The book-building process for Pak Qatar General Takaful Limited’s IPO starts today and runs until January 22. The company will offer 30 million shares, with 75% for institutional investors and 25% for the general public, who can subscribe on January 28–29.

The floor price is Rs. 10 per share, and the ceiling price is Rs. 14 per share, with a target of raising up to Rs. 420 million.

Shahid Ali Habib, CEO of Arif Habib Ltd., emphasised strong interest from high-net-worth individuals and institutional investors in this historic IPO. The funds will be used for strategic initiatives, including software investments, marketing, and branch development.

Currently, the company’s sponsors hold 69.28% of the shares, with directors owning 7.88%. PQGTL offers a range of Shariah-compliant Takaful solutions tailored to both individuals and businesses.