12/05/2026
🏭 *SLM TYRES LIMITED — IPO ALERT* 🚀
📋 *Registration:* May 13–15, 2026
📊 *Book Building:* May 18–19, 2026
━━━━━━━━━━━━━━━
💰 *IPO AT A GLANCE*
━━━━━━━━━━━━━━━
▪️ Issue Size: 389.7M shares (5% of post-IPO capital)
▪️ Floor Price: *PKR 14.25/share*
▪️ Cap Price: *PKR 19.95/share*
▪️ Transaction Size: PKR 5,554M – 7,775M
▪️ Valuation: *8.3x P/E* (~40% discount to KSE-100 sector avg of 11.6x)
━━━━━━━━━━━━━━━
✅ *WHY INVEST?*
━━━━━━━━━━━━━━━
🔹 *59% market share* in Truck & Bus radial tyres
🔹 *33.58% earnings CAGR* projected (FY25A–FY28F)
🔹 *Tax-free till 2032* under SEZ framework
🔹 Chinese JV with leading TBR exporter (tech + IP transfer)
🔹 *~39% export revenue* — hard currency earnings
🔹 *Shariah Compliant* (certified by Al-Hilal Shariah Advisors)
🔹 5 acres SEZ land available for future expansion
📥 *Downloads (IM, Instructions, Registration Form):*
https://www.arifhabibltd.com/downloads