Pak Qatar General Takaful IPO oversubscribed nearly 10x

February 2, 2026 (MLN): The Initial Public Offering (IPO) of Pak Qatar General Takaful Limited received overwhelming response from investors, with applications for 71,668,000 ordinary shares, nearly 10 times the issue size of 7.5 million shares.

The public subscription was conducted from January 28 to 29, 2026, and the tentative figures were compiled by M/s CDC Share Registrar Services Limited, as shared by Arif Habib Limited.

The IPO drew a total of 13,013 applications across different share categories.

Investors applied for 500, 1,000, 1,500, 2,000, and above 2,000 shares, with the largest portion of applications coming from the segment applying for more than 2,000 shares.

The total amount applied for under the IPO reached Rs. 1.003 billion, highlighting strong market confidence in the company’s growth prospects.

According to the allotment rules, applications for up to 1,500 shares will be allotted in full, while applications for 2,000 shares will be subject to balloting.

Any applications exceeding 2,000 shares will have the excess amount refunded to investors.

This approach ensures a fair distribution of shares and allows small investors to participate fully in the IPO.

The exceptional oversubscription underscores the increasing investor interest in Takaful and Shariah-compliant investment products in Pakistan.

The aforementioned information was disseminated through a notification to Exchange.

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