Karachi: Blue-Ex Limited’s recent Initial Public Offering (IPO) witnessed significant interest from investors, resulting in an oversubscription of its shares by over four times. The public subscription, which took place on December 16 and 17, 2025, attracted a total of 4,232,500 applications for ordinary shares against an issue size of 1,000,000 shares.

According to the subscription figures finalized by K-Trade Securities Limited, in collaboration with the Pakistan Stock Exchange (PSX) and CDC e-IPO, the demand significantly surpassed supply. A detailed summary provided by CDC Share Registrar Service Limited indicated that 3,156 applications were received, amounting to a total value of 275.11 million Pakistani Rupees.

The subscription details revealed that the highest number of applications came from the 500 shares category, with 1,762 applications, accounting for 881,000 shares valued at 57.27 million PKR. This was followed by 694 applications for 1,000 shares, totaling 694,000 shares worth 45.11 million PKR. Other significant categories included 240,000 shares from 160 applications in the 1,500 shares category and 436,000 shares from 218 applications in the 2,000 shares category. The largest single category, those applying for more than 2,000 shares, accounted for 1,981,500 shares from 322 applications, amounting to 128.80 million PKR.

According to information available from the Pakistan Stock Exchange (PSX), applications for up to 500 shares will be fully allocated, while a balloting process will determine the allocation for the 1,000 shares category. The balloting is scheduled for December 23, 2025, at 1500 hours. Applications for shares exceeding the available number will receive a full refund.

This IPO marks a notable development in the designated market category, highlighting the robust interest in the company’s shares and reflecting investor confidence in Blue-Ex Limited’s future prospects.