Wahdat Poultry Farms is preparing to enter the capital market with plans to raise approximately Rs. 637 million through an initial public offering. The company intends to offer shares at a floor price of Rs. 12 per share, marking an important step in its strategy to expand operations and strengthen its position in the country’s poultry and packaged egg industry.

The public offering is expected to attract interest from both institutional and retail investors, reflecting the growing demand for companies involved in food production and agricultural value chains.

Structure of the Initial Public Offering

The upcoming offering will consist of around 53.1 million ordinary shares. These shares will represent approximately 15.84 percent of the company’s post offering paid up capital.

The offering will be conducted using a book building mechanism, a process commonly used in capital markets to determine the final price of shares based on investor demand. Under this structure, 70 percent of the offered shares will be allocated to institutional investors, while the remaining 30 percent will be reserved for the general public.

This approach is designed to ensure balanced participation between large investors and individual market participants.

Strong Presence in the Branded Egg Market

Wahdat Poultry Farms operates under the brand name “Farm Fresh Eggs,” which has become a recognized name in the country’s packaged and enriched egg segment. The company is considered one of the leading players in the branded egg market, focusing on quality, hygiene, and consistent supply.

Over the years, the company has built a strong reputation for producing high quality eggs that meet the standards required by modern retail chains and institutional buyers.

The growing demand for packaged food products and hygienically processed items has also supported the expansion of branded egg businesses across the country.

Vertically Integrated Business Model

One of the key strengths of Wahdat Poultry Farms is its vertically integrated operational model. The company manages several stages of production and distribution within its own system, allowing it to maintain quality control and operational efficiency.

Its operations include in house feed production, automated poultry farms, egg packaging facilities, and a dedicated distribution network. This integrated structure helps ensure consistent product quality while also improving cost management and supply chain efficiency.

By controlling multiple stages of the production process, the company is able to deliver fresh products to retailers and consumers more efficiently.

Production Capacity and Nationwide Distribution

Founded in 2006 and later incorporated as a company in 2019, Wahdat Poultry Farms has gradually expanded its production capacity to meet growing market demand.

The company currently operates four automated poultry layer houses with an installed capacity of approximately 430,000 birds. These facilities enable the production of nearly 400,000 eggs per day.

Products are distributed through a nationwide network that reaches around 1,500 retail outlets across major cities such as Karachi, Lahore, Islamabad, Rawalpindi, and Faisalabad.

In addition to retail distribution, the company supplies eggs to large retailers and institutional buyers. Some global food chains operating in the country are also among its customers. The company has also expanded its presence in international markets by exporting products to Gulf countries.

Strong Financial Growth

Financial performance has shown steady growth over the past several years. According to the company’s prospectus, revenue increased significantly from approximately Rs. 1.23 billion in the financial year 2021 to nearly Rs. 2.79 billion by the financial year 2025.

Profitability has also improved during the same period. Profit after tax reached around Rs. 241.9 million, reflecting strong operational performance and rising demand for branded egg products.

This consistent financial growth highlights the company’s expanding market share and efficient business operations.

Plans for Expansion and Product Diversification

The funds raised through the initial public offering will mainly be used to support the company’s expansion plans. A significant portion of the capital will be allocated to establishing a liquid egg pasteurization plant.

This facility will enable the company to process eggs into pasteurized liquid products, which are widely used by food manufacturers, restaurants, and institutional buyers.

In addition to developing new processing capabilities, the company also plans to expand its poultry flock capacity to increase production levels. Some of the funds will also be used to support working capital requirements as the company continues to grow its domestic and international business.

Future Outlook

The demand for high quality and packaged food products continues to rise, creating new opportunities for companies operating in the poultry and food processing sector.

With its integrated production model, expanding distribution network, and focus on quality products, Wahdat Poultry Farms aims to strengthen its position in the market and meet increasing demand from consumers, retailers, and international buyers.

The upcoming initial public offering is expected to provide the financial resources needed to accelerate growth, expand production capabilities, and diversify product offerings in the coming years.