Description of Transaction:
- AHL acted as the Financial Advisor and Lead Arranger for Fatima Fertilizer Limited and successfully completed the IPO by raising PKR xxx Million for the Company.
- The total offer size was PKR 675 million; however, the Company has received a total of PKR 754 million, oversubscribed by 1.1 times.
- Strike Price was PKR 14/share
About the Issuer:
- Fatima Fertilizer Co Ltd manufactures and sells fertilizers and chemicals across Pakistan. Its primary product offering includes urea, calcium ammonium nitrate (CAN), and nitro phosphate(NP).
- The Complex at Sadiqabad, Rahim Yar Khan is housed on 950 acres of land is a fully integrated facility, capable of producing intermediate and final products.
- The company is serving more than 920 Sales Points throughout the country and serving 2262 business associates throughout the nation.