Notices Closed 03 Jul 2026
Select Technologies Limited IPO — 88,888,889 Shares at Floor Price PKR 28 (Book Building + Retail Subscription)
Select Technologies Limited IPO · Lahore · Nawa-i-Waqt,
Notice advertisement published in Nawa-i-Waqt on Tuesday, 16 June 2026, listed under Lahore. Issued by Select Technologies Limited IPO. The last date printed on the advertisement was Friday, 3 July 2026 and has passed.
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Issuer: Select Technologies Limited. This is an abridged prospectus for an Initial Public Offering (IPO) of ordinary shares.
Issue details
| Issue size | 88,888,889 ordinary shares (par value PKR 10 each) |
| Floor / Issue price | PKR 28.00 per share (PKR 10 par + PKR 18 premium) |
| Offer composition | 75% (66,666,667 shares) offered through Book Building; 25% (22,222,222 shares) reserved for Retail / General Public |
| Method | Book Building Method for eligible investors; retail allotment at Issue Price |
Key dates
| Registration of Eligible Investors | Commences 2026-06-17 and closes 2026-06-23 (09:00–15:00 as specified) |
| Bidding / Book Building Dates | 2026-06-22 to 2026-06-23 |
| Public / Retail Subscription | 2026-07-02 to 2026-07-03 (both days inclusive; subscription period ends at midnight) |
Eligible participants for Book Building
Securities brokers, mutual funds, scheduled banks and development finance institutions that are clearing members of the NCCPL, and trading-only brokers (as specified by the prospectus).
Minimum application
General (retail) subscription: minimum application is for 500 shares (i.e., Issue Price × 500 shares). Minimum bid amount for Book Building to be not less than PKR 2,000,000 (as per prospectus rules for eligible investors).
Use of proceeds (summarised)
| Plant & Machinery — AC Assembly line | PKR 624,174,707 (25%) |
| Plant & Machinery — Smartphones | PKR 433,351,038 (17%) |
| Plant & Machinery — TV Assembly line | PKR 373,116,320 (15%) |
| Working capital | PKR 1,058,246,827 (43%) |
| Total | PKR 2,488,888,892 |
Registered / Corporate office
152-I M.A. Qadri-ezamin Industrial Area, Kot Lakhpat, Lahore, Punjab, Pakistan. Further details and full prospectus are available on the company and PSX websites as indicated in the prospectus.
Prospective applicants should review the full prospectus and audited accounts, consider the risk factors and consult their financial advisors before applying. All dates, allocations and amounts are as stated in the abridged prospectus.
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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