Wahdat Poultry Farm Ltd listed on Pakistan Stock Exchange

Pakistan Stock Exchange (PSX) hosted a landmark Gong Ceremony on Friday to commemorate the official listing of Wahdat Poultry Farm Limited on the PSX Main Board. The ceremony, held at the PSX Trading Hall here, following the successful completion of its Initial Public Offering (IPO)

KARACHI, (APP - UrduPoint / Pakistan Point News - 8th May, 2026) pakistan stock exchange (PSX) hosted a landmark Gong Ceremony on Friday to commemorate the official listing of Wahdat Poultry Farm Limited on the psx Main board. The ceremony, held at the PSX Trading Hall here, following the successful completion of its Initial Public Offering (IPO). The company raised PKR 956 million through the book-building and public subscription process, with the strike price settled at PKR 18 per share, reflecting a 50% increase from the floor price of PKR 12.

The IPO was met with strong investor interest, oversubscribed 5.2 times in the book-building portion and 1.2 times in the retail segment. A total of 2,731 retail investors participated, alongside 81 individual and 24 institutional investors in the book-building phase. This robust demand highlights the confidence of investors in Pakistan’s capital markets and the growth potential of the poultry and agribusiness business.

Speaking about the listing, Ruhail Muhammad, Chairman Pakistan Stock Exchange, stated that the listing of Wahdat Poultry Farm Limited is a proud moment for the Pakistan Stock Exchange and a strong signal to the food and agriculture sector that the capital markets are open for business. Pakistan’s farming and agri-processing enterprises represent an enormous untapped potential, and the ceremony demonstrates that this sector can also access growth capital through PSX. We warmly welcome Wahdat Poultry Farm to the PSX family and look forward to their continued success as a listed company, he added.

Farrukh H. Sabzwari, CEO Pakistan Stock Exchange, added that they were delighted to welcome Wahdat Poultry Farm Limited to the PSX Main Board.

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This listing is a testament to the robust momentum we are witnessing across Pakistan’s capital market. The KSE-100 Index has delivered a 1-year USD return of 58.09%, ranking second among regional markets, as well as the highest 3-year and 5-year annualized returns of 63.21% and 16.28% respectively, demonstrating long-term return potential of the Pakistani market.

Mohammed Sohail, CEO of Topline Securities Limited, commented that Topline Securities is proud to have served as the advisor and lead manager for Wahdat Poultry Farm Limited’s IPO. The exceptional response from investors, with book-building oversubscribed more than seven times, reaffirms the strong appetite for quality listings in Pakistan’s equity markets. We believe Wahdat’s listing will set a benchmark for agricultural enterprises seeking to raise growth capital through the public markets, and we look forward to their continued success on the PSX.”

Air Marshal (Retd) Aurangzeb Khan, CEO of Wahdat Poultry Farm Limited, remarked that the listing marks a transformative chapter for Wahdat Poultry Farm Limited. By accessing the capital markets, we are not only strengthening our financial foundation but also committing ourselves to the highest standards of transparency and corporate governance.

The successful listing of Wahdat Poultry Farm Limited on PSX underscores the growing trust of issuers and investors on Pakistan’s capital markets, where both institutional and retail investors are playing an increasingly vital role.