ABHI Microfinance Bank IPO to raise Rs2-3 billion

Book-building for 99 million shares is set for 5–6 November, with retail subscription on 12–13 November at a Rs15 floor price on the Pakistan Stock Exchange.

ABHI Microfinance Bank aims to raise Rs2–3 billion by offering 132 million ordinary shares on the PSX.

Book-building is scheduled for 5–6 November; retail subscription for 12–13 November.

Floor price is Rs15 a share (including Rs5 premium), with a ceiling of Rs22.50.

At the floor price, gross proceeds are estimated at about Rs1.98 billion for loans and capital.

The bank projects 2026 profit of about Rs2.927 billion and a CAR near 4.3% by year-end after the IPO.

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Zaviya News