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.
The company’s listing was marked by a gong ceremony at the PSX Trading Hall in Karachi on Monday.
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.
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 said Tasdeeq’s listing marked the 11th listing on PSX during calendar year 2026 and the third during the current fiscal year.
He said the listing of a licensed credit bureau reflects the increasing diversity of companies using the stock market to raise capital and expand their businesses.
Sabzwari added that the number of investor accounts on PSX has crossed 600,000, with younger investors increasingly participating through digital platforms and investor awareness programs.
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