Free Porn
xbporn
https://www.bangspankxxx.com
voguerre
southampton escorts
More

    IPAK Book Building Starts Today (8th May)

    International Packaging Films Limited (IPAK) IPO’s book-building phase will be held on May 08 and 09, 2024 where high net worth individuals and institutional investors will subscribe to 70.1 million shares.

    The book building will start at the floor price of Rs 21 per share.

    Based on the interest from investors during the book-building process, the strike price can rise by 40% (Rs 29.4 a share), thus helping the company collect Rs 2.04 billion.

    After the book-building process, successful bidders will be provisionally allotted 75% of the issue size (70.1 million shares).

    The 25% of the issue size will then be offered to retail investors at the strike price.

    Investors see it as an opportunity to invest in the largest packaging film manufacturer with a high growth potential.

    International Packaging Films Limited aims to raise Rs 1.47 to 2.04 billion by offering a 10.01 stake to institutional and ordinary investors.

    International Packaging Films Limited recorded net sales of PKR 19.9 billion in the year 2023 while its gross margin for the financial year 2023 remained 27%. Its profit before tax for the year 2023 was 2.9 billion while its net profit after tax was 1.6 billion.  The company’s 3-year revenue CGAR remained at 41%.

    The group collectively offers a complete portfolio of packaging solutions, producing BOPP, CPP, and BOPET films, making it the first-ever group in Pakistan to provide one-window flexible packaging solutions, located at two strategically important locations in the country.

    Also Read: International Packaging Films Limited intends to raise PKR 1.47 billion through IPO!

    Latest articles

    Meezan Bank Partners with Trifit Gym to Offer Premium Cardholders Unmatched Fitness Discounts

    Meezan Bank, Pakistan’s leading Islamic bank, has recently entered into an exclusive partnership with Trifit Gym, a world-class fitness club in Karachi and Islamabad,...

    IDEAS 2024 Partners with PIA to Promote Prestigious Defence Exhibition

    Pakistan International Airlines (PIA) has the official Airline Partner for IDEAS 2024 (Arms for Peace), the premier defence exhibition in Pakistan. As part of this...

    Hexalyze shines at Singapore Fintech Festival

    Pakistan's IT companies and fintech operators are looking to grab business opportunities in the fintech sector worldwide, expanding their footprint in different countries, attracting...

    Emirates Group reports record half-year results for 2024-25

    Group: New record half-year performance with profit before tax  of AED 10.4 billion (US$ 2.8 billion), up 1% from the same period last year. Revenue...

    Related articles