Accra, Ghana —Kasapreko PLC, Ghana’s leading homegrown beverage manufacturer, today listed on the main market of the Ghana Stock Exchange (GSE) after successful completion of its Initial Public Offer (IPO).
The indigenous Ghanaian company raised GHS700 million through the issuance of 583,333,333 new ordinary shares at GHS 1.20 per share.
The Offer was conducted by Absa Bank Ghana LTD, Consolidated Bank Ghana LTD, and Databank Brokerage LTD acting as the Joint Lead Managers.
The IPO attracted bids from 18,781 qualified applicants totalling approximately 1.44 billion shares — representing subscriptions of GHS 1.73 billion — making the Offer oversubscribed by 146%.
This is the largest oversubscription ever recorded by a locally owned manufacturer in the history of the Ghana Stock Exchange.
The Board of Kasapreko, which bears sole responsibility for the allotment of shares under the Prospectus, approved a uniform allocation rate of 40.56% applied consistently across all investor categories.
All 18,781 applicants who subscribed to the Offer had their allotted shares credited to their Central Securities Depository (CSD) accounts on the Settlement Date, Friday, 5th June 2026.
Speaking at the listing ceremony in Accra, Board Chairman of Kasapreko PLC, Samuel Leslie Adetola, said: “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.
To have attracted nearly GHS 1.73 billion in subscriptions — more than twice the amount we sought to raise — from over 18,000 applicants across all investor categories is a truly historic outcome for Kasapreko and for Ghana’s capital markets.
