PSX’s first IPO of 2025, Zarea Limited (ZAL), to begin trading today

KARACHI: The first initial public offering (IPO) for the calendar year 2025 is going to be listed today. Earlier in February, the B2B platform Zarea Limited raised Rs1.03 billion for 62.5 million shares. Today the company goes live for trading with the symbol ZAL on the main board of the Pakistan Stock Exchange (PSX).

Addressing the ceremony being held at the PSX to make the occasion, Senior Sindh Minister Sharjeel Memon said that People’s confidence in investing in Pakistan is increasing. He said that there are good investment opportunities for businessmen in Pakistan. “Pakistan Stock Exchange has grown by 86 per cent in one year. E-commerce trend increased in during Covid-19 time, and now e-commerce has become very important in Pakistan,” he said.

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He said that political stability is visible in the country, and Pakistan is also improving politically. “The law and order situation has also improved,” Memon said.

ZAREA LIMITED IPO

According to a PSX notification, ZAL shares will be settled on a T+2 basis, with the first settlement date set for March 4, 2025, and the transactions will be settled through the Central Depository Company of Pakistan Limited (CDC).

The company is a welcome addition in the Technology and Communication sector, offering PSX a much needed boost in times of rapid digitization.

Zarea Limited has also been classified as Shariah-compliant, as it has met the KMI All Share Index screening criteria. Resultantly, it will be included in the PSX-KMI All Share Islamic Index (KMIALLSHR) from today as well.