APAG Limited — Supplement to Prospectus: IPO Price Band, Underwriters and Allocation Breakup
APAG Limited · Gujranwala · Nawa-i-Waqt,
Notice advertisement published in Nawa-i-Waqt on Tuesday, 1 September 2026, listed under Gujranwala. Issued by APAG Limited.
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Agro Processors & Atmospheric Gases Limited (APAG) publishes a supplement to its prospectus pursuant to the Public Offering Regulations, 2017, continuing the prospectus previously published on August 13, 2026. Below are the issue price details, underwriter commitments and category-wise provisional allocation of bidders.
Issue price information
| Floor Price | PKR 32.00 per share |
| Strike Price | PKR 33.00 per share |
| Issue Price | PKR 33.00 per share |
| Price Band (40% above Floor Price) | PKR 44.80 per share |
Underwriters to the retail portion of the issue (summary)
| S.No | Name of Underwriter | Number of Shares Underwritten | Amount Underwritten (PKR Mn) at Floor Price PKR 32.00 | Amount Underwritten (PKR Mn) at Cap Price PKR 44.80 | Underwriting Fee (%) | Take-up Commission (%) |
|---|---|---|---|---|---|---|
| 1 | Dawood Equities Limited | 9,375,000 | 300.00 | 420.00 | ||
| 2 | Sherman Securities (Pvt) Limited | 2,012,385 | 64.40 | 90.15 | ||
| 3 | KTrade Securities Limited | 1,562,500 | 50.00 | 70.00 | 1.00 | 1.00 |
| 4 | Ismail Iqbal Securities (Pvt) Limited | 1,562,500 | 50.00 | 70.00 | ||
| Total | 14,512,385 | 464.40 | 650.15 | |||
Category-wise breakup of successful bidders (provisional)
| S.No | Category | No. of Bidders | No. of Shares Provisionally Allocated |
|---|---|---|---|
| 1 | Commercial Banks | ||
| 2 | Development Financial Institutions | 2 | 8,175,000 |
| 3 | Mutual Funds | 9 | 3,376,188 |
| 4 | Insurance Companies | 3 | 4,290,000 |
| 5 | Investment Banks | 1 | |
| 6 | Employees' Provident / Pension Funds | 1 | 285,700 |
| 7 | Leasing Companies | ||
| 8 | Modarabas | 1 | |
| 9 | Securities Brokers | 8 | 2,964,323 |
| 10 | Foreign Institutional Investors | 1 | 59,659 |
| 11 | Any other Institutional Investors | 9 | 9,561,458 |
| Total Institutional Investors | 32 | 28,652,669 | |
| 12 | Foreign Individual Investors | 1 | 59,659 |
| 13 | Local Individual Investors | 116 | 14,824,828 |
| Total Individual Investors | 117 | 14,884,487 | |
| Grand Total | 149 | 43,537,156 |
Notes: This supplement is issued by Agro Processors & Atmospheric Gases Limited in continuation of the prospectus dated 2026-08-13 under the Public Offering Regulations, 2017. Figures shown are provisional allocations and underwriter commitments as published in the supplement.
Published in Nawa-i-Waqt on Tuesday, 1 September 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 APAG Limited.
- Which newspaper published this notice?
- Nawa-i-Waqt, in the edition of Tuesday, 1 September 2026.
- Which city is this notice for?
- Gujranwala — 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.
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