Blue-Ex Ltd Completes Crediting of IPO Shares to Shareholders
Blue-Ex Completes IPO Share Credit, Marks Major Milestone on PSX Main Board
Blue-Ex Limited has successfully credited its IPO shares into investors’ Central Depository System (CDS) accounts, formally concluding its transition to the Pakistan Stock Exchange (PSX) Main Board. The milestone follows the company’s public offering of one million shares at Rs.65 each and reflects growing investor confidence in Pakistan’s expanding logistics and e-commerce ecosystem.
Founded in 2005 and rebranded as Blue-Ex Limited in 2024, the company is widely recognized for transforming Pakistan’s courier industry, notably by introducing Cash-on-Delivery services in 2011. Having previously been listed on the Growth Enterprise Market (GEM) Board, Blue-Ex’s move to the Main Board signals its operational maturity and readiness for large-scale growth.
The successful IPO share credit underscores Blue-Ex’s evolution into a leading logistics and courier brand, positioning it for stronger market presence, enhanced investor engagement, and continued innovation in a fast-growing sector.