Notices Closed 03 Jul 2026
Select Technologies Limited — Abridged Prospectus & IPO Subscription Details
Select Technologies Limited · Lahore · Nawa-i-Waqt,
Notice advertisement published in Nawa-i-Waqt on Tuesday, 16 June 2026, listed under Lahore. Issued by Select Technologies Limited. The last date printed on the advertisement was Friday, 3 July 2026 and has passed.
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Select Technologies Limited has published an abridged prospectus for its Initial Public Offering (IPO). The issue comprises 88,888,889 ordinary shares (face value PKR 10 each) offered through a book-building process and a public subscription. The offering includes a Floor Price of PKR 28.00 per share for the book-building portion. The offering proceeds will be used to fund plant & machinery, land & building and working capital to expand manufacturing and assembly operations in Sundar Green Special Economic Zone, Lahore.
| Issuer | Select Technologies Limited |
|---|---|
| Issue size | 88,888,889 ordinary shares (face value PKR 10 each) |
| Floor price (book building) | PKR 28.00 per share |
| Offer structure | Book building: 75% (66,666,667 shares); General public portion: 25% (22,222,222 shares) |
| Registration of eligible investors | Starts 2026-06-17 at 09:00 and closes 2026-06-23 at 15:00 |
| Bidding period (book building) | 2026-06-22 to 2026-06-23 |
| Public subscription (retail/general public) | 2026-07-02 to 2026-07-03 (two days; starting and ending at midnight) |
| How to apply | Electronic/online applications accepted through PSX e-IPO (PES) and CDC Centralized E-IPO System (CES); same-day banking/e-banking channels referenced in prospectus |
| Principal use of proceeds | Construction and equipment for a new manufacturing facility (AC & TV assembly lines), expansion of smartphone assembly, land & building and working capital for operations at Sundar Green Special Economic Zone, Lahore |
| Company contact & registered address | 152-I M- Quaid-e-Azam Industrial Area, Kot Lakhpat, Lahore, Punjab, Pakistan. Phone: 042-35151345. Website: selecttechnologies.com.pk |
| Joint consultants to the issue | Arif Habib Limited; Intermarket |
Prospectus availability and public comment: The abridged prospectus and bidding form were published and made available via the Pakistan Stock Exchange (PSX) and other channels as described in the prospectus. Applicants and eligible investors should follow the registration, bidding and subscription timelines above and consult the full prospectus or the joint consultants for complete terms, eligibility rules and application procedures.
| Use | Amount (PKR) | % of proceeds |
|---|---|---|
| Plant & Machinery – AC Assembly line | 624,174,707 | 25% |
| Plant & Machinery – Smartphones | 433,351,038 | 17% |
| Plant & Machinery – TV Assembly line | 373,116,320 | 15% |
| Land & Building / Working Capital | 1,058,246,827 | 43% |
| Total | 2,488,888,892 | 100% |
Important: Do not rely solely on this summary for investment decisions. Read the full prospectus, check PSX/CDC e-IPO platforms for application instructions, and consult financial advisors as needed.
Published in Nawa-i-Waqt on Tuesday, 16 June 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
Questions about this notice
- What is the last date for this notice?
- The advertisement prints Friday, 3 July 2026. That date has passed.
- Which newspaper published this notice?
- Nawa-i-Waqt, in the edition of Tuesday, 16 June 2026.
- Which city is this notice listed under?
- Lahore. That is the city recorded for this advertisement — taken from the notice where it names a place, and otherwise from the newspaper edition it appeared in.
- How do I respond to this notice?
- Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.
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