#BullishIPO trend is gaining momentum, with several initial public offerings (IPOs) showing promising results. In Pakistan, the IPO market has witnessed a significant revival in 2024, with seven IPOs raising PKR 8.4 billion, marking the highest level since 2021. Some notable IPOs include ¹ ²:

- *Secure Logistics (SLGL)*: Raised Rs 3,130 million with an oversubscription of 1.57x

- *TPL REIT Fund-I (TPLRF1)*: Listed on the Main Board with a strike price of Rs 24.5/share

- *International Packaging (IPAK)*: Oversubscribed, reflecting strong investor interest

- *Fast Cables (FCL)* and *BF Biosciences (BFBIO)*: Also listed on the Main Board with positive response

Globally, IPOs like Figma, Inc. (up 140.67%) and Karman Holdings Inc. (up 130%) have shown significant gains. Analysts predict more IPOs to come in 2025, driven by macroeconomic stability, positive market sentiment, and high liquidity ³.