The retail subscription phase is scheduled for November 12–13, with shares priced between Rs15.00 and Rs22.50, attracting significant institutional investor interest.
ABHI Microfinance Bank’s initial public offering recorded bids equivalent to 158% of the shares allocated to institutional investors during the two-day book-building process on November 5–6, 2026, at the Pakistan Stock Exchange, with the offering now advancing to the retail subscription stage.
The book-building phase was oversubscribed 1.6 times, completing the first phase of the offering. The issue encompasses 132 million shares priced between Rs15.00 and Rs22.50, with 75% allocated to institutional investors via book-building and 25% reserved for retail participants.
The offering’s size ranges from Rs1.98 billion to Rs2.97 billion, depending on the final offer price, marking another milestone as ABHI Microfinance Bank looks ahead to its next growth phase.
With the book-building phase complete, the offering will enter its retail subscription stage on November 12–13, 2026, providing eligible retail investors the opportunity to participate.
Founded in 2021, ABHI seeks to expand financial access inclusively through technology-driven solutions. The firm began with earned wage access and has since broadened its portfolio to include payroll solutions, salary financing, and small and medium-sized enterprise lending, establishing a growing presence across the Gulf Cooperation Council region.
Also Read
- Securitize Shares Surge 10% After Q3 Growth, Announces Asset‑Backed Finance Expansion
- Germany Confronts ‘Omnipresent’ Antisemitism as Merz Warns of Historic Test
- U.S. prepared for strikes as Qatar and Saudi Arabia push for peaceful Iran resolution
- NVIDIA CEO Investigation Spotlights Honeypot Threats and National Security Risks for Tech Executives