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