Tag: supernet

  • Arabsat, Supernet ink satellite reseller agreement

    Arabsat, Supernet ink satellite reseller agreement

    Karachi, July 28, 2025 – Supernet Limited has formally announced a significant reseller agreement with Arabsat (Arab Satellite Communication Organization), aiming to deliver managed satellite services throughout the extensive Arabsat coverage area.

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  • Supernet wins major cybersecurity contracts in telecom sector

    Supernet wins major cybersecurity contracts in telecom sector

    Karachi, June 4, 2025 – Supernet Limited, a leading technology-driven enterprise in Pakistan, announced on Wednesday that its subsidiary has secured significant multi-year, multi-million dollar contracts for the delivery of advanced cybersecurity solutions.

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  • Supernet starts MENA partnership

    Supernet starts MENA partnership

    Supernet Limited Monday announced that it has started a new business relationship with a leading Telecom and IT Services Provider in the Middle East North Africa (MENA) and Asia Region.

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  • Supernet completes delivery of multi-million multiplexers in Pakistan

    Supernet completes delivery of multi-million multiplexers in Pakistan

    Supernet Limited, a leading telecommunications company, has announced the successful delivery of equipment and services for Phase 3 of a multi-million dollar long-term program aimed at supplying multiplexers and associated services in Pakistan.

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  • Supernet, Trend Micro awarded threat protection project

    Supernet, Trend Micro awarded threat protection project

    Karachi: The Supernet Limited on Monday announced that the company and its Japanese partner Trend Micro Inc. have been awarded a threat protection system project in Pakistan worth Rs450 million.

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  • Supernet raises Rs475 million through book building

    Supernet raises Rs475 million through book building

    KARACHI: Supernet Limited has raised Rs475 million through book-building at GEM Board of PSX. The process has concluded with an oversubscription of 1.4 times, the company said on Wednesday.

    The total bids received are worth Rs659 million while the strike price clocked in at Rs22.50.

    READ MORE: Supernet scrip receives overwhelming response

    The first ever GEM Board listing of an IT company received an overwhelming response from institutional investors and, Roshan Digital Accounts holders and high-net worth individuals as Supernet has raised Rs 475 million in total, making it the largest IT listing at GEM Board of PSX.

    Apart from local investors, foreign financial institutions also took keen interest in the initial offering of first IT Company on GEM Board of PSX.

    The issue consists of 21,111,121 Ordinary Shares, representing 18.81 per cent of the total post-offering paid up capital of Supernet of face value of Rs10 each.

    READ MORE: Supernet awarded Shariah screening certificate

    The entire issue was offered through Book Building on April 12-13 at a Floor Price of Rs22.50 per share, including premium of Rs12.50 per share.

    Super Net has been offered at FY22 PE of 6.7 against Avg. IT sector PE of 22X, offering significant value to the investors.

    This offering will help revive new listings at PSX once again. There is lot of demand for tech related stocks and that is why we saw higher than anticipated bids in the book building of SuperNet says Mohammed Sohail CEO of Topline Securities who acted as Advisor and Book Runner to the issue.

    READ MORE: Supernet set to raise Rs475 million through initial offering

    Jamal Nasir, CEO Supernet Limited, in his statement thanked the institutions and individual investors for showing interest and trust in Supernet and hopes that their investment in the company would yield great returns. “We have offered great value to our investors and their trust and investment would grow with Supernet.”

    Recently, Supernet Group is aggressively expanding into Cyber Security, Power Solution and IT & Infrastructure Solutions business. The proceeds from listing will be utilized to finance the expansion plan.

    READ MORE: Supernet wins ZTBL projects worth Rs450 million

    For expansion into new business segments, SNL has set up two new subsidiaries: Supernet Secure Solutions Private Limited and Supernet Infrastructure Solutions Private Limited . Another subsidiary, Phoenix Global (Supernet Global Solutions), is a UAE based company that offers a wide range of IT & Communication solutions to its international clients. Supernet’s clientele include major banks, mobile operators, leading MNCs, government and defence institutions, etc.

