PQFTL IPO off to a flying start, oversubscribed on first day

December 12, 2025 (MLN):  Pak-Qatar Family Takaful Limited (PQFTL) saw its initial public offering (IPO) oversubscribed on the very first day of book building, which signaled a strong investor interest in the company’s growth prospects.

 A significant amount of funds has already been deposited, and several investors are expected to place their bids on the final day of the offer tomorrow, Shahid Ali Habib, CEO of Arif Habib Limited, highlighted on his X handle.

The IPO, which comprises 50 million shares (21.67% of post-IPO capital) priced at a floor of Rs14 per share, will allocate 75% to successful bidders and 25% to retail investors, using the Dutch auction method for pro-rata allocation.

PQFTL, founded in 2006, is Pakistan’s first and largest dedicated Family Takaful operator, commanding a 44% share of the overall family takaful market and 90.47% of the dedicated segment.

The company has consistently delivered steady growth in net income and PAT, supported by single-contribution products that accelerate asset accumulation while keeping acquisition costs low at 5% in FY24.

In 2022, it became the first takaful operator in Pakistan to obtain a Voluntary Pension Scheme (VPS) license, further enhancing its long-term growth potential.

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