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SE Fruits, Vegetable IPO book-building process begins
KARACHI: The two-day book-building process for the Initial Public Offering (IPO) of SE Fruits and Vegetable Limited commenced at the Pakistan Stock Exchange (PSX) on Monday and will continue until September 22, with the company offering 22.5 million shares to institutional and high-net-worth investors. SE Fruits and Vegetable is offering a total of 30 million ordinary shares, representing 32.01 percent of its post-IPO paid-up capital. The shares carry a floor price of Rs40 each, while the book-building process allows the strike price to increase by up to 60 percent to a maximum of Rs64 per sha...
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