High net worth individuals get largest share of AMFBL IPO

ABHI Microfinance Bank Limited (AMFBL) assigned 37.73 million shares in its 99 million-share IPO to high net worth individuals, the biggest allocation among investor groups. The shares were priced at Rs15.50 each following book building on November 5 and 6, 2026, Mettis Global reported, citing results shared by Arif Habib Limited, the issue consultant.

Bidding drew around Rs2.43 billion against an issue worth Rs1.485 billion, producing 1.6 times oversubscription. Of 83 participants, 73 received shares; TREC holders secured 30.95 million, while other institutions and companies received 26.14 million. Mutual funds were allocated 3.77 million shares, provident and pension funds 251,250, and insurers 165,000, while commercial banks received none. The allocation breakdown highlights the investor mix in AMFBL’s public offering.