Soya Supreme Cooking Oil Maker Plans IPO This Month

Agro Processors & Atmospheric Gases Ltd, the manufacturer of the Soya Supreme cooking oil brand, is preparing to launch an initial public offering (IPO) in Pakistan later this month to raise funds for business expansion.

 

The Karachi based company aims to raise up to Rs2.6 billion, with a significant portion of the proceeds earmarked for increasing its edible oil refining capacity by around one third to 120,000 tonnes annually. The company also plans to invest in new storage facilities and renewable energy projects, including biomass and solar power, to improve operational efficiency and lower costs.

 

Beyond its core edible oil business, Agro Processors has expanded its consumer product portfolio by introducing mayonnaise, ketchup, and chili sauce as it seeks to strengthen its position in the fast moving consumer goods (FMCG) sector.

 

The company expects both revenue and profitability to nearly double by fiscal year 2029, driven by capacity expansion and product diversification. KTrade Securities has been appointed as the lead manager for the IPO.

 

Pakistan's equity market has witnessed a surge in new listings this year, supported by stronger retail investor participation. With 10 IPOs already completed in 2026, the year has become the busiest on record for public offerings, reflecting renewed confidence in the country's capital markets.