Sitara Petroleum Service Limited (SPSL) has announced its Initial Public Offering (IPO). It is seeking to raise Rs4.8 billion to finance expansion in its fuel retail network, logistics operations and storage infrastructure. The company is offering a total of 279.9 million ordinary shares, representing 16.66% of its post-IPO paid-up capital. Of these, it will offer … Continue reading Sitara Petroleum Launches IPO to Raise Rs 4.8 Billion