Tasdeeq Information Services Limited has officially been listed on the Pakistan Stock Exchange (PSX), becoming South Asia’s first publicly listed credit bureau.
The company’s PSX listing was celebrated with a gong ceremony at the PSX Trading Hall in Karachi on Monday.
The transaction included 219 million ordinary shares. Of these, 69 million shares were given to pre-IPO investors at Rs. 2.35 per share, while 150 million shares were offered to the public at Rs. 3 per share.
The total value of the transaction was around Rs. 612 million.
Tasdeeq’s public offering received a strong response, with its IPO oversubscribed 21.68 times. A total of 11,358 applications were submitted, representing about Rs. 2.4 billion in investment interest.
PSX Managing Director and CEO Farrukh H. Sabzwari said Tasdeeq’s listing was the 11th new listing on PSX in 2026 and the third listing in the current fiscal year.
He said the listing of a licensed credit bureau shows that more companies are turning to the stock market to raise funds and grow their businesses.
Sabzwari also said that PSX investor accounts have crossed 600,000, with more young people joining the market through digital platforms and investor awareness programs.