The companies said proceeds were being used for capacity expansion, new projects and working capital. Mirza said the SECP aims to expand the investor base to 2.5 million by making market access easier and strengthening financial literacy initiatives. Saeed said Service Long March Tyres, Pakistan’s first and largest manufacturer and exporter of TBR tyres, attracted more than 35,000 investors through its IPO. Aftab said Select Technologies raised 3.02 billion rupees through its IPO to finance capacity expansion and working capital requirements. During an interactive session, SECP Chairman Dr. Kabir Ahmed Sidhu said the commission was simplifying digital onboarding and developing a mobile-first application aimed at young and first-time investors.