IPO Archives - Page 4 of 4 - Lanka Business News

December 13, 2021

December 13th, 2021: Leading Sri Lankan insurer Co-operative Insurance, recently announced the date of their Initial Public Offering (IPO), which is set to take place on the 20th of December, 2021. The IPO will be managed by the Merchant Bank of Sri Lanka. Affirming its financial strength, the company, which secured […]

November 25, 2021

Targets raising Rs. 75 million, through the offering of 17.24% stake Offer price of an Ordinary Voting Share set at Rs. 12 MDL has successfully completed 23 mega land development projects Manager to the Offer is Atarah Capital Partners CSE’s CDS to be Registrar of the IPO Marino Beach Hotel, Colombo (November […]

November 24, 2021

24th November 2021, Colombo Sri Lanka: Sarvodaya Development Finance’s (SDF) Rs. 1 billion Initial Public Offering (IPO) was oversubscribed on the initial opening day. The company secretary issued the announcement of the oversubscription within two hours of the opening. Underwritten by NDB Bank and Sampath Bank, the IPO was aimed at raising […]

October 31, 2021

Colombo, 30th October 2021: In its first earnings release since its IPO, JAT Holdings PLC announced that it recorded the best 1st half performance in the history of the company for FY 2021/22. Group Revenue for the period was 3,129 million rupees, against 1,809 million during the corresponding period in the year prior. Group PAT […]

October 26, 2021

Initial Public Offering (IPO) of Lanka Credit and Business Finance Limited, through an Offer for Subscription of up to 75,000,000 Ordinary Voting Shares in the first instance, and a further 50,000,000 Ordinary Voting Shares at the option of the Board of Directors at Rs. 4.00 per share, which opened today (26th October 2021) was oversubscribed […]

August 16, 2021

A home-grown company with a vision to deliver unparalleled insurance solutions to all Sri Lankans August 16th, 2021: Leading Sri Lankan insurer Co-Operative Insurance, recently announced their plans to go for its first Initial Public Offering (IPO) in 2021 following a commanding financial performance for the past year. The IPO will be managed […]

July 21, 2021

21st July 2021, Colombo: Following the widely sought IPO by JAT Holdings yesterday (20), the company experienced massive interest and market demand, resulting in the oversubscription of 82,904,846 ordinary shares. Priced at a value of Rs. 27 per share, the IPO raised Rs.2.2 billion in funds for the company’s near term objectives […]

July 19, 2021

XXX 2021, Colombo: JAT Holdings, Sri Lanka’s trusted industry leader in finishing and furnishing, will commence its Initial Public Offering (IPO) on the 20th of July. The much anticipated IPO will enable investors to indulge in a plethora of benefits by investing in one of Sri Lanka’s leading conglomerate brands in wood coatings and paint. […]

May 6, 2021

May 06, Colombo : Prime Lands Residencies Limited, the condominium property arm of Prime Group, the ‘Maestro of Real Estate Artistry’ in Sri Lanka, recently debuted its Initial Public Offering (IPO) and will now be allowing potential investors the ability to submit applications for the IPO from the safety and comfort of […]

March 5, 2021

WindForce launches LKR 3.2 billion IPO to boost Renewable Energy in Sri Lanka and abroad WindForce to power Renewable Energy in Sri Lanka and abroad with LKR 3.2 billion IPO WindForce announces LKR 3.2 billion IPO to boost Renewable Energy capabilities locally and internationally WindForce’s LKR 3.2 billion IPO to enhance Renewable Energy capabilities in […]

Co-operative Insurance set to open Initial Public Offering on 20th December

Myland Developments Limited announces IPO

Sarvodaya Development Finance IPO oversubscribed on opening day

JAT Holdings 1H Revenue Up by 73% and PAT by over 400 million

LCB Finance IPO oversubscribed on the opening day

Co-Operative Insurance announces upcoming IPO to cap off a commanding annual performance

JAT Holdings IPO concludes with oversubscription of shares

JAT Holdings IPO to commence this week

Prime Lands Residencies IPO introduces “SUBMIT ONLINE from HOME”!

“WindForce announces LKR 3.2 billion IPO to boost Renewable Energy capabilities locally and internationally