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Top Line sets final IPO price

The Philippine Star

|

March 19, 2025

Top Line Business Development Corp. has finalized the offer price for its maiden share sale, which will be the first initial public offering (IPO) in the country this year.

- By RICHMOND MERCURIO

Top Line has set the final offer price of its IPO at P0.31 per share, lower than the indicative offer price of P0.38 apiece.

With the price, the company could raise as much as P732.6 million from the planned offering of up to 2.15 billion primary common shares, with an over allotment option of up to 214.84 million shares.

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