IPOs Archives | The Biz Update

Record Equity Raising in 2024: 5 IPOs and 2 IOs Highlight a Thriving Market

The Biz Update2 months ago2 months ago03 mins

KARACHI, October 26 2024: In a remarkable turnaround for Pakistan’s capital markets, 2024 has witnessed a substantial revival in Initial Public Offerings (IPOs), with five companies raising a total of PKR 8 billion. This resurgence has been fueled by a favourable economic environment and robust Pakistan Stock Exchange (PSX) performance. The positive macroeconomic indicators including…

Meezan Bank has successfully launched electronic subscription to IPOs

The Biz Update4 years ago02 mins

Karachi August 05, 2020: Meezan Bank, Pakistan’s first and largest Islamic bank has successfully launched electronic subscription to IPOs (Initial Public Offerings) for its corporate customers via CDC’s (Central Depository Company) newly launched Master TREC Module in Centralized eIPO System (CES). Using Master TREC in CES, Meezan Bank will allow registered Master TREC Holders (Brokerage…