Companies seeking long term growth capital and the investor community come together for a day of strategic deliberation, awareness generation and networking. This year’s IPO Summit was brought to you under the patronage of the Securities and Exchange Commission of Pakistan (SECP) with lead partner the Treet Corporation. Along with SAFE, this IPO Summit is jointly hosted by Pakistan Stock Exchange, Central Depository Company of Pakistan Limited, AKD Securities Ltd., Topline Securities and JS Global Ltd.

The primary objective of the IPO Summit is to create awareness regarding benefits of listing on the stock exchange and how access to public capital can help companies with clear vision for future growth capture the opportunities they have identified but are not able to fully realize due to paucity of long term funding. At the same time, through panel discussions and presentations by specialists from the financial market, delegates will receive indepth knowledge about the listing process from pre-requisites before initiating the listing application; to the role of various financial intermediaries; key elements to consider when making the decision to list; role and responsibility of sponsors; how sponsor wealth can be significantly unlocked and enhanced via listing, etc.

Aspects of valuation, pricing the shares being offered to general public and how to conduct successful investor road shows for the IPO will also be highlighted so that Summit delegates and participants obtain a comprehensive understanding of key issues and questions related to listing. This summit will help you make a considered judgment regarding utilizing the capital market to help you grow your business and obtain further competitive edge.

As an added dimension, this year’s IPO-Summit also presented case studies and success stories of companies that have listed in recent years to provide a real – life flavour to the proceedings.



IPO MARKET CONTRIBUTION AWARDS

IPO Market Contribution Awards were introduced at the Pakistan IPO Summit, 2014 edition and added a popular new facet to the event’s prestigious line-up. This year, South Asian Federation of Exchanges (SAFE), in collaboration with the Pakistan Stock Exchange (PSX) is pleased to announce ‘IPO Market Contribution Awards 2016’. Acknowledging the inroads made by financial services industry towards expanding the market base, the awards highlight contributions made towards securing and developing a healthy culture of IPOs; whereby companies are encouraged and supported to list on the nation’s capital markets. The awards, a first of their kind, are expected to become a hallmark in the SAFE IPO Summit tradition. The Award categories being presented this year range from top Lead Manager, Financial Advisor, Book Runner, Innovative Market Instruments, Islamic Instrument IPOs, Maximum Mutual Fund IPOs, Debt Market Development, IPO business development and individual contribution for IPO market for the year 2015.


Top IPO Financial Advisor Award – 2015

Top IPO Financial Adviser award for the year 2015 goes to Arif Habib Limited. During the year ended 2015, Arif Habib limited (“AHL”) successfully concluded three transaction in the capacity of financial advisor raising over PKR 109 billion. These transactions include: 1) sale of government of Pakistan 41.5% shareholding in Habib Bank Limited, 2) initial public offer of Synthetic Product Enterprise Limited and 3) sale of units in Dolmen City REIT, the first public listed REIT issuance in South Asia. Habib Bank Limited secondary public offering of PKR 102 billion was then the largest equity capital market transaction in Asian frontier markets.


Top SPO Financial Advisor Award – 2015

This award for the year 2015 goes to Topline Securities During the last 24 months, Topline has acted as the Lead Financial Advisor on several transactions to both local and international advisors. Our client-list includes the likes of NASDAQ, Morgan Stanley, Kingsway Capital, Tundra Fonder AB, Privatisation Commission of Pakistan, Shifa International Hospitals, Pak Elektron Limited amongst others. In our role as the Financial Advisor, Topline was also able to attract international players like Nomura, UBS, CIMB – Malaysia, Dubai Islamic Bank, Fitchner and others into local transactions thus enhancing the optics not only for the transaction and client but also for Pakistan.


Top IPO Lead Manager Award – 2015 AKD Securities

AKDS has been the pioneer in the equity space and has maintained an ace share in the capital market transactions. Despite adverse market conditions, AKDS successfully completed several corporate transactions which managed to get accolades by leading associations/bodies. These transactions include divestment of GoP residual shareholding in ABL which generated a demand of 185 million shares against an offering size of 131mn shares. AKDS is also accredited of acting as Lead Manager for IPOs of Mughal Steel, Al Shaheer Corp Ltd., Amreli Steel and K-Electric in private offering.


Top IPO/SPO Book Runner Award – 2015

This award goes to Elixir Securities. Elixir Securities Pakistan (Private) Limited is one of the leading Capital Markets and Corporate Finance Houses in Pakistan.

During 2015, it conducted numerous transactions, most notable among them are the two capital markets transactions of the USD 1.02bn Privatisation of Habib Bank Limited and USD 90mn Secondary Offering of Engro Fertilizers Limited.


Islamic Instrument IPO/Placement Award – 2015

The award is being presented to Habib Bank Limited. In 2015, HBL acted as the Exclusive Financial Advisor, Underwriter and Joint Shariah Structuring Advisor for the Largest Listed, Rated, Retail Sukuk in 2015 (PKR 22 Bn / US$ 215 Mn). The transaction was not only a landmark in terms of being the largest, but also in terms of development of debt capital markets in Pakistan.


Innovative IPO/SPO Instrument Award – 2015

This award also goes to Habib Bank Limited. The K Electric Sukuk issue is being nominated for its uniqueness, utility and transformation because being the first instance where a listed instrument of this size was brought in to meet the funding requirement of the Company to prepay its existing conventional loan. Also, this issue is the largest ever debt issue in the history of Pakistan.


Joint Top Debt Market Development Award – 2015

This Joint award goes to JS Bank and JS Global Capital.

JS Bank’s Investment Banking Group (IBG) has been the pioneer of numerous landmark transactions brought to the domestic capital markets. With a precedence of both volume and innovation in transactions, for some of the largest corporations in the country, JS Bank’s IBG continues to offer market-leading investment banking and ancillary services as an integral part of the Bank.

JS Global has played an important role in the development of the debt capital market by being the market maker to 18+ TFCs amounting to over PKR 39 bn. Served as Market Maker in more debt instruments than any other institution with a share of 15% of all TFCs issued during the past 20 years. Largest fixed income sales team in Pakistan serving over 80 institutions.


IPO/SPO Business Development Award for Institutional Contribution – 2015

This business development award foes to JS Global Capital.

JS Global Capital Limited (“JS Global”) is the largest Broking and Investment Banking firm in Pakistan with a continued leadership position in the domestic capital markets. JS Global executed a diverse range of transaction including 13 IPOs to date and has over 25% and over 30% market share in Interbank Money Market and Foreign Exchange trading.


IPO/SPO Business Development Award for Individual Contribution

Mr. Farid Alam, CEO AKD Securities for his invaluable contributions to the development of IPO market in Pakistan.

Summit Brochure





















Award Nomination Form