Tasdeeq's IPO general public subscription sees heavy demand

Mettis Global reported that Tasdeeq Information Services Limited drew applications for 812,907,000 shares, roughly 21.68 times the 37,500,000 shares on offer. The general public subscription ran on August 11 and 12, 2026, with figures compiled by CDC Share Registrar Services Limited as at August 13. Topline Securities Limited, which managed the offering, supplied the data in a letter, and the figures were also passed to the Exchange by notification.

Overall, 11,358 bids were placed, with a combined value of Rs2,438,721,000. Requests covering up to 2,000 shares will be filled in full, while larger requests will be allotted pro rata. All shares remain pending scrutiny before final allocation.

Requests above 2,000 shares accounted for most of the shares sought, totalling 4,124 applications for 803,107,000 shares and worth Rs2,409,321,000. Tiers at 500, 1,000, 1,500 and 2,000 shares drew 1,690, 1,810, 646 and 3,088 applications respectively.