27. December 2024
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November 3, 2021
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Business & Economy

Ex-Pack IPO Oversubscribed 11 Times, Highest in Recent Times.

4min0
      Ex-Pack Corrugated Cartons Limited’s LKR 700 million IPO, witnessed 6,000+ applicants seeking to subscribe, resulting in an 11X oversubscription. This is the highest rate of oversubscription witnessed by any recent IPO, making it the highest subscribed IPO for 2021.  The IPO, which opened on the 22nd of October 2021, was oversubscribed in […]
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October 22, 2021
Ex-Pack-logo-1.jpg
Business & Economy

Ex-Pack IPO Oversubscribed in Matter of Minutes

1min0
Ex-Pack Corrugated Cartons Limited’s LKR 700 million IPO was oversubscribed within minutes of opening today. In a notice to the Colombo Stock Exchange, the Company’s Registrar stated that the issue will close at 4.30pm today, 22nd October, and the basis of allotment will be notified shortly thereafter. The co-managers to the issue, Capital Alliance and […]
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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.

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