Quickmart PLC is listing its shares on the Nairobi Securities Exchange (NSE) on Thursday, November 12, 2026, opening the door for Kenyans who missed its initial public offering (IPO) to buy into the supermarket chain.
In a post shared on its X account on Thursday, November 12, the NSE announced the listing, marking the next stage for investors seeking to own shares in the retailer.
Quickmart’s KSh15 billion IPO closed on October 30, attracting applications worth Ksh18.41 billion against the target, representing an oversubscription of 22.7 per cent.
The supermarket chain announced on November 6 that it had received 18,492 applications for 2.45 billion shares against the two billion shares offered to investors.
Investors who did not participate in the IPO can now seek to purchase Quickmart shares through licensed stockbrokers and investment banks as trading begins on the NSE.
During the IPO, the retailer offered shares at Ksh7.50 each, with a minimum application of 500 shares, equivalent to Ksh3,750.
However, the IPO price does not automatically apply once trading begins. The market price will depend on buying and selling activity and may rise above or fall below the original offer price.
Quickmart has not announced a second IPO or another public subscription window. Investors who missed the initial offer will therefore need to buy shares on the secondary market.
Kenyans interested in investing will need a Central Depository System (CDS) account, which holds shares traded on the NSE.
Those without one can open an account through a licensed stockbroker or investment bank before instructing the broker to purchase their preferred number of shares.
The final cost will depend on the prevailing share price and applicable transaction charges.
According to the revised IPO timetable, shares allocated to successful applicants were scheduled to be transferred to their CDS accounts on November 11, 2026 while refunds for unsuccessful or partially successful applications were expected to begin on the same date.
Quickmart’s listing offers Kenyans an opportunity to own a stake in the supermarket chain, but investors should assess the company’s financial performance, operating costs, expansion plans and dividend policy before committing their money.
The company has indicated a target dividend payout of 95 per cent of profit after tax for the 2026 financial year and 90 per cent for 2027, before targeting at least 80 per cent thereafter. Actual payments remain subject to the board’s discretion and the company’s financial position.
Investors should not assume that the IPO price or proposed dividend payouts guarantee future returns.
The listing gives investors who missed the initial offer another opportunity to acquire Quickmart shares, with the market determining the price they pay.
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