Quickmart plans NSE listing as owners offer 50% stake

Quickmart has announced plans to list on the Nairobi Securities Exchange, with its owners planning to sell half of the supermarket chain to investors. Sokoni Retail Kenya, which currently owns 100 percent of Quickmart, plans to offer 2 billion existing shares, equivalent to a 50 percent stake in the retailer. Because these are existing shares being sold by the current owners, Quickmart itself will not receive any money from the offer. The retailer, which operates 72 stores across the country, reported revenues of 50.4 billion shillings and an adjusted net profit of 1.7 billion shillings in 2025. The offer is expected to launch around September 30, with pricing and other terms to be disclosed in the Information Memorandum.