Business · 2h ago
Select Technologies IPO Oversubscribed 1.73x in Pakistan
Select Technologies' IPO was oversubscribed 1.73 times, with investors applying for 38.43 million shares. The strong demand reflects investor confidence in the Pakistani tech sector. The company raised capital for expansion amid growing local tech interest.
Meridian48 take
The oversubscription signals local appetite for tech listings, but long-term performance depends on execution beyond the IPO hype.
ipopakistan-tech