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Kasapreko Plc’s IPO attracted billions in investor bids, exceeding its target by 146% and making the offer 246% oversubscribedThe Ghanaian beverage company allocated shares at a uniform rate and will complete refunds for excess subscriptions by June 11, 2026Kasapreko’s shares will begin trading on the Ghana Stock Exchange on June 15, 2026, under the ticker symbol “KASA”
Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
Ghanaian beverage giant Kasapreko Plc, maker of the popular Alomo Bitters brand, has recorded overwhelming investor demand for its Initial Public Offering (IPO), with subscriptions reaching GH¢1.73 billion (about N208.54 billion), far exceeding its GH¢700 million (N84.38 billion) fundraising target.
The company disclosed in a statement on Tuesday that the offer was oversubscribed by 146 per cent, with an overall subscription rate of approximately 246 per cent.
Alomo Bitters Producer Makes History as Kasapreko IPO Attracts N208.54 billion in subscriptionsSource:
