Select Technologies Limited – Prospectus Supplement: Issue Price, Underwriters & Allotment Breakup
Select Technologies Limited – Prospectus Supplement · Gujranwala · Nawa-i-Waqt,
Notice advertisement published in Nawa-i-Waqt on Wednesday, 24 June 2026, listed under Gujranwala, Pakistan. Issued by Select Technologies Limited – Prospectus Supplement.
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This supplement, published pursuant to the Public Offering Regulations, 2017, supplements the prospectus of Select Technologies Limited (prospectus earlier published on 16 June 2026). It provides offer price details, underwriting commitments for the retail portion and the category-wise provisional allotment of shares.
Offer price details
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 breakup of successful bidders (provisional)
| 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 | - | - |
| Securities Brokers | 8 | 7,353,065 |
| Foreign Institutional Investors | - | - |
| Any other Institutional Investors | 6 | 10,201,903 |
| Total Institutional Investors | 23 | 36,144,322 |
| Foreign Individual Investors | 7 | 1,288,354 |
| Local Individual Investors | 265 | 29,233,991 |
| Total Individual Investors | 272 | 30,522,345 |
| GRAND TOTAL | 295 | 66,666,667 |
Issuer: Select Technologies Limited. This supplement provides the retail underwriters' commitments and the provisional allocation by investor category. No application or closing deadline is stated in this supplement.
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.
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