Air Link Communication Limited is taking its next big step in the capital markets. The company has announced plans to float its wholly owned subsidiary, Select Technologies Limited, through an initial public offering and list it on the Pakistan Stock Exchange.
The decision was approved by Air Link’s board of directors. However, the proposed IPO and listing will move forward only after regulatory approvals and full compliance with applicable laws. The company shared the update in a formal disclosure to the PSX.
To manage the process, Air Link has appointed Arif Habib Limited as a consultant on the issue and lead manager for the offering. The firm will oversee the structuring and execution of the proposed public listing.
This planned IPO reflects Air Link’s broader growth strategy. By listing Select Technologies Limited separately, the company aims to unlock shareholder value and strengthen its position in Pakistan’s technology sector. It also signals confidence in the subsidiary’s standalone business potential.
Air Link Communication Limited was founded in 2010 and is headquartered in Lahore. The company first operated as a private limited firm. Later, in April 2019, it converted into a public limited company and secured its own listing on the Pakistan Stock Exchange.
Today, Air Link operates as a major technology player in Pakistan. Its business covers the import, export, distribution, identification, wholesale, and retail of communication and IT-related products and services. These include smartphones or cellular phones, tablets, laptop accessories, and other related products.
