Tasdeeq IPO allocation revised, General Public share raised to 35%
MG News | August 21, 2026 at 12:22 PM GMT+05:00
August 21, 2026 (MLN): Tasdeeq Information Services Limited’s IPO
allocation has been revised, with the Book Building Portion reduced from 75%
(112.5mn shares) to 65% (97.5mn shares), while the General Public Portion has
been raised from 25% (37.5mn shares) to 35% (52.5mn shares).
Topline Securities Limited, in a letter, stated that the
revision was made under sub-section (3) of Regulation 7 of the Public Offering
Regulations, 2017, in view of the oversubscription noted in the company’s
earlier letter of August 13, 2026.
The revised allocation has been applied for the purpose of
final allotment of applications under the General Public Portion.
The aforementioned information was disseminated through a notification to Exchange.
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