PSX holds IPO Summit 2024 – Empowering the Future of Capital Markets

January 20, 2024

PSX holds IPO Summit 2024 – Empowering the Future of Capital Markets

Pakistan Stock Exchange hosted a flagship event – the IPO Summit 2024 with the theme of ‘Empowering the Future of Capital Markets’. This summit aimed to highlight and emphasise upon the importance of IPO as a crucial instrument for companies to raise capital, fuel growth and contribute to the overall growth of Pakistan’s economy. The conference aimed to empower the future of the capital markets by discussing, networking, advising and clearing the pathway to encourage companies to raise equity and debt through the PSX platform. The purpose being to increase understanding of the IPO process and facilitate greater number of IPOs with enhanced convenience.

The mega event was hosted by PSX under the aegis of the SECP in collaboration with the capital market SROs, CDC and NCCPL. The Federal Minister for Finance, Revenue and Economic Affairs, Dr. Shamshad Akhtar, had consented to be the Chief Guest at the occasion (through the online platform). Key stakeholders and market participants including CTIs, securities brokers, investment bankers, venture capitalists, legal advisors, regulatory experts and top management of companies considering going public to raise capital and list on PSX, participated in this auspicious event. The key participants who spoke at the event included Dr. Shamshad Akhtar, Finance Minister, Govt. of Pakistan; Mr. Akif Saeed, Chairman SECP; Mr. Farrukh H. Khan, MD & CEO PSX; Mr. Mian Muhammad Mansha, Chairman MCB Bank Limited; Mr. Martin Graham, Chairman, Clear Mountain, and others. The summit included speeches, discussions, presentations and briefings from the key representatives of the Government, SECP, capital market and other stakeholders to work out ways to benefit the issuers, investors, capital market and other stakeholders in terms of getting an insight in the regulatory aspects, technological solutions as well as evolving investor preferences for an enhanced IPO experience and facilitation. The event partners included major capital market participants such as Arif Habib Limited, AKD Securities Limited, JS Global Capital Limited, Topline Securities Limited, K-Trade Securities Limited, and Adam Securities Limited.