Blue-Ex Limited IPO oversubscribed more than fourfold
Blue-Ex Limited’s (PSX:GEMBLUEX) initial public offering (IPO) attracted applications for a total of 4,232,500 ordinary shares against the issue size of 1,000,000 shares.
The public subscription was held on December 16th and 17th, 2025, and compiled by CDC Share Registrar Service Limited.
According to the company’s statement issued today, 3,156 applications were received, with the highest number of shares applied in the “Above 2,000 Units” category, which totaled to 1,981,500 shares.
| Application Category of Shares | No. Of Applications | No. Of Shares Applied | Amount (PKR) |
| 500 | 1,762 | 881,000 | 57,265,000 |
| 1,000 | 694 | 694,000 | 45,110,000 |
| 1,500 | 160 | 240,000 | 15,600,000 |
| 2,000 | 218 | 436,000 | 28,340,000 |
| Above 2,000 Units | 322 | 1,981,500 | 128,797,500 |
| Overall Total | 3,156 | 4,232,500 | 275,112,500 |
Applications for up to 500 shares will receive full allocation, while balloting for 1,000-share applications is scheduled for December 23, 2025, however applicants for higher numbers of shares will receive full refunds.
The IPO generated a total subscription amount of Rs 275,112,500.
