# Pakistan Aluminium Beverage Cans launches Rs3.3bn IPO on Pakistan Stock Exchange

Pakistan Aluminium Beverage Cans Limited plans an IPO offering 26 percent of its shares to raise at least Rs3.3 billion, with book building on June 22-23 and public subscription on June 29-30, 2021. The company is also raising capacity to 950 million cans per year by July 2022.

- Type: Investment
- Announced: 2021-06-18
- Where: Faisalabad, Pakistan
- Value: $21.3M (3.30B PKR)
- Status: announced
- Capacity: 950 million cans per annum by July 2022
- Products: aluminum beverage cans
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Pakistan Aluminium Beverage Cans Limited](https://endata.com/companies/8103.md)

## Sources

- [brecorder.com](https://www.brecorder.com/news/40101343), 2021-06-18: "Pakistan Aluminium Beverage Cans Limited (PABC) is planning to raise at least Rs3.3 billion by offering a 26 percent stake to institutional and ordinary investors in an initial public offer (IPO)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.