SE Fruits & Vegetable IPO fully subscribed within 2 hours

Mettis Global reported that the offer for SE Fruits & Vegetable Limited's share sale filled its book building tranche in roughly two hours. Topline Securities Limited flagged this through a post on X. Bidding stays open until 5:00 PM on September 22, 2026, even though the portion is already fully covered.

Operating since 1998, this Sargodha business ships kinnow, mangoes and potatoes to buyers in the Middle East, Far East, South Asia and Central Asia. Described as Shariah-compliant, the offer would make this fresh produce exporter the first of its kind to list on the PSX. Pricing runs from a Rs40 floor to a Rs64 cap per share, and 22.5 million shares are on offer through book building.

Public subscription is due on September 28 and 29, 2026. Topline Securities Limited and Growth Securities (Private) Limited are serving as joint consultants to the issue.