Tasdeeq IPO allocation revised, General Public share raised to 35%

Mettis Global reported that Tasdeeq Information Services Limited has revised the allocation for its initial public offering. Under the revised plan, book building now takes 65%, equal to 97.5mn shares, down from 75% and 112.5mn. The General Public share goes up to 35%, or 52.5mn shares, from 25% and 37.5mn shares earlier.

Topline Securities Limited, in a letter, justified the change by citing clause (3) of Regulation 7 of the 2017 Public Offering Regulations. The reason given is oversubscription, flagged in an earlier company letter dated August 13, 2026. The revised split is already being used to allot applications in the General Public category.

Mettis Global added that the information reached the Exchange through a formal notification. Applicants under the General Public category now sit in a larger share of the offer than before, while book building takes a smaller one.