Quickmart IPO Attracts Sh7.12 Billion Investor Commitments

Quickmart adds three cornerstone investors to Sh15bn IPO ahead of NSE debut

Quickmart PLC has secured three new cornerstone investors, allocating 48% of its Sh15 billion IPO to them as it prepares for a Nairobi Securities Exchange listing on 12 Nov 2026.

Quickmart IPO Attracts Sh7.12 Billion Investor Commitments

Quickmart PLC has attracted investor commitments of up to Sh7.12 billion from four institutional investors for its initial public offering (IPO), representing 47.5 per cent of the Sh15 billion offer. The commitments comprise applications worth Sh5.18 billion from MOBILIST, RWC Asset Management LLP and 337 Frontier Capital, alongside a conditional commitment of up to Sh1.94 billion from the International Finance Corporation (IFC), subject to appr…

Quickmart Adds 3 New Investors, Revises IPO Share Allocations

The Kenya Times ~ Trending, Breaking News and Videos Quickmart Adds 3 New Investors, Revises IPO Share Allocations Quickmart has secured about Ksh5.2 billion in fresh investor commitments after admitting three new cornerstone investors to its initial public offering (IPO), increasing the allocation reserved for anchor investors to nearly half of the shares on offer. The retailer announced that the United Kingdom’s Mobilising Institutional Capita…

Quickmart cuts Kenyans shares in IPO, global funds splash Sh7.1bn

Quickmart owners are selling half of the retailer through the IPO, which opened on October 5 and closes in October, with the supermarket chain’s owners sharing the Sh15 billion.