Tasdeeq, an SBP-regulated credit information and analytics company, is preparing to launch an initial public offering (IPO) on the Pakistan Stock Exchange (PSX), a move that would make it the first publicly listed credit bureau in South Asia.
The IPO is being advised by Topline Securities, which said the offering represents a significant development for Pakistan’s capital market by introducing a new technology-driven business segment to public investors.
Tasdeeq provides credit information and analytical services to financial institutions under the regulatory framework of the State Bank of Pakistan. Its operations also include third-party price validation and data-driven risk assessment services, supported by a proprietary credit information database.
The company said its board complies with the SBP’s Fit and Proper Test requirements and is overseen by an experienced management team.
According to the company, Tasdeeq has reported strong growth in revenue and profitability in recent years, driven by its scalable, asset-light operating model. It is also expanding its range of business-to-consumer (B2C) products alongside its core services for banks and other financial institutions.
Once listed, Tasdeeq is expected to become the first credit bureau in South Asia to trade on a stock exchange, marking a milestone for both the company and Pakistan’s capital market.
