Karachi: The recent Initial Public Offering (IPO) of ABHI Microfinance Bank Limited (AMFBL) has attracted significant attention in the financial market, marking a notable milestone in the microfinance sector. According to a report released on November 10, 2026, by Arif Habib Limited, the IPO witnessed an oversubscription rate of 1.6 times.

The IPO, which determined a strike price of PKR 15.50 per share through a rigorous Book Building process conducted on November 5th and 6th, 2026, garnered total participation amounting to approximately PKR 2.43 billion. This figure substantially exceeded the initial issue size of PKR 1.49 billion.

A total of 83 investors participated in the Book Building, with 73 of them successfully securing shares. According to information available from the Pakistan Stock Exchange (PSX), the category-wise allocation of shares highlighted the diversified interest from various segments of the market.

The detailed breakdown of shares allocated to different investor categories is as follows: Mutual Funds received 3,765,823 shares, Insurance Companies were allocated 165,000 shares, Employees Provident/Pension Funds obtained 251,250 shares, TREC Holders secured 30,953,801 shares, Other Institutions/Corporates received 26,136,054 shares, and High Net Worth Individuals were allocated 37,728,072 shares. The total shares allocated amounted to 99 million.

The designated market category for this IPO falls under the financial sector, specifically focusing on microfinance services. The successful completion of this IPO underscores the strong investor confidence in ABHI Microfinance Bank Limited's growth potential and its strategic position in Pakistan's microfinance landscape.