Tasdeeq set to become South Asia's first listed credit bureau on PSX

News Image

MG News | June 24, 2026 at 05:29 PM GMT+05:00

June 24, 2026 (MLN): Tasdeeq, Pakistan's leading credit information and analytics company regulated by the State Bank of Pakistan (SBP), is set to launch an Initial Public Offering (IPO) at the Pakistan Stock Exchange (PSX).

It is to be South Asia's first credit bureau to be publicly listed, according to a press release issued.

Topline Securities, the consultant and advisor to the offering, views the IPO as a milestone for Pakistan's capital market, offering investors access to a unique data-driven business operating in an oligopolistic market with high barriers to entry and strong regulatory support.

Tasdeeq benefits from mandatory Credit Information Bureau (CIB) requirements for financial institutions, a large proprietary database, and a growing suite of analytics and third-party price validation services.

The company is governed by a strong board that meets the SBP's Fit and Proper Test criteria and is led by an experienced management team.

The company has witnessed exponential growth in revenues and profits in recent years, supported by the significant operating leverage inherent in its asset-light business model.

Tasdeeq's scalable business model and increasing focus on B2C solutions position it to capitalize on the rising demand for data and digital financial services.

The proposed listing is expected to further deepen Pakistan's equity market while offering investors exposure to a high-growth, technology-enabled franchise with recurring revenues and substantial long-term growth potential.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 179,571.27
436.67M
1.06%
1878.35
ALLSHR 108,600.94
844.23M
1.00%
1073.54
KSE30 53,548.42
162.02M
0.99%
525.53
KMI30 256,725.70
154.74M
0.76%
1936.43
KMIALLSHR 70,620.69
563.61M
0.98%
683.55
BKTi 48,625.03
36.31M
1.37%
658.39
OGTi 37,179.52
8.29M
0.94%
345.85
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 62,040.00 63,160.00
61,870.00
-325.00
-0.52%
BRENT CRUDE 73.76 77.00
73.67
-3.32
-4.31%
RICHARDS BAY COAL MONTHLY 115.00 0.00
0.00
0.50
0.44%
ROTTERDAM COAL MONTHLY 126.50 126.50
125.90
0.50
0.40%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 70.13 73.18
70.08
-3.08
-4.21%
SUGAR #11 WORLD 13.94 14.04
13.81
-0.01
-0.07%

Chart of the Day


Latest News
June 24, 2026 at 06:36 PM GMT+05:00

Shifa earns historic dual JCI honor


June 24, 2026 at 06:15 PM GMT+05:00

SCRA balance drops Rs915m to Rs26.3bn


June 24, 2026 at 05:00 PM GMT+05:00

Pakistan showcases basmati, eyes deeper EU trade ties



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg