Avanceon Limited Mandates BMA Capital for Octopus Digital Industry 4.0 IPO
Avanceon Limited has selected BMA Capital as its sole financial consultant/advisor for the planned Initial Public Offering of its wholly-owned subsidiary Octopus Digital (Pvt) Limited. Octopus Digital (Pvt) Limited is a unique enterprise that will fill the technology chasm facing the industrial sector in Pakistan today. The company is already assisting many of its customers to digitalize their processes which will boost exports, increase productivity, and help them become more energy-efficient.
Octopus Digital (Pvt) Limited will have the distinction of being one of the first Industry 4.0 Companies to be listed on the Pakistan market. As an Industry 4.0 Company specializing in helping businesses digitalize their manufacturing, supply chain, and financial workflows backed by strategic and operational maintenance support services, Octopus Digital also provides decision support, actionable insights, and business intelligence available 24x7x365 both as managed and unmanaged service on a multi-year monthly subscription basis to its customers.
BMA Capital is one of the leading financial institutions in Pakistan offering a diverse range of services. With a network of 17 branches spread all over the country, BMA Capital is amongst the few brokers to provide coverage across Pakistan enabling it to tap a large investor base. BMA Capital’s services include equity brokerage, asset management, investment banking, research, fixed income, and foreign exchange desks, commodities, investment advisory, and financial services distribution.
With the current government’s emphasis on boosting the industrial potential in Pakistan, the Octopus Digital (Pvt) Limited IPO will be the perfect option for intelligent investors looking to diversify and improve their portfolios.
At the signing ceremony, the CEOs of Avanceon Limited and BMA Capital stated,
Octopus Digital brings an exciting value proposition to the market Avanceon already dominates. Our solutions, using Big Data, Artificial Intelligence, and Machine Learning are designed for collaborative real-time analysis to improve process efficiencies and help our customers transition into the Industry 4.0 era. A high engagement service model with no upfront cost for the customer is tailor-made for customer success. Octopus’s biggest asset is its brilliant team, which is not only exceptionally talented but also passionate about the company’s cause. With an unwavering legacy of creating shareholder value, we are once again ready to step up and deliver – Bakhtiar H. Wain (Founder & CEO Avanceon Limited)
BMA Capital with its world-class advisory services, renowned research, and unparalleled distribution network possesses the mettle to successfully execute the IPO of Octopus Digital – Moazzam Malik (Chairman and CEO BMA Capital)