Packaging material maker eyes new plant after NSE listing

Shri Krishana Overseas PLC has made history as the first packaging company to list on the Nairobi Securities Exchange (NSE). The landmark listing under the SME Market Segment marks a significant milestone for Kenya’s packaging industry.

The company, which specializes in manufacturing high-quality packaging materials for various industries including horticulture, floriculture, and FMCG, successfully completed its listing with strong investor interest.

Capital Markets Access

The NSE listing provides SKL with access to capital markets, enabling the company to fund its expansion plans including a new state-of-the-art manufacturing facility in Kisaju, Kajiado County.

Industry Impact

Industry analysts view this listing as a positive signal for Kenya’s manufacturing sector, demonstrating the potential for local companies to access public markets for growth financing.

The company’s shares are now trading on the NSE’s SME Market Segment, making it accessible to both retail and institutional investors looking to participate in Kenya’s growing packaging industry.