Karachi, 27-Jan-2026 (PPI): The retail portion of Pak Qatar General Takaful Limited’s (PQGTL) initial public offering (IPO) is set to open for public subscription on January 28th, following overwhelming demand during the book-building phase which was oversubscribed by 21 times.

Retail investors will have the opportunity to subscribe to a total of 7.5 million shares, which constitutes 25 percent of the total offering. The shares are being offered at a determined strike price of Rs14 each.

The subscription window for the general public is scheduled to be open for a 24-hour period across January 28 and 29.

The book-building process for institutional investors and high-net-worth individuals, which concluded last week, signalled exceptional interest, receiving total participation valued at PKR 4.74 billion.

This strong demand established the strike price at a 40% premium above the floor price of Rs10 per share, enabling the company to raise Rs 420 million through the listing.

Following the robust institutional interest, market watchers now anticipate active participation from the general public during the two-day subscription period.