ABHI public offering oversubscribed 1.6 times

ABHI Microfinance Bank’s institutional share allocation drew bids equal to 158% of the shares on offer, completing the first stage of its public offering, The Express Tribune reported. The book-building took place at the Pakistan Stock Exchange on November 5 and 6, 2026, and the offer is now moving to retail investors.

The offering covers 132 million shares, with 75% assigned to institutions and the remaining 25% set aside for retail buyers. Shares are priced within a Rs15.00 to Rs22.50 range, putting the total issue value between Rs1.98 billion and Rs2.97 billion, depending on the final price; retail subscriptions are scheduled for November 12 and 13, 2026. Founded in 2021, the bank offers payroll services, salary financing and lending to small and medium-sized businesses alongside its earned-wage-access service.