Beverage Cans IPO oversubscribed three times; raises Rs4.6 billion
KARACHI: The book-building phase of Pakistan Aluminium Beverage Cans Ltd (PABC)’s Initial Public Offer (IPO) has concluded with an oversubscription of 3.3 times, the company said on Wednesday. The IPO received an overwhelming response from institutional investors and high-net worth individuals as the strike price clocked in at Rs 49/share, 40 percent higher than the … Continue reading Beverage Cans IPO oversubscribed three times; raises Rs4.6 billion
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