Aiden Kiprop 
Dr. Sonvir Singh, Shri Krishna Overseas Ltd(SKL) Managing Director and Co-founder,
- SKL Packaging Firm to List on NSE July 24;
Shri Krishna Overseas Ltd (SKL) is set to become the first packaging company to list on the Nairobi Securities Exchange (NSE) since 2020, with its debut scheduled for July 24, 2025.
SKL will list 50.5 million ordinary shares on the NSE’s Small and Medium Enterprises (SME) Market Segment at an issue price of sh 5.90 per share.
Of these, 8.7 million shares will be available for public trading.
Dr. Sonvir Singh, SKL’s Managing Director and Co-founder, stated that the listing is a strategic move to access new capital and draw investors to Kenya’s expanding packaging industry.
“NSE SME Market Segment listing will enable SKL to access capital and expedite our future growth plans and provide opportunities to investors who want to benefit from Kenya’s packaging sector,” Singh said.
Kenya’s packaging sector was valued at approximately $585 million at the end of 2021, demonstrating steady performance.
Mr. Frank Mwiti, NSE Chief Executive Officer, welcomed the upcoming listing, noting it is a proof of the company’s solid fundamentals and future growth potential.
“The extra liquidity will leave space for maneuverability for shareholders and open doors to investors seeking growth-oriented businesses,” he said.
SKL believes its listing aligns with the NSE 2025–2029 Strategic Plan, which aims to enhance SME access to long-term capital via public markets.
The transaction advisers for the listing include Synesis Capital (lead transaction adviser), MWC Legal (legal advisers), Afrek and Associates (reporting accountants), and Prakash Associates (auditors).
In addition, Image Registrars Ltd (IRL) will serve as the company secretary and registrar, with 8 Ball Media as the public relations partner.
Established in 2009, SKL distributes a range of packaging materials, including tapes, strapping machines, mono-boxes, and shrink rolls, to sectors such as manufacturing, floriculture,and agriculture.
