LSE SPAC II IPO oversubscribed by 22x

July 08, 2026 (MLN): LSE SPAC II Limited's Initial Public Offering (IPO) has received an overwhelming response from investors and has been oversubscribed by 22.27 times the offered subscription size, according to LSE Capital Limited (PSX:LSECL).

Against total shares offered of 2,000,000, the company received 8,707 applications for total shares subscribed of 46,546,000.

Category-wise, 2,096 applications were received for 500 shares worth 1,048,000 shares, 2,023 applications for 1,000 shares worth 2,023,000 shares, 510 applications for 1,500 shares worth 765,000 shares, 2,695 applications for 2,000 shares worth 5,390,000 shares, and 1,383 applications above 2,000 shares worth 37,320,000 shares.

Category-wise Subscription Details:

The exceptional investor participation reflects the market's strong confidence in the SPAC structure and the company's proposed investment strategy, LSE Capital said, adding that the subscription data has been compiled based on applications received through the Pakistan Stock Exchange Electronic IPO (PSX E-IPO) System (PES) and the Centralized e-IPO System (CES) of the Central Depository Company of Pakistan Limited (CDC).

As per Section 12, Sub-section 12.5(f)(g) of the Prospectus, applications for 500 shares will be allotted in full, applications for 1,000 shares will be subject to balloting, while applications for 1,500 shares and above will not be entertained, with the corresponding application money for unsuccessful applications to be refunded in accordance with the applicable procedure.

The aforementioned information was disseminated through a notification to Exchange.

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