Technology firm expects major contract to strengthen earnings and support Pakistan’s digital transformation efforts
KARACHI: Supernet Technologies Limited has been awarded a contract worth approximately PKR 1 billion for the provision of hardware and services to a leading organisation in Pakistan, reinforcing the company’s position in the country’s technology and communications sector.
(more…)Proposed capital raising to support working capital needs and partially fund acquisition-related obligations
Supernet Technologies Limited plans to raise up to Rs914.77 million through a potential right issue of ordinary shares, seeking to strengthen its financial position, support future projects and partially finance a strategic acquisition, according to a notice submitted to the Pakistan Stock Exchange (PSX).
(more…)KARACHI, April 15, 2026 — Pakistan-based technology firm Supernet Limited (SupernetGlobal) has launched its first satellite-based connectivity solution in Africa, marking a significant step in its international expansion strategy, the company said in a filing to the Pakistan Stock Exchange (PSX).
(more…)KARACHI, April 10 – Supernet Technologies Limited said on Friday its subsidiary, Supernet Secure Solutions Private Limited, has secured a five-year cybersecurity contract from one of Pakistan’s largest banks, reinforcing its presence in the country’s financial technology sector.
(more…)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.
(more…)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.
(more…)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.
(more…)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.
(more…)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.
(more…)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.