Quickmart IPO oversubscribed by Sh3.4bn on foreign investor support

Author: George NgigiPublished on: November 6, 2026Country: Kenya

Business & Economy

Quickmart IPO oversubscribed by Sh3.4bn on foreign investor support

Quickmart’s initial public offering raised Sh18.4 billion, exceeding its Sh15 billion target by Sh3.4 billion. The offer was subscribed at 122.7 percent. Quickmart had aimed to sell two billion shares at Sh7.50 each.

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