Soya Supreme Maker APAG Lists on Pakistan Stock Exchange

Agro Processors & Atmospheric Gases Limited (APAG), the company behind Soya Supreme, has officially joined the Pakistan Stock Exchange (PSX).

The company marked its listing with a Gong Ceremony at the PSX headquarters in Karachi. This milestone opens a new chapter for the 45-year-old consumer products business.

APAG IPO Attracts Strong Investor Interest

APAG offered 58.049 million ordinary shares, representing 15% of its post-IPO paid-up capital.

Of the total offering, 43.537 million shares went through the Book Building process. The floor price stood at PKR 32, while the ceiling price was PKR 44.80.

The strike price settled at PKR 33 per share.

Strong demand followed during the Book Building process. As a result, that portion was oversubscribed 1.84 times.

Meanwhile, the General Public portion was oversubscribed 1.83 times. Investors submitted applications worth PKR 878 million against an offered amount of PKR 479 million.

PSX Welcomes Soya Supreme Maker

Speaking at the ceremony, Ahmed Chinoy, H.I.S.I., Shareholder Director of PSX, welcomed APAG to the listed community.

According to Chinoy, the ceremony marked the 12th PSX listing of the calendar year and the fourth listing of the fiscal year.

APAG’s listing carries added significance because Soya Supreme has remained a well-known household brand in Pakistan for generations.

Furthermore, Chinoy said the successful IPO reflected investor confidence in Pakistan’s consumer sector.

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Strong participation came from both institutional and retail investors. Chinoy said the demand highlighted the resilience of the country’s capital market and investor interest in companies with established brands and strong fundamentals.

Investor Base Continues to Expand

Chinoy also highlighted the growth of Pakistan’s capital market investor base.

He said investor accounts have now exceeded 630,000, with Millennials and Gen Z contributing to the expansion.

The PSX director congratulated APAG on joining the listed community. He also expressed confidence in the company’s future growth.

APAG CEO Calls Listing a New Beginning

Ahmad Aziz Ghulamhussain, CEO of APAG, described the listing as a major milestone for the company.

He credited APAG’s employees, consumers and stakeholders for helping build the business over the past 45 years.

“This is a very proud moment for everyone at APAG, a company that has been shaped by the dedication of our people, the trust of our consumers and the support of our stakeholders,” he said.

Ghulamhussain said Soya Supreme remains a major name in Pakistani households. Looking ahead, he added that APAG plans to build on the strength of its existing brands.

Company Eyes New Categories and Markets

APAG plans to strengthen its existing brands and enter new categories.

At the same time, management aims to expand into international markets and create greater value for stakeholders.

Ghulamhussain described the PSX listing as the start of a new phase rather than the end of the company’s journey.

His vision includes expanding the company’s portfolio and taking its brands to new markets. Ultimately, APAG wants to build brands trusted by consumers around the world.

KTrade Calls APAG a Welcome Addition

Omar Salah Ahmed, Managing Director of KTrade Securities Limited, welcomed APAG to the PSX Food sector.

He highlighted the company’s 45-year history and the position Soya Supreme has established in Pakistani households.

KTrade Securities served as a key partner in bringing APAG to the stock exchange. Ahmed said the company’s corporate culture, financial performance and commitment to professionalisation could support its future growth.

He also expressed confidence in APAG’s potential as a strong IPO performer in 2026.

APAG Begins New Public Market Chapter

APAG thanked its employees, consumers, investors and business partners for supporting its growth.

The company also acknowledged the Pakistan Stock Exchange, Securities and Exchange Commission of Pakistan, KTrade Securities, HBL and other advisers and transaction partners involved in the IPO and listing process.

Finally, the ceremonial ringing of the PSX Gong marked APAG’s transition into a publicly listed company.

For the homegrown consumer business, the listing provides a new platform for growth, innovation and expansion. It also brings one of Pakistan’s recognised household brands into the country’s listed corporate sector.