Feb 24, 2012

IPO of Next Capital Limited through Book Building Process

Next Capital Limited is going an IPO. Lead Manager is Arif Habib, Book Runner Aba Ali Habib Securities (Private) Limited for issue of 10 millioin ordinary shares of face value of PKR 10 per share.

75% of the total issue through book building process at a floor price of PKR 10 per share while 25% will be available for general public with an additional green shoe option of upto 2.5 million ordinary shares at the strike price determined through the book building process.

Source: Next Capital Limited Prospectus
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