oversubscribed Archives

December 2, 2022

The Commercial Bank of Ceylon has announced that its Rs 10 billion debenture issue closed within hours of opening after it was oversubscribed on opening day, Thursday 1st December 2022, in a noteworthy vote of confidence from investors. The debentures to the value of Rs 10 billion are being issued to further […]

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 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 […]

October 22, 2021

Ex-pack Corrugated Cartons Limited Initial Public Offering (IPO) of 83,333,333 Ordinary Voting Shares by way of an offer for subscription at the Colombo Stock Exchange (CSE) which opened today (22nd October 2021) was oversubscribed on the initial day itself. The above IPO by Ex-pack Corrugated Cartons Limited, issued at a price of […]

July 27, 2021

Applications aggregate LKR 5 Bn, exceeding initial offer value by LKR 2 Bn Nations Trust Bank PLC announced the successful oversubscription of its Unlisted Debenture prior to its opening, aggregating LKR 5 Bn in applications. Structured, managed and placed internally;the Bank planned to raise up to LKR 3 Bn through the issue of […]

July 20, 2021

JAT Holdings Limited Initial Public Offering (IPO) of 82,904,846 Ordinary Voting Shares by way of a combination of an offer for subscription and an offer for sale at the Colombo Stock Exchange (CSE) which opened today (20th July 2021) was oversubscribed on the initial day itself. The IPO Offered for Subscription of […]

May 13, 2021

Prime Lands Residencies Limited Initial Public Offering (IPO) of 100,000,000 shares at Rs. 10.40 per share at the Colombo Stock Exchange (CSE) which opened yesterday (11th May 2021) was oversubscribed on the initial day itself. Accordingly, the company decided to exercise the option to issue up to another 87,500,000 Ordinary Voting Shares of the Company […]

ComBank raises Rs 10 bn. after debenture oversubscribed on opening day

Sarvodaya Development Finance IPO oversubscribed on opening day

LCB Finance IPO oversubscribed on the opening day

Ex-pack Corrugated Cartons Limited Public Share Issue oversubscribed on the opening day

Nations Trust Bank Unlisted Debenture Oversubscribed Upon Opening

JAT Holdings Limited Public Share Issue oversubscribed on the opening day

Prime Lands Residencies Limited Public Share Issue oversubscribed on the opening day