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Quickmart attracts oversubscriptions and foreign investors and begins trading on the stock market after its 18.41 billion shilling initial public offering.
3 articles from 6 November to 12 November 2026 · 🇰🇪 Kenya
Quickmart began trading on the Nairobi Securities Exchange after an IPO that attracted 18.41 billion Kenyan shillings, against a target of 15 billion. The offering received more than 18,000 applications, according to Citizen Digital.
Source: Citizen Digital
Quickmart began trading on the Nairobi Securities Exchange after an IPO that attracted 18.41 billion Kenyan shillings, against a target of 15 billion. The offering received more than 18,000 applications, according to Citizen Digital.
🇰🇪 Kenya · 17:09
Foreign investors now hold 52.9% of Quickmart after the Kenyan retailer’s IPO, up from 50.8% previously. Founders and local investors own 47.1% after final allocations, according to Business Daily Africa.
🇰🇪 Kenya · 15:45
Quickmart’s initial public offering attracted bids worth 18.41 billion Kenyan shillings, against an offer of 15 billion, representing a subscription rate of 122.7%. The offer, launched on 6 October in Nairobi according to Business Daily, attracted strong interest from foreign investors.
🇰🇪 Kenya · 17:00
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