    Founded in 1995, it is one of the country’s leading telecommunications service provider and systems integrator. The company offers a full portfolio of local-to-global integrated communications infrastructure solutions to telecoms, defense, private firms and government sectors/customers and has a pool of highly trained and experienced human resource in wide range of communication and IT technologies spread across Pakistan in more than 200 cities and towns.

  • Supernet scrip receives overwhelming response

    Supernet scrip receives overwhelming response

    KARACHI: Supernet Limited, the first IT company to be listed at GEM Board of PSX, has received overwhelming response by investors on first day of its book building on April 12, 2022. The book buying is continued on April 13, 2022 (today) too.

    With an oversubscription of 1.99% on first day of its book building, Supernet received total bids of 21,530,720 shares against an offer of 21,111,121 shares, over subscription by 1.99% or 419,599 shares on Day 1.

    READ MORE: Supernet awarded Shariah screening certificate

    The first ever GEM Board listing of an IT company received an overwhelming response from institutional investors and high-net worth individuals.

    Supernet has a target to raise betwen 475 million to 666 million through listing at GEM Board of PSX.

    READ MORE: Supernet set to raise Rs475 million through initial offering

    Apart from local investors, foreign financial institutions also took keen interest in the initial offering of first IT company on GEM Board of PSX.

    The issue consists of 21,111,121 Ordinary Shares, representing 18.81 per cent of the total post-offering paid up capital of Supernet of face value of Rs10 each.

    The entire issue was offered through Book Building on April 12-13 at a Floor Price of Rs22.50 per share, including premium of Rs12.50 per share.

    READ MORE: Supernet wins ZTBL projects worth Rs450 million

    Recently, Supernet Group is aggressively expanding into Cyber Security, Power Solution and IT & Infrastructure Solutions business. The proceeds from listing will be utilized to finance the expansion plan.

    For expansion into new business segments, SNL has set up two new subsidiaries: Supernet Secure Solutions Private Limited and Supernet Infrastructure Solutions Private Limited . Another subsidiary, Phoenix Global (Supernet Global Solutions), is a UAE based company that offers a wide range of IT & Communication solutions to its international clients. Supernet’s clientele include major banks, mobile operators, leading MNCs, government and defence institutions, etc.

    READ MORE: Supernet, Avara awarded project for supply, maintenance

  • Supernet awarded Shariah screening certificate

    Supernet awarded Shariah screening certificate

    KARACHI: Supernet Limited, a subsidiary of Telecard Limited has been awarded Shariah Screening Certificate by Meezan Bank Limited, based on the review of consolidated financial statements of SNL, certifying its compliance with KSE Meezan Islamic Index Criteria set out by Pakistan Stock Exchange.

    READ MORE: Supernet set to raise Rs475 million through initial offering

    This was announced in a notice by Telecard sent to Pakistan Stock Exchange on Monday.

    According to Meezan Bank letter, Meezan Bank Limited, in the capacity of Banker to the book building, reviewed the Consolidated Audited Financial Statements of Supernet Limited based on June 30, 2021 which are in compliance with KSE Meezan Islamic Index Criteria set out by Pakistan Stock Exchange.

    READ MORE: Supernet wins ZTBL projects worth Rs450 million

    On the basis of reviewed financial statements, it is allowed to participate in initial offering of Supernet Limited with the provision that the investee will be required to purify is dividend income as per company’s annual dividend purification rate determined on semi-annual basis in KMI- All Share Islamic Index.

    This is pertinent to highlight that the Shariah compliance status of the company’s financial statements may vary from one financial period to the other. So, this certificate shall remain valid as long as company’s latest available financial statements are for the period ended June 30.

    READ MORE: Supernet, Avara awarded project for supply, maintenance

  • Supernet set to raise Rs475 million through initial offering

    Supernet set to raise Rs475 million through initial offering

    KARACHI: Supernet Limited has planned to raise Rs475 million through Initial Offering of its 18.81 per cent of post-offering share capital.

    The capital being raised by listing the firm on the GEM Board of the Pakistan Stock Exchange (PSX) will consist of fresh equity of Rs275 million in Supernet and ‘Offer for Sale’ by Telecard Limited of Rs200 million.

    Supernet is the first technology company to be listed on GEM Board of PSX.

