clock December 24,2023

WEALTHTRUST SECURITIES LIMITED ANNOUNCES RS. 500 MILLION IPO FOLLOWING SUCCESSFUL MEDIA LAUNCH AND INVESTOR FORUM

WealthTrust Securities Limited (WTS), one of Sri Lanka’s leading non-bank Primary Dealers, has announced the formal commencement of its Initial Public Offering (IPO) process, following the successful conclusion of its Media Launch and Investor Forum held earlier this week.

The event, which drew strong interest from media personnel, investment analysts, and market participants, provided an in-depth overview of WTS’s upcoming IPO and the strategic rationale supporting the capital raise.

WTS is offering 71,548,244 Ordinary Voting Shares at LKR 7.00 per share with the intention of raising LKR 500,837,708 through an offer for subscription. During the forum, company leaders outlined how the IPO is designed to strengthen WTS’s core capital position, enhancing resilience against unexpected interest rate volatility and improving its ability to manage market risks associated with primary dealer operations.

The company reiterated that the capital infusion will be used in the ordinary course of business, primarily to expand its trading portfolio of government securities as favourable opportunities arise. WTS also confirmed that it already meets the Central Bank of Sri Lanka’s minimum core capital requirements for 2026 and 2027.

A highlight of the event was WTS’s reaffirmed A- (Positive outlook) credit rating from Lanka Rating Agency, a key indicator of the company’s stability and prudent management. Speakers emphasized WTS’s conservative trading approach, which has minimized losses even during periods of market volatility—recording only one marginal loss in the past 12 years. Its seasoned senior management team, with collective experience exceeding over 100 years, was also showcased as a core strength driving the company’s disciplined performance.

The subscription list for the IPO will open on December 17, 2025, offering investors the opportunity to participate in the next stage of the company’s growth journey. Upon completion, WTS plans to list on the Diri Savi Board of the Colombo Stock Exchange (CSE), subject to adherence with listing requirements.

Interested investors can access the prospectus and application forms via the company’s website, www.wealthtrust.lk, or the CSE website, www.cse.lk.

Caption - Left to right


1. Mr. Timothy Speldewinde - Independent Non-Executive Director
2. Ms. Anarkali Moonesinghe - Non-Independent Non-Executive Director
3. Ms. Priyanthi Abeyesekere - