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Investors To Expect 15 New IPO’s
Posted 10,May

By Chaveendra Dunuwille

In Local News

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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.