External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Cross Asset Strategy

<ul><li>Pakistan market (PSX) saw an increase in offerings in 2024, with the bourse witnessing 7 IPOs (including 2 GEM Board offerings), compared to just 1 IPO in the previous year.</li><li>The total amount raised from investors through the 7 offerings in 2024 stood at Rs8.4bn, marking the highest level since 2021, when there were 8 offerings that raised a total of Rs19.9bn.</li><li>The market saw immense enthusiasm in these offerings during the year as all of them were oversubscribed.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Pakistan market (PSX) saw an increase in offerings in 2024, with the bourse witnessing 7 IPOs (including 2 GEM Board offerings), compared to just 1 IPO in the previous year.The total amount raised from investors through the 7 offerings in 2024 stood at Rs8.4bn, marking the highest level since 2021, when there were 8 offerings that raised a total of Rs19.9bn.The market saw immense enthusiasm in these offerings during the year as all of them were oversubscribed.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

International Packaging Films Limited (IPAK PK)

Pakistan Strategy - 2024: Companies Raised Rs8.4bn for 7 IPOs, Highest Amount in Last 3-Years