LSE SPAC-I Limited draws 1.7x oversubscription in public offering

News Image

MG News | May 05, 2026 at 03:57 PM GMT+05:00

May 05, 2026 (MLN): LSE SPAC-I Limited's initial public offering, held on April 29 and 30, 2026, closed with a robust response from retail and institutional investors alike.

Final subscription data compiled by registrar M/s FD Share Registrar Services Limited confirmed total applications of 8,453,500 ordinary shares, exceeding the 5,000,000-share issue size by a factor of 1.7, according to the company’s filing on PSX.

The offering drew 1,486 total applications across all share categories, with a combined subscription value of Rs. 84,535,000. The largest share of demand came from investors applying for above 2,000 shares, who submitted 224 applications representing 7,349,000 shares worth Rs. 73,490,000.

Category

Applications

Shares

Amount (Rs.)

500 shares

707

353,500

3,535,000

1,000 shares

322

322,000

3,220,000

1,500 shares

74

111,000

1,110,000

2,000 shares

159

318,000

3,180,000

Above 2,000 shares

224

7,349,000

73,490,000

Total

1,486

8,453,500

84,535,000

 

Under the allocation policy, applicants for up to 2,000 shares will receive full allocation. Investors who applied for above 2,000 shares will have their allotments determined on a pro-rata basis given the excess demand in that segment.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 177,322.78
218.45M
-0.03%
-47.93
ALLSHR 107,545.62
611.68M
-0.16%
-170.58
KSE30 52,748.13
109.41M
-0.15%
-79.11
KMI30 250,923.14
114.37M
-0.26%
-656.80
KMIALLSHR 69,357.47
341.55M
-0.25%
-170.67
BKTi 50,191.95
23.34M
-0.24%
-121.95
OGTi 36,022.65
8.50M
-1.33%
-487.29
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 80,690.00 80,845.00
78,525.00
2170.00
2.76%
BRENT CRUDE 88.74 89.51
86.22
0.90
1.02%
RICHARDS BAY COAL MONTHLY 110.30 0.00
0.00
0.85
0.78%
ROTTERDAM COAL MONTHLY 124.80 0.00
0.00
0.60
0.48%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 82.23 83.14
80.65
0.00
0.00%
SUGAR #11 WORLD 17.88 18.11
17.55
0.29
1.65%

Chart of the Day


Latest News
August 27, 2026 at 05:15 PM GMT+05:00

APAG IPO fully subscribed on first day


August 27, 2026 at 04:28 PM GMT+05:00

SRVI profit jumps 24% to nearly Rs10bn in 1HCY26


August 27, 2026 at 04:22 PM GMT+05:00

PSX Closing Bell: A Little Offbeat


August 27, 2026 at 04:11 PM GMT+05:00

UPFL profit soars 40% to Rs4bn in 1HCY26


August 27, 2026 at 04:08 PM GMT+05:00

DGKC FY26 profit jumps 25%



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg