{
  "id": 17188029,
  "title": "ABHI Microfinance Bank to Raise Rs. 3 Billion Through IPO Next Month",
  "url": "https://urgent.news/2026/10/30/abhi-microfinance-bank-to-raise-rs-3-billion-through-ipo-next-month",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T05:37:18.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/10/30/abhi-microfinance-bank-to-raise-rs-3-billion-through-ipo-next-month/"
  },
  "original_language": "en",
  "account": "ABHI Microfinance Bank is set to launch an initial public offering (IPO) next month, aiming to raise up to Rs. 3 billion through the sale of 132 million ordinary shares on the Pakistan Stock Exchange (PSX). The floor price per share is Rs. 15, with a potential increase to a maximum of Rs. 22.50. The book-building process is scheduled for November 5 and 6, followed by the retail subscription period on November 12 and 13. Of the total issue, 99 million shares are earmarked for institutional and high-net-worth investors, constituting 75 percent of the offering. The proceeds from the IPO are expected to bolster the bank's capital base, improve its capital adequacy ratio (CAR), and help it meet regulatory capital requirements set by the State Bank of Pakistan. ABHI Microfinance Bank forecasts a profit of around Rs. 3 billion for the year 2026, which will be supplemented by the IPO funds, bringing its capital adequacy ratio to approximately 4.3 percent by the end of 2026.",
  "summary": "ABHI Microfinance Bank plans to raise up to Rs. 3 billion through an initial public offering (IPO) of 132 million … Read More The post ABHI Microfinance Bank to Raise Rs. 3 Billion Through IPO Next Month appeared first on ProPakistani .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}