TPL Trakker Limited
Initial Public Offering
PKR 803 Million
Consultant to the Issue
2020
Description of Transaction:
- AHL acted as the Lead manager & book runner for TPL Trakker Limited and successfully completed the IPO by raising PKR 803 Million for the Company.
- Application for the total of 66,820,000 shares were recieved against the issue size of 58,300,000 ordinary shares
- The public subscription was over subscribed by 1.15 times
- Strike Price was PKR 12/share
About the Issuer:
- TPL Trakker Limited launched its operations in the year 2000.
- TPL Trakker is the pioneer of Asset Tracking Industry in Pakistan. The company laid the block of innovation 22 years back and have been providing top-notch solutions ever since.
- TPL Trakker Limited launched its operations in the year 2000.
- TPL Trakker's core competence is to provide robust and secure IoT solutions for a vast range of industries. With the help of intelligent insights.