Air Link Communication Limited has announced plans for its wholly owned subsidiary, Select Technologies Limited, to raise capital through an initial public offering and seek listing on Pakistan Stock Exchange. The development was shared in a disclosure to Pakistan Stock Exchange, where the company confirmed that the decision was approved by its board of directors. The proposed offering and listing remain subject to regulatory approvals and compliance with relevant legal requirements before the process can proceed further. According to the company’s filing, Air Link has appointed Arif Habib Limited as the consultant to the issue and the lead manager for the proposed initial public offering. The appointment signals the start of preparations for the listing process, which will involve regulatory reviews, documentation, and market assessments before shares can be offered to investors. The planned listing is part of the company’s broader strategy to expand its presence in the technology sector and potentially unlock additional value through the public offering of its subsidiary.
The move reflects a growing trend among Pakistani technology companies seeking capital market access to support expansion and strengthen their business structures. By bringing Select Technologies Limited to Pakistan Stock Exchange, Air Link aims to provide the subsidiary with an independent platform for growth while also offering investors an opportunity to participate in the company’s operations within the technology distribution ecosystem. Industry observers note that listings in the technology and information technology distribution segment remain relatively limited on the exchange, making such developments notable for the sector.
Air Link Communication Limited is a Pakistan based technology company established in 2010 and headquartered in Lahore. The firm initially operated as a private limited company before converting into a public limited entity in April 2019 and subsequently listing on Pakistan Stock Exchange. Over the years, the company has developed a broad portfolio within the technology and communication products distribution space. Its business activities include the import, export, distribution, identification, wholesale, and retail of communication and information technology related products and services. The company’s product range includes smartphones, cellular phones, tablets, laptop accessories, and other related technology products supplied through a nationwide distribution network. Air Link has built partnerships with multiple global technology brands while also expanding its role in the domestic technology supply chain. The planned initial public offering of Select Technologies Limited is expected to support further growth in this segment while strengthening the group’s position in Pakistan’s technology distribution market.
The listing proposal remains subject to regulatory clearances and standard procedures required for companies seeking to offer shares to the public through Pakistan Stock Exchange. Once approved, the offering could provide additional funding for Select Technologies Limited while allowing investors to gain exposure to the expanding technology hardware and distribution sector in Pakistan. Industry stakeholders will closely watch the progress of the listing process as the company moves toward fulfilling regulatory requirements and preparing for the potential public offering.
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