Kasapreko PLC has announced plans to raise up to $54 million through an initial public offering (IPO) on the Ghana Stock Exchange, marking a major step in the company’s growth and expansion strategy.
In a press release, the company disclosed that it is offering up to 583.3 million ordinary shares at a price of GH¢1.20 per share, with the offer open to both retail and institutional investors. The minimum subscription has been set at 2,000 shares, with additional purchases allowed in multiples of 1,000 shares.
The IPO officially opened on May 4, 2026, at 9:00 am and is expected to close on June 1, 2026, at 4:00 pm. Allotment of shares is scheduled for June 4, followed by settlement on June 5. The company is expected to list on the Ghana Stock Exchange on June 17, 2026.
Proceeds from the IPO will be channelled into expanding Kasapreko’s production capacity, including the establishment of new water and carbonated soft drink (CSD) facilities, as well as the development of a new factory at Adeiso.
The move is aimed at strengthening the company’s manufacturing base and positioning it to meet rising demand in both local and export markets.
Investors using custody services are required to submit applications through Databank Broking Ltd or via the designated IPO email channel. Other interested investors can apply through authorised application agents before the closing date.
Potential applicants may also seek guidance from Merban Stockbrokers, although all applications must be submitted through approved agents or the sponsoring broker.
By opening the offer to both individual and institutional investors, Kasapreko aims to broaden ownership and deepen participation in Ghana’s capital markets, while securing the funding needed to scale its operations.
The IPO represents one of the notable listings on the Ghana Stock Exchange in recent years, as the company looks to accelerate growth and enhance its competitive position in the beverage industry.
