Tasdeeq Officially Lists on PSX
Tasdeeq Information Services Limited has been listed on the Pakistan Stock Exchange (PSX), becoming the first publicly listed credit bureau in South Asia, according to PSX.
Tasdeeq Information Services Limited has been listed on the Pakistan Stock Exchange (PSX), becoming the first publicly listed credit bureau in South Asia, according to PSX.
Article outline
- What happened
- The key numbers
- The details
- The bottom line
Key points
- The retail portion of Tasdeeq's IPO was oversubscribed 21.68 times, with 11, 358 applications generating participation worth around Rs.
- Govt Names Abdul Wahid Sethi As Acting NBP President, CEO for 3 Months.
- Sabzwari remarked Tasdeeq's listing marked the 11th listing on PSX during calendar year 2026 and the third during the current fiscal year.
- Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
- Sabzwari continued that the number of investor accounts on PSX has crossed 600, 000, with younger investors increasingly participating through digital platforms and investor awareness programs.
In practice, the company's listing was marked by a gong ceremony at the PSX Trading Hall in Karachi on Monday.
For context, the transaction involved 219 million ordinary shares, including 69 million shares placed with pre-IPO investors at Rs. 2.35 per share and 150 million shares offered to the public at Rs. 3 per share. The total transaction size stood at approximately Rs. 612 million.
Meanwhile, the retail portion of Tasdeeq's IPO was oversubscribed 21.68 times, with 11, 358 applications generating participation worth around Rs. 2.4 billion.
PSX Managing Director and CEO Farrukh H. Sabzwari remarked Tasdeeq's listing marked the 11th listing on PSX during calendar year 2026 and the third during the current fiscal year.
He remarked the listing of a licensed credit bureau reflects the increasing diversity of businesses using the stock market to raise capital and expand their businesses.
Sabzwari continued that the number of investor accounts on PSX has crossed 600, 000, with younger investors increasingly participating through digital platforms and investor awareness programs. Stay Connected with ProPakistani.
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Taken together, the developments around tasdeeq Officially Lists on PSX point to a situation that is still moving, and the coming days should bring more clarity.
