SE Fruits and Vegetable Limited opens IPO subscription for general public

Investors can now apply for shares in SE Fruits and Vegetable Limited, as the public offer opened on September 28, 2026 and runs through September 29, Mettis Global reported. The price is fixed at Rs40 per share, so the minimum application of 500 shares requires Rs20,000. Additional shares can be requested in lots of 500.

The offer covers 30 million ordinary shares, equal to 32.01% of the paid-up capital once the issue is complete. The split is 22.5 million shares for book-building and 7.5 million for the general public. At the Rs40 price, the total issue is worth Rs1.2 billion, and the book-building tranche was oversubscribed 1.6 times.

The company is an export-oriented, Shariah-compliant business that ships kinnow, mangoes and potatoes abroad. Applicants must use electronic channels, either the IPO platforms or the digital banking services of participating lenders, depending on what their bank supports. Physical applications at bank branches are no longer accepted under the revised rules.