From Brecorder · Salman Siddiqui · · 40s
ABHI IPO price holds steady at Rs15/share
ABHI Microfinance Bank's share price stays at Rs15 on first day of book-building.
In brief
ABHI Microfinance Bank's share price stays at Rs15 on first day of book-building. ABHI Microfinance Bank's IPO price remains steady at Rs15 per share after first day of book-building to raise Rs1.98 billion. Originally reported by Brecorder.
ABHI IPO book building starts
ABHI Microfinance Bank's share price stuck to Rs15 on first day of book-building at Pakistan Stock Exchange.
IPO aims to raise Rs1.98 billion
The bank plans to sell 132 million shares through IPO to raise minimum Rs1.98 billion.
Capital adequacy ratio improves
Bank's CAR will rise from negative 6.26% to 7.31% by end of CY26 with IPO funds.
The essence
ABHI Microfinance Bank's IPO price remains steady at Rs15 per share after first day of book-building to raise Rs1.98 billion.
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