October 21, 2024

IPO Roundtable 2024 convened in Lahore by SECP & PSX

In a collaborative effort, the The Securities & Exchange Commission of Pakistan (SECP) and Pakistan Stock Exchange (PSX) held the IPO Roundtable 2024 in Lahore. The IPO Roundtable, themed, ‘Empowering the Future of Capital Markets’, was convened following the success of the IPO Summit held in Karachi in January 2024. The purpose of the roundtable was to generate awareness among growth-driven private companies on how they can leverage the capital markets (IPO) to achieve their vision of growth, expansion, diversification, and corporatisation. The conference included speeches, briefings and discussions held by the leadership of the SECP, PSX, CTIs and the listed companies aimed at encouraging potential issuers & unlisted companies to list and providing them the necessary guidance from a regulatory and procedural standpoint.

Key capital market stakeholders, including business leaders, market participants & Consultants to the Issue, investment banking professionals, regulators and potential issuers (totaling 30 companies) participated in the roundtable. Prominent participants included Mr. Akif Saeed, Chairman SECP; Mr Abdul Rehman Warraich, Commissioner SECP, and team members from the Securities Market Division of the SECP. Mr. Ahmed Chinoy H.I. S.I., Board member PSX, led the team from PSX. The CTIs at the conference were led by the top management of AKD Securities Limited, Arif Habib Limited, Next Capital Limited, Integrated Equities Limited and Topline Securities Limited. The (new and old) listed companies from Lahore region present at the conference included leadership from Fast Cables Limited, Hi Tech Lubricants Limited, Honda Atlas Cars, Pak Electron Limited (PEL), and Packages Limited, among others.