As a part of its developmental efforts, the Securities and Exchange Commission of Pakistan (SECP) has published a guidebook titled "Guide for Listing of Companies through Initial Public Offerings (IPOs)". "It is aimed at facilitating the issuers and their lead managers/consultants/advisors, book runners and the underwriters to make their IPOs smoothly and efficiently", a press release issued on Tuesday said.
It is a useful tool to understand the process of approval of the SECP for issue, circulation and publication of prospectus and listing of a company on a stock exchange. It describes benefits of listing and the minimal requirements for seeking approval for listing of a company.-PR