Shreedhar Motors IPO oversubscribed

2026-02-21 - 01:24

The South Pacific Stock Exchange has announced the successful closure and oversubscription of Shreedhar Motors Limited’s Initial Public Offering, highlighting strong investor confidence in Fiji’s corporate sector. The IPO, which closed last Friday, offered 9 million shares to the public at $1.00 per share. SPX says demand exceeded supply, reflecting strong appetite for the company’s