Wahdat Poultry Farms Limited is planning to list on the exchange, aiming to raise PKR 600 million to fund pasteurization capacity, working capital, and expansion through a rental-based model. The company intends to issue 50 million shares at PKR 12/share.

Based on the food sector’s weighted average, valuations typically trade at a PER of 20-23x. However, the closest listed peer, Barkat Frisan Limited (BFAGRO), is currently trading at a trailing PER of ~9x. In comparison, Wahdat’s IPO price implies a PER of ~12x, positioning it at a premium to peers but still below broader sector multiples.