Tasdeeq set for Pakistan Stock Exchange debut

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A stock broker looks at share prices on a digital board during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on April 1, 2026. — AFP
A stock broker looks at share prices on a digital board during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on April 1, 2026. — AFP

KARACHI: Tasdeeq, one of Pakistan’s leading credit information and analytics companies, regulated by the State Bank of Pakistan (SBP), is set to launch an initial public offering (IPO) on the Pakistan Stock Exchange (PSX), becoming the first credit bureau in South Asia to be publicly listed, according to a press release issued by Topline Securities on Wednesday.

Topline Securities, the consultant and adviser to the issue, views the offering as a milestone for Pakistan’s capital market, providing investors with access to a unique data-driven business operating in an oligopolistic market with high barriers to entry and strong regulatory support.

Tasdeeq benefits from mandatory Credit Information Bureau (CIB) requirements for financial institutions, a large proprietary database, and an expanding suite of analytics. The company is governed by a strong board that meets the SBP’s Fit and Proper criteria and is led by an experienced management team.

The offering carries strong third-party validation of its pricing: pre-IPO investors have already committed to subscribe at a premium of approximately 24 per cent to the floor price, underscoring institutional confidence in the company’s valuation and growth outlook.

Published in Dawn, June 25th, 2026

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