ABHI IPO price holds steady at Rs15/share on first day of book-building
ABHI Microfinance Bank Limited’s share price stuck to its opening price of Rs15 on the first of the two-day book-building at the Pakistan Stock Exchange (PSX) on Thursday, as it aims to mobilise a minimum of Rs1.98 billion through initial public offering (IPO) to strengthen and expand its business. The share price is allowed to increase by a maximum 50% (or up by Rs7.5) to Rs22.50, from the floor…
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