28th February 2025

Pakistan Stock Exchange holds a Gong Ceremony on listing of Zarea Limited

Pakistan Stock Exchange (PSX) held a gong ceremony to celebrate the successful listing of Zarea Limited, a leading B2B e-commerce platform revolutionizing commodity trading and distribution in Pakistan. Established in September 2020, Zarea Limited has emerged as a pioneer in the digital B2B marketplace, connecting buyers and sellers of cement, steel, agricultural biomass, and construction materials.

The ceremony was graced by Mr. Sharjeel Inam Memon, Senior Minister for Information Transport & Mass Transit, Govt. of Sindh, and Mr. Rehmat Ali Hasnie, President & CEO of National Bank of Pakistan, as chief guests. Also in attendance were Mr. Farrukh H. Sabzwari, MD & CEO of PSX, Board Members and Management of PSX, Mr. Ali Alam Qamar, CEO of Zarea Limited, Board members of Zarea Limited, Mr. Mohammed Sohail, CEO of Topline Securities and Mr. Muhammad Shahid, CEO of Growth Securities.

Zarea Limited’s listing marks the first Initial Public Offering (IPO) of 2025 on the main board of the Pakistan Stock Exchange. The IPO concluded with an oversubscription of 1.9 times, raising a total of PKR 1.03 billion through the book-building process.