Select Technologies Limited — Supplement to Prospectus: Retail IPO pricing, Underwriters and Allocation Summary
Select Technologies Limited · Karachi · Nawa-i-Waqt,
Notice advertisement published in Nawa-i-Waqt on Wednesday, 24 June 2026, listed under Karachi. Issued by Select Technologies Limited.
The original image is temporarily unavailable. Use the source link or the details below. Open the full-size clipping Advertisement details
Issuer: Select Technologies Limited. This supplement is published pursuant to the Public Offering Regulations, 2017 as a continuation of the prospectus earlier published on 16 June 2026. It provides retail portion offer details, underwriting commitments and category-wise provisional allocation of shares.
Offer pricing:
| Floor price | PKR 28.00 per share |
| Strike price | PKR 34.00 per share |
| Issue price | PKR 34.00 per share |
| Price band (maximum 40%) | PKR 42.00 per share |
Underwriters to the retail portion of the issue:
| Name of Underwriter | Shares Underwritten | Amount Underwritten (at Floor) | Amount Underwritten (at Cap) | Underwriting Fee (%) | Take-up Commission (%) |
|---|---|---|---|---|---|
| Intermarket Securities Limited | 10,714,286 | PKR 300,000,008 | PKR 450,000,012 | ||
| Dawood Equities Limited | 4,761,905 | PKR 133,333,340 | PKR 200,000,010 | ||
| Ismail Iqbal Securities (Private) Limited | 3,571,429 | PKR 100,000,012 | PKR 150,000,018 | 1% | 1% |
| Sherman Securities (Private) Limited | 3,174,602 | PKR 88,888,856 | PKR 133,333,284 | ||
| Total | 22,222,222 | PKR 622,222,216 | PKR 933,333,324 |
Category-wise provisional allocation of successful bidders (retail portion):
| Category | No. of Bidders | No. of Shares Provisionally Allocated |
|---|---|---|
| Commercial Banks | 2 | 1,360,827 |
| Development Financial Institutions | - | - |
| Mutual Funds | 5 | 10,504,600 |
| Insurance Companies | 1 | 6,666,666 |
| Investment Banks | - | - |
| Employees' Provident / Pension Funds | 1 | 57,261 |
| Leasing Companies | - | - |
| Modarabas | - | - |
Notes: This supplement provides retail-offer pricing and underwriting commitments as published by Select Technologies Limited. Refer to the full prospectus and regulatory filings for complete application, subscription and allotment procedures.
Published in Nawa-i-Waqt on Wednesday, 24 June 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
Questions about this notice
- What is the last date for this notice?
- This advertisement prints no last date. Read the clipping and confirm with Select Technologies Limited.
- Which newspaper published this notice?
- Nawa-i-Waqt, in the edition of Wednesday, 24 June 2026.
- Which city is this notice for?
- Karachi — the location listed for this advertisement.
- How do I respond to this notice?
- Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.
More notices
Also in Nawa-i-Waqt · 24 Jun 2026
