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Quickmart IPO: How Kenyans Can Buy Shares at KSh7.50
The offer gives Kenyans an opportunity to become shareholders in the retail chain, with applications available through Ziidi Trader on My OneApp.
Kenyans have an opportunity to invest in Quickmart through its Initial Public Offering (IPO), with each share priced at KSh7.50.
The offer opened on 1 October 2026 and closes on 30 October 2026. Retail investors must complete their applications and payments by the closing date.
An IPO allows a company to offer shares to the public for the first time. Consequently, investors who purchase shares become part-owners of the company.
How to Apply for Quickmart Shares
Investors can access the Quickmart IPO through Ziidi Trader on My OneApp. The platform promotes digital applications, allowing users to apply from wherever they are.
The service also highlights the convenience of applying without physical forms or queues. Furthermore, users can submit applications at any time, with no stated limit on the number of applications.
However, investing in shares carries risks. Share prices can rise or fall, and investors may lose some or all of their capital.
What Happens After You Apply?
The funds used to apply for shares will remain held until the allocation process concludes.
If the IPO receives more applications than the available shares, it may become oversubscribed. In that case, investors may receive fewer shares than they requested.
Any funds relating to shares that are not allocated will be refunded to the investor’s M-PESA wallet.
Once the allocation process is complete, successful applicants will receive a confirmation SMS. Their shares will also appear in their Ziidi Trader portfolio.
Key Quickmart IPO Dates
Investors should keep the following dates in mind:
- 1 October 2026: Offer opens.
- 30 October 2026: Offer closes and final day for retail investor payments.
- 6 November 2026: Offer results announced and allocation notifications issued.
- 10 November 2026: Payment date for qualified institutional investors only.
- 11 November 2026: Processing of share credits to CDS accounts and applicable refunds.
- 12 November 2026: Allotment and listing activities, as indicated in the IPO FAQ.
Can Investors Sell Their Shares?
Yes. According to the IPO FAQ, investors can sell their shares through Ziidi Trader once the shares are listed on the Nairobi Securities Exchange (NSE).
Investors may also receive dividends through M-PESA if Quickmart declares them. However, dividends are not guaranteed and depend on the company’s decisions.
What Investors Should Consider
While the KSh7.50 offer price provides a clear entry point, investors should assess their financial goals and ability to absorb potential losses before applying.
The IPO FAQ also notes that share prices may fluctuate. Therefore, prospective investors should understand the risks rather than assume that buying shares guarantees returns.
For Kenyans interested in participating, the offer closes on 30 October 2026. Reviewing the application process, key dates and investment risks can help them make informed decisions.
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