PACRA Listing Ceremony on GEM Board

A ceremony to mark the listing of the Pakistan Credit Rating Agency (PACRA) will take place at the Pakistan Stock Exchange Regional Office on the Growth Enterprise Market (GEM) Board of PSX this Monday, June 30.

Trading Details

Trading of PACRA’s shares is scheduled to begin on June 30, following a T+2 settlement cycle. The initial settlement is expected on Wednesday, July 2, 2025. PSX has specified that the market lot for trading is one share with a face value of Rs1.

Eligibility and Clearing

The Central Depository Company of Pakistan Limited (CDC) has already designated PACRA’s shares as eligible securities. All transactions will be processed through the National Clearing Company of Pakistan Limited (NCCPL), which has assigned the company code “GEMPACRA” for trading purposes.

Opening Price and Share Registrar

The initial share price has been set at PKR 15.05 per share, a figure derived from the Book Building process.

CDC Share Registrar Services Limited will serve as the share registrar for PACRA. The listing will categorize PACRA under the “Miscellaneous” sector in the Exchange’s Daily Quotation.