Kasapreko PLC has successfully raised GH¢700 million through its Initial Public Offer (IPO), attracting overwhelming investor interest ahead of its listing on the Ghana Stock Exchange (GSE).
The leading beverage manufacturer issued 583.3 million new ordinary shares at GH¢1.20 per share as part of the offer.
The IPO was managed by Absa Bank Ghana, Consolidated Bank Ghana and Databank Brokerage, which served as Joint Lead Managers.
According to a notice from the Ghana Stock Exchange, the offer attracted 18,781 qualified applicants who applied for approximately 1.44 billion shares.
Total subscriptions amounted to about GH¢1.73 billion, making the offer oversubscribed by 146%.
The strong response highlights investor confidence in Kasapreko’s business model, growth prospects and future as a publicly listed company.
Kasapreko’s Board of Directors approved a uniform allocation rate of 40.56% for all investor categories.
The company applied the same allocation ratio to every successful applicant.
All 18,781 investors received their allotted shares through their Central Securities Depository (CSD) accounts on Friday, June 5, 2026.
Because the offer was heavily oversubscribed, Kasapreko will refund approximately GH¢740 million to applicants.
Each refund represents the difference between the amount subscribed and the value of shares allotted to investors.
The company said all refunds would be completed by Thursday, June 11, 2026.
Kasapreko PLC shares will officially list and begin trading on the Equities Market of the Ghana Stock Exchange on Monday, June 15, 2026, at 10:00 a.m.
The company’s trading symbol will be KASA, while its International Securities Identification Number (ISIN) is GHEKCPI00011.
Investors will be able to buy and sell Kasapreko shares through licensed stockbrokers once trading begins.
Board Chairman Samuel Leslie Adetola described the IPO’s success as a major milestone for both Kasapreko and Ghana’s capital market.
“The exceptional investor response to Kasapreko’s Initial Public Offer is a testament to the depth of confidence that both local and international investors have placed in this Company and its long-term prospects,” he said.
Adetola noted that attracting nearly GH¢1.73 billion in subscriptions from more than 18,000 investors represented a historic achievement.
He also pledged that the Board would maintain high standards of corporate governance, transparency and accountability as the company enters its next phase of growth.
Managing Director Richard Adjei described the successful IPO as a defining moment in Kasapreko’s history.
He said the company has grown into a GH¢3.5 billion revenue business through innovation, disciplined execution and a focus on consumer needs.
According to him, the funds raised will support Kasapreko’s expansion plans, including increasing production capacity and growing its international operations.
“The capital raised through this Offer will accelerate our growth agenda and enable us to deliver sustainable long-term value to our shareholders,” Adjei said.
He thanked the 18,781 investors who participated in the offer and pledged to justify the confidence they have placed in the company.
With its successful IPO and upcoming stock market debut, Kasapreko is set to become one of the newest and most closely watched companies on the Ghana Stock Exchange.
