LSE SPAC-I Limited’s Initial Public Offering (IPO) has received an encouraging response from investors, with the public subscription exceeding the offered shares by 1.7 times. The public offering, conducted on April 29 and 30, 2026, attracted significant participation from retail investors across various application categories.
According to the final subscription figures compiled by FD Share Registrar Services Limited and submitted by LSE Capital Limited to the Pakistan Stock Exchange (PSX), applications were received for a total of 8,453,500 ordinary shares against the issue size of 5,000,000 shares.
A total of 1,486 applications were submitted, representing an investment amount of Rs. 84.535 million. The strongest participation came from investors applying for more than 2,000 shares, accounting for 7.349 million shares and Rs. 73.49 million of the total subscription amount.
Subscription Breakdown
| Application Category | Applications | Shares Applied | 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 |
Share Allocation
Investors who applied for up to 2,000 shares will receive full allocation of their requested shares. Applications exceeding 2,000 shares will be allotted on a pro-rata basis due to the oversubscription.
Positive Market Reception
The successful oversubscription demonstrates strong investor confidence in LSE SPAC-I Limited and highlights growing interest in innovative investment vehicles within Pakistan’s capital markets. The substantial participation from both small and large investors reflects optimism regarding the company’s future prospects and the broader investment landscape.
Market participants will now await the completion of the allocation process and the company’s next milestones following the successful public offering.
