Notices Closed 03 Jul 2026
Select Technologies Limited — Initial Public Offering (IPO) Book Building & Public Subscription Notice
Select Technologies Limited · Lahore · Nawa-i-Waqt,
Notice advertisement published in Nawa-i-Waqt on Tuesday, 16 June 2026, listed under Lahore. Issued by Select Technologies Limited. The last date printed on the advertisement was Friday, 3 July 2026 and has passed.
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Issuer: Select Technologies Limited. Invitation for subscription to an Initial Public Offering (IPO) through a Book Building process and subsequent public subscription to raise capital for expansion and working capital.
| Issue Type | Initial Public Offering (IPO) — Book Building (75%) & Public Subscription (25%) |
|---|---|
| Total Issue Size | 88,888,889 Ordinary Shares |
| Face Value | PKR 10 per share |
| Floor Price (Book Building) | PKR 28.00 per share |
| Proceeds (at Floor Price) | PKR 2,488,888,892 |
| Book Building Allocation | 66,666,667 shares (75% of issue) |
| Retail/Public Allocation | 22,222,222 shares (25% of issue) |
| Registration of Eligible Investors | Starts: 2026-06-17; Closes: 2026-06-23 (registration ends at 15:00 on 2026-06-23) |
| Bidding Period (Book Building) | 2026-06-22 to 2026-06-23 |
| Public Subscription Period | 2026-07-02 to 2026-07-03 (both days inclusive) |
| Draft Prospectus Public Comment Period | 2026-05-07 to 2026-05-14 |
| Minimum Application | Minimum subscription of 500 shares |
| Eligible Participants (Book Building) | Securities brokers, mutual funds, scheduled banks and development finance institutions that are clearing members of NCCPL, and trading-only brokers (as per prospectus). |
| How to Apply | Applications via PSX e-IPO and Centralized e-IPO (PES)/members' online channels and through authorized bankers/intermediaries. Retail/public subscription through PSX e-IPO or designated channels during public subscription window. |
| Joint Consultants to Issue | Arif Habib and InterMarket (as listed) |
| Use of Proceeds | Proceeds to be used for setting up and expansion of manufacturing/assembly facilities and working capital (breakdown provided in prospectus). |
| Corporate Office | 152-I M-Quad-e-Azam Industrial Area, Kot Lakhpat, Lahore, Punjab, Pakistan |
Prospective investors should read the full prospectus, audited accounts and risk disclosures available on the Pakistan Stock Exchange (PSX) website and the company/issue managers' websites before applying. Submission deadlines and registration cut-offs are strict; refer to official prospectus for subscription instructions, eligible participant definitions, allotment policy, and payment procedures.
Published in Nawa-i-Waqt on Tuesday, 16 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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