Kasapreko IPO oversubscribed by 146%, lists on GSE June 15
Beverage manufacturer Kasapreko PLC successfully raised GHS 700 million through its Initial Public Offer, attracting GHS 1.73 billion in subscriptions.
Kwesi Boateng | StatsGH |
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This strong demand came from 18,781 qualified applicants, with bids reaching approximately GHS 1.44 billion shares. Kasapreko will refund about GHS 740 million to applicants due to the significant oversubscription. These refunds will be completed by June 11, 2026.
The IPO's success highlights growing investor confidence in Ghana's robust capital market. It also reflects the potential for well-established local businesses like Kasapreko to attract significant public investment. The oversubscription suggests a healthy appetite for equity investments in the Ghanaian economy.
Samuel Leslie Adetola, Board Chairman of Kasapreko PLC, commented on the outcome. He stated the exceptional investor response proves the deep confidence in the company and its long-term prospects. He noted attracting nearly GHS 1.73 billion from over 18,000 applicants is an historic outcome for Kasapreko and Ghana's capital markets.
Richard Adjei, Managing Director of Kasapreko PLC, outlined the company’s future. He said the capital raised will accelerate their growth agenda. This includes expanding production capacity and scaling international business operations. The company aims to deliver sustainable, long-term value to its new shareholders.
All 18,781 applicants received their allotted shares on June 5, 2026. The shares were credited to their Central Securities Depository (CSD) accounts. Kasapreko PLC’s ordinary shares will list and begin trading on the Ghana Stock Exchange (GSE) on Monday, June 15, 2026, at 10:00 a.m. The company's trading symbol on the GSE will be KASA, with ISIN GHEKCPI00011. Shareholders and prospective investors can trade Kasapreko shares through any licensed stockbroker.