ABHI Microfinance Bank gets approval for IPO, bidding set for November 5–6

The SECP has cleared ABHI Microfinance Bank’s prospectus for a share sale, with investor bidding due on November 5 and 6, 2026. The bank plans to offer 132 million shares; 99 million, or 75% of the issue, are reserved for eligible participants using the book-building process.

Bids will start at Rs15 per share, including a Rs5 premium, and can rise to Rs22.50. At the minimum price, the full issue is worth Rs1.98 billion, while the portion for book-building totals Rs1.485 billion. As reported by Profit by Pakistan Today, participant registration runs from November 2 to 6, and successful bidders must make final payments on November 10. NCCPL will handle expressions of interest and margin payments, with unsuccessful bidders’ margin money also due back during the settlement period.