Tasdeeq, one of Pakistan's leading credit information and analytics companies regulated by the State Bank of Pakistan (SBP), is set to launch an Initial Public Offering (IPO) on the Pakistan Stock Exchange (PSX), becoming the first publicly listed credit bureau in South Asia.

The listing marks a significant milestone for Pakistan's capital market by offering investors exposure to a data-driven business operating in an oligopolistic industry with high entry barriers and strong regulatory support.

Tasdeeq's business benefits from the mandatory Credit Information Bureau (CIB) reporting framework for financial institutions, a large proprietary credit database, and an expanding portfolio of analytics and information services.

The company is governed by a board that meets the SBP's Fit and Proper criteria and is supported by an experienced management team focused on long-term growth.

The IPO has also received strong institutional backing, with pre-IPO investors committing to subscribe at a premium of approximately 24% above the floor price, reflecting confidence in the company's valuation and future growth prospects.