Symmetry Group has announced plans to make its artificial intelligence subsidiary public. In a notice to the Pakistan Stock Exchange – PSX on Wednesday, the company shared that its Board of Directors has approved the launch of an Initial Public Offering (IPO) for the subsidiary, which develops AI-powered solutions through platforms like Influsense.ai and Vidfy.ai.
The company is looking to raise between Rs. 1.50 billion and Rs. 2.0 billion through the offering and has appointed KTrade Securities as the IPO advisor. The goal is to complete the process within six months of the board’s approval.
Describing this move as a major step in its growth strategy, the company highlighted its plans to scale these AI-driven platforms and expand into new markets. More details about the IPO process will be shared in line with regulatory requirements.
This development positions Symmetry Group as a key player in Pakistan’s AI sector, signaling its commitment to hashtag#innovation and expansion.