    READ MORE: Supernet wins ZTBL projects worth Rs450 million

    The issue consists of 21,111,121 Ordinary Shares, representing 18.81 per cent of the total post-offering paid up capital of Supernet of face value of Rs10 each.

    The entire issue will be offered through Book Building on April 12-13 for which registration will Start from April 7 at a Floor Price of Rs22.50 per share, including premium of Rs12.50 per share. The upper limit of the price band will not be more than 40 per cent of the Floor Price.

    READ MORE: Supernet, Avara awarded project for supply, maintenance

    Super Net is being offered at FY22 PE of 6.7 vs Avg. IT sector PE of 22X, offering significant value to the investors.  Out of the total issue, 8,888,889 shares are being offered as Offer for Sale by Telecard and 12,222,232 shares are being offered as fresh equity.

    Founded in 1995, it is one of the country’s leading telecommunications service provider and systems integrator. The company offers a full portfolio of local-to-global integrated communications infrastructure solutions to telecoms, defense, private firms and government sectors/customers and has a pool of highly trained and experienced human resource in wide range of communication and IT technologies spread across Pakistan in more than 200 cities and towns.

    READ MORE: Supernet awarded telecom projects worth Rs100 million

    Recently, Supernet Group is aggressively expanding into Cyber Security, Power Solution and IT & Infrastructure Solutions business. The proceeds from listing will be utilized to finance the expansion plan.

    For expansion into new business segments, SNL has set up two new subsidiaries: Supernet Secure Solutions Private Limited and Supernet Infrastructure Solutions Private Limited . Another subsidiary, Phoenix Global (Supernet Global Solutions), is a UAE based company that offers a wide range of IT & Communication solutions to its international clients. Supernet’s clientele include major banks, mobile operators, leading MNCs, government and defence institutions, etc.

    READ MORE: Suprenet gets project for optic fiber supply

  • Supernet wins ZTBL projects worth Rs450 million

    Supernet wins ZTBL projects worth Rs450 million

    KARACHI: Supernet Limited has been awarded multiple contracts worth over Rs450 million by Zarai Taraqiati Bank Limited (ZTBL) after competitive bidding process.

    The contracts will help ZTBL strengthen the communication and IT infrastructure of their nationwide branch network, mostly in the rural areas of Pakistan.

    Supernet is actively upgrading communication infrastructure of the bank with multi-medium communication networks enabling availability of high level uptimes for branches to communicate with their head office.

    READ MORE: Supernet, Avara awarded project for supply, maintenance

    This will be a managed service model where Supernet will do installation and configuration of its Wide Area Network with ZTBL’s already existing devices for end-to-end seamless communication. The nationwide presence of Supernet’s engineering resources will ensure smooth and fast deployment of this system.

    Furthermore, Supernet will also upgrade current Local Area Network (LAN) at all of the bank’s 450+ branches across Pakistan, ensuring installation of high quality passive infrastructure of power and data communication. Bank’s appetite, demand and design of next generation LAN will ensure a long term and durable infrastructure availability in remote areas, which is quite a challenge. 

    READ MORE: Supernet awarded telecom projects worth Rs100 million

    ZTBL’s Executive Vice President and CIO, Aamir Zaffar Chaudry commented, “We are depending upon the Supernet outreach in rural areas to help us in our LAN & WAN projects /operations. Our past experience with Supernet gives us the confident that they will come good on our expectations”.

    Hassan Jafri, Vice President and Business Unit Head of Supernet commented, “Award of these contracts translates trust of our client in our services. We are excited and keen to be part of strengthening networks for ZTBL that will ensure helping our country’s agriculture -ecosystem. We will continue working with ZTBL to bring further innovative solutions and their implementation to deliver a true essence of technology for agriculture.”

    READ MORE: Suprenet gets project for optic fiber supply

    Supernet Limited, one of Pakistan’s leading telecommunications service provider and systems integrator, has been operating since 1995. Supernet offers a complete range of enabling ICT solutions with the expertise to, delver, deploy and maintain them anywhere in the country through a dedicated team of technology professionals.

    With presence of its engineering resources all over Pakistan, Supernet has a long-standing experience of providing ICT services to corporate customers. Supernet has expanded its portfolio of services to include cyber security solutions, power solutions, IT Infrastructure solution and software & application solutions.