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Corporate Finance & Advisory

Corporate Finance & Advisory

  • Topline Corporate Finance (CF) has emerged amongst the most active CF teams in Pakistan.
  • Head of CF has an extensive experience of over 17 years, both locally & internationally. Over the course of his career, he has under taken transactions worth US$6.0 billion. Head of CF has dealt extensively with SECP, Competition Commission, Stock Exchange, and as well as industry regulators.
  • Topline CF team is a trusted advisor and arranger for leading local and international investors seeking investment opportunities in Pakistan.
  • Topline’s Investment Banking Team has done deals worth US$100mn last year and has mandates for a further US$150mn deals.
  • Topline CF has extensive experience of raising working capital (both debt & equity) as well as advisory transactions including privatizations.
  • Topline CF helps clients develop and achieve their strategic objectives, and cater to their financial needs and assist them in achievement of plans.
  • Topline CF team members have worked on a large number of local & international corporate finance & advisory assignments.
  • Topline Securities has teamed up with Morgan Stanley,  UBS, Nomura, Auerbach Grayson, EFG-Hermes, Dubai Islamic Bank (DIB), CIMB Investment Bank Berhad, Price Water House Coopers Pakistan (PWC) and KPMG Pakistan.
  • Extremely cordial relations with major regional private equity players and financial institutions, allow Topline Securities to raise equity capital with relative ease.
  • Vast foreign clientele provides Topline Securities with an unmatched distribution capacity and access to leading international investors for corporate finance clients.
  • Topline CF team holds extensive experience in transaction processes, including preparation of financial models, information memo, valuation, transaction marketing, road-shows, data room management, due diligence, negotiations, agreements & pricing, bidding process, strategy development etc.
  • As an experienced team, Topline Securities has an extensive ‘on-the-pulse’ knowledge of domestic markets and industries.

Select Corporate Finance Transactions

  • In recent times, Topline Securities has teamed up with leading international names like Morgan Stanley, UBS, Nomura, EFG Hermes, PWC, Dubai Islamic Bank, CIMB, KPMG etc to participate in the Government of Pakistan’s Privatization Program.
  • Joint Consultant to the offer for sale and self listing of PSX worth Rs4.5bn
  • Consultant to the issue for right issue of Merit Packaging worth Rs403mn
  • Financial Advisor and Arranger for right issue of Hascol Petroleum worth Rs3.9bn
  • Financial Advisor and Arranger for Commercial Paper of Crescent Steel worth Rs800mn
  • Financial Advisor for the acquisition of a 40% equity stake of Pakistan Stock Exchange by Markhor consortium consisting of NASDAQ, DCE Partners, Kingsway and Bilbros.
  • Financial Advisor for the acquisition of a 33% equity stake of Pakistan Mercantile Exchange by Markhor consortium consisting of NASDAQ, DCE Partners, Kingsway and Bilbros.
  • Advisor for Initial Public Offering of one of the Largest Electronic Media Companies (ongoing).
  • Joint Financial Advisor for Rs4bn rights issue of Pak Electron Limited.
  • Exclusive Advisor & Arranger for the 33% rights issue of Crescent Star Insurance Limited.
  • Exclusive Advisor & Arranger for the 7.9663% rights issue of Shifa International Hospitals Limited (Rs1bn).
  • Exclusive Advisor & Arranger for Pre-IPO Private Placement of TPL Properties – Rs500mn.
  • Exclusive Advisor & Arranger for the 346% rights issue of Drekkar Kingsway Limited.
  • Joint Financial Advisor to Privatization Commission on the GoP’s divestiture from Multan Electric Supply Company Limited.
  • Joint Financial Advisor to Privatization Commission on the GoP’s divestiture from Peshawar Electricity Supply Company.
  • Lead Arranger & Advisor on Rs500mn Commercial Paper issue of Pak Elektron Limited.
  • Advisor to HUM TV on their share split.
  • Furthermore, Topline Securities was the Lead Advisor for arranging land mark block trades including:
      • International Steel
      • Pakistan Stock Exchange
      • Packages Limited
      • HUM Networks Limited
      • Abbott Pharmaceuticals
      • Pakistan Tobacco Company
      • Unilever Pakistan
      • Muree Brewery
      • IGI Insurance
      • Thal Limited
      • Glaxo Pakistan
      • PICIC Growth Fund
  • Aggressively marketed Fatima Fertilizer IPO and was declared the largest broker in Pakistan in the book building process.
  • Appointed as exclusive Purchase Agent in 2010 by Atlas Funds; Pakistan’s leading Asset Manager.
  • Appointed lead manager of Engro Foods to placement of shares to foreign fund managers.
  • Appointed advisor by Saudi Pak Industrial & Agricultural Investment Company for restructuring of its Rs2bn equity portfolio.
  • Carried out International Steels valuation for public offer of Rs1.3bn.
  • Liberty Mills’ share buy-back, advisory and voluntary delisting of Rs6bn market cap company.