Pakistan Egg Giant Wahdat Poultry Seeks Rs637 Million in Planned IPO
Pakistan Egg Giant Wahdat Poultry Seeks Rs637 Million in Planned IPO
Wahdat Poultry Farm Limited, known for its “Farm Fresh Eggs” brand, is set to become a publicly listed entity on the Pakistan Stock Exchange. The IPO seeks to raise Rs637 million, combining fresh issuance and sponsor share sales.
The offer comprises 53.1 million shares at a floor price of Rs12 (Rs10 premium), representing 15.84% post-IPO stake. Fresh capital of Rs600 million will directly support company growth.
Strategic Focus on Modernization
Proceeds allocation includes Rs270 million for a liquid egg pasteurisation facility, enabling entry into processed egg markets. Rs180 million will add capacity for about 100,000 more birds across existing automated farms. Rs150 million addresses working capital and farm licensing initiatives.
Management emphasized shifting toward a food-tech model to capture higher-value segments and ensure long-term sustainability.
Strong Operational Base
With four farms and 430,000-bird capacity, Wahdat produces up to 400,000 eggs daily. Distribution covers 1,500+ outlets in key urban centers and includes B2B supply to global chains plus exports.
Revenue doubled-plus from Rs1.23 billion (FY21) to Rs2.79 billion (FY25), with FY25 profit after tax at Rs241.9 million.
Market and Listing Details
Book-building allocates 70% to institutions/HNIs and 30% to retail (underwritten). Topline Securities leads the process following prospectus filing on March 13, 2026.
The IPO reflects confidence in Pakistan’s poultry sector amid growing demand for quality, branded eggs and processed foods.
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