Cable Solutions Limited Oversubscribed on the Opening Day.

CSE_Logo _2018_ English (1)

The Initial Public Offering (IPO) of Cable Solutions Limited, through an offer for subscription of 14,666,600 ordinary voting shares at a price of Rs. 7.50 per share and an offer for sale of 66,120,000 ordinary voting shares at the same price, opened today (23rd July 2024) and was oversubscribed on the initial day itself.

The IPO by Cable Solutions Limited received applications exceeding the IPO value, demonstrating strong investor interest. This significant IPO will be closed at 4.30 pm today (23rd July 2024).

 




 




About us

Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




Follow Us


Newsletter