Quickmart Sets IPO Price at Sh7.50 Per Share, Valuing Chain at Sh30 Billion
Source: Kahawa Tungu
Summary
Quickmart has priced its initial public offering at KES 7.50 per share, valuing the supermarket chain at KES 30 billion. The valuation represents 12.9 times projected FY2026 adjusted earnings. The IPO will offer 2 billion existing shares, equivalent to 50% of the company, raising KES 15 billion if fully subscribed. Quickmart itself will receive no [...] The post Quickmart Sets IPO Price at Sh7.50 Per Share, Valuing Chain at Sh30 Billion appeared first on Kahawatungu.