Securities and Exchange Commission of Pakistan publishes guide for companies’ listing through Initial Public Offerings

Islamabad: As a part of its developmental efforts, the Securities and Exchange Commission of Pakistan (SECP) has published a guidebook titled “Guide for Listing of Companies through Initial Public Offerings (IPOs)”.

It is aimed at facilitating the issuers and their lead manager/consultants/advisors, book runners and the underwriters to make their IPOs smoothly and efficiently. It is a useful tool to understand the process of approval of the SECP for issue, circulation and publication of prospectus and listing of a company on a stock exchange.

It describes benefits of listing and the minimal requirements for seeking approval for listing of a company. It refers to various provisions of the applicable laws, rules and regulations and contains a checklist of the contents/disclosures of an equity prospectus, the format of applications to obtain the SECP’s approval and a stock exchange for issue of prospectus. It is available on the SECP website www.secp.gov.pk

For more information, contact:
Shakil Ahmad Chaudhary
Head, Internal and External Communication
Securities and Exchange Commission of Pakistan (SECP)
NIC Building, 63 Jinnah Avenue, Islamabad
Tel: +9251 921 4005 or 921 4009 (Ext. 378)
Fax: +9251 920 6459
Cell: +92302 855 2254
E-mail: shakil.chaudhary@secp.gov.pk