ABHI Microfinance Bank IPO Attracts Strong Investor Interest on First Day of Retail Subscription

The bank has set its share price at Rs15.50, with a minimum investment of Rs7,750, following a successful institutional book-building round that raised more than Rs2.05 billion.

ABHI Microfinance Bank’s Initial Public Offering (IPO) has received a strong response from investors on the first day of its retail subscription, signalling interest in the bank’s public offering and investment opportunities on the Pakistan Stock Exchange (PSX).

The bank has fixed the share price at Rs15.50, with a minimum subscription of 500 shares. This brings the minimum investment to Rs7,750 for individual investors seeking to participate in the remaining 25% portion of the IPO.

To make the process easier, ABHI Microfinance Bank has introduced a digital subscription facility through the Central Depository Company’s (CDC) Access platform. The eIPO Ultra service allows investors to apply online without visiting a bank branch or brokerage office.

Investors can participate by logging into their CDC Access accounts and opening the IPO section. They must review and accept the disclaimer before selecting ABHI Microfinance Bank’s active IPO through the subscription option.

Applicants then need to complete the electronic subscription forms with the required information. Once the application is submitted, the system generates a subscription identification number, which can be used to make payment through online banking.

The public offering follows a successful institutional book-building process, through which ABHI Microfinance Bank raised more than Rs2.05 billion from institutional investors.

The IPO provides an opportunity for investors to participate in the growth of Pakistan’s microfinance sector. The industry plays an important role in extending financial services to underserved communities, including small businesses, low-income households and entrepreneurs.

The strong response during the opening day of retail subscription comes as digital platforms make participation in capital-market offerings more accessible to individual investors.