The initial public offering of Wahdat Poultry Farm Limited drew strong investor demand, with the book building phase oversubscribed by more than five times and the strike price set at Rs. 18 per share.

According to the book building results, investors placed bids worth Rs. 2.315 billion against a floor price-based issue size of Rs. 446 million, highlighting robust appetite for the offering. A total of 254 investors participated in the process, of whom 105 were allocated shares.

The final strike price was set 50% above the floor price of Rs. 12 per share, reflecting positive investor sentiment toward the company’s business outlook and operating performance.

Institutional investors accounted for a major share of the allocations, with commercial banks, mutual funds, insurance companies and securities brokers among the main participants. Individual investors also showed strong interest, with local retail demand contributing to the overall response.

The book building process was held on April 20 and April 21, 2026, completing the price discovery stage of the offering.

The IPO will now move to the retail subscription phase, after which Wahdat Poultry Farm Limited is expected to be listed on the Pakistan Stock Exchange.