LSE Ventures to raise Rs200 million through issuance of 40 million right shares

LSE Ventures Limited (LSEVL) has announced to raise Rs 200 million through a Right Share offering, with plans to issue 40 million ordinary shares at a par value of Rs 5 each to increase the paid-up share capital of the company. 

According to a filing at the local bourse on Friday, the Board of Directors approved the issuance during their meeting on September 12, 2025. 

“The Board of Directors of LSE Ventures Limited through resolution by circulation dated September 12, 2025 has taken the following decisions:  To increase the paid-up share capital of the Company by issuance of further 40,000,000 Ordinary Shares at par value (i.e., at Rs. 5/- each) by issue of Right Shares to be offered to the members in proportion of 11.14 Right Shares for every 100 ordinary shares held, i.e., 11.14% Right Issue at par value of Rs. 5/- per share,” read the notice sent to the PSX. 

The right issue, which constitutes approximately 11.14% of LSEVL’s existing paid-up capital, will be offered to shareholders in proportion to their holdings. The share transfer books will be closed shortly, and the final offer document will be issued following regulatory approvals.

The proceeds from the rights issue will be utilized for strategic investments in Special Purpose Acquisition Companies (SPACs) and early-stage investment opportunities, with 60% of the funds earmarked for SPAC investments and the remaining 40% for pre-IPO, IPO, and SPO offerings.

According to the company’s statement, the primary goal of the fund-raising is to establish a capital pool, diversifying the investment portfolio and securing high returns from early-stage opportunities. The company aims to become an active player in the SPAC market, furthering its position in private equity.

In addition to the Right Shares offering, LSEVL has decided not to proceed with a previously announced issuance schedule due to the alternative financing arrangements made by its investee entity, JLIV, for its project operationalization. The project is now expected to launch by the last week of October 2025.

LSE Ventures emphasized that the funds generated will contribute to the company’s long-term brackly newsability and ensure positive returns for its shareholders.