Naya Nazimabad REIT offer oversubscribed 4x, attracts Rs1bn

Mettis Global reported that the sale of Naya Nazimabad Apartment REIT units ran across two days, September 7 and 8, 2026, generating applications for 47,139,500 units. Final figures compiled by registrar CDC Share Registrar Services Limited show that demand far exceeded the 11,015,625 units on offer.

A combined 8,070 applications arrived via the CDC and PSX e-IPO channels, worth Rs1.08bn in total. Investors who asked for up to 2,000 units will receive full allocation, whereas larger requests will be scaled back on a pro-rata basis.

Of these, 6,917 applications for 34,494,000 units, worth Rs793.36m, were submitted via the CDC e-IPO (CES) channel, while 1,153 applications for 12,645,500 units, worth Rs290.85m, came through the PSX e-IPO (PES) route. Arif Habib Limited served as manager to the offer, and the outcome was shared with the exchange through a notification.