ISLAMABAD: The Initial Public Offering (IPO) of Zarea Limited has witnessed an overwhelming response from investors, with total applications reaching 21.76 million shares—significantly surpassing the issue size of 15.62 million shares.
Zarea is an online trading platform, offering sale/purchase of different commodities including consumer items.
Subscription Details
According to final subscription figures compiled by THK Associates (Pvt.) Limited, the general public subscription took place on February 17 and 18, 2025, attracting thousands of applications across various share categories.
The breakdown of subscriptions is as follows:
✅ 899 applications for 500 shares each (Total: 449,500 shares)
✅ 792 applications for 1,000 shares each (Total: 792,000 shares)
✅ 164 applications for 1,500 shares each (Total: 246,000 shares)
✅ 956 applications for 2,000 shares each (Total: 1.91 million shares)
✅ 896 applications for above 2,000 shares (Total: 18.36 million shares)
The total amount subscribed stands at Rs. 357.4 million, reflecting strong investor confidence in Zarea Limited’s market potential, according to Mettis Global.
Processing & Next Steps
A confirmation letter from THK Associates states that applications have been duly processed based on data from banks and the CDC E-IPO and PSX E-IPO portals.
➡️ Bank-wise subscription details have also been compiled.
➡️ All applications will now undergo scrutiny and allocation to ensure compliance with regulatory requirements.
The oversubscription of Zarea Limited’s IPO highlights growing investor enthusiasm and positive market sentiment surrounding the company’s prospects.
