Wahdat Poultry Farm IPO Oversubscribed as Investors Express Strong Interest


Karachi: The initial public offering (IPO) of Wahdat Poultry Farm Limited, held on April 27 and April 28, 2026, has attracted substantial attention from investors, resulting in an oversubscription of shares. The general public subscription, as compiled by CDC Share Registrar Services Limited, indicates a robust response beyond the initial offering size.



According to the data, a total of 2,731 applications were received, requesting 18.43 million shares, exceeding the issue size of 15.93 million shares. The total amount applied for reached PKR 331.74 million. The applications were categorized as follows: for 500 shares, there were 963 applications requesting 481,500 shares with an amount of PKR 8.67 million; for 1,000 shares, 781 applications were made for 781,000 shares totaling PKR 14.06 million; for 1,500 shares, 177 applications sought 265,500 shares with an amount of PKR 4.78 million; and for 2,000 shares, there were 371 applications requesting 742,000 shares amounting to PKR 13.36 million. Notably, 439 applications were made for over 2,000 shares, totaling 16.16 million shares and an amount of PKR 290.88 million.



According to information available from the Pakistan Stock Exchange (PSX), the application for all shares will undergo allocation subject to scrutiny and due process. Full allocation will be granted to applications requesting up to 2,000 shares, while those requesting more than 2,000 shares will be allotted shares on a pro-rata basis.



The IPO’s success underscores strong investor confidence in Wahdat Poultry Farm Limited, as evidenced by the significant move in subscription figures beyond the initial offering size. The forthcoming allocation process will determine the final distribution of shares to the applicants.