
SLM Tyres IPO Oversubscribed 16.7x, Sets New PSX Record
KARACHI: The capital market of Pakistan recently witnessed its biggest-ever IPO deal. Service Long March Tyres Limited’s IPO saw its two-day book-building exercise close with 16.7 times oversubscription and total investor interest amounting to about Rs69.4 billion, which is the equivalent of roughly $250 million. This made the SLM Tyres IPO the biggest-ever deal seen ... Read more
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