With the tireless work of the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission (SEC) investors can expect another 15 Initial Public Offerings from various companies in 2021.
As of the month of May the CSE has successfully completed 3 IPO’s yielding great results to the companies. These companies include Sri Lanka’s largest renewable energy source provider Windforce Ltd and the logistics and warehouse firm Chrissworld Ltd.
The increase in the number of IPO’s can be contributed to many family owned businesses deciding to go public and list in the CSE thanks to the efforts of the government to promote the merits of listing in the Colombo Stock Exchange, building the confidence of investors for potential future investments.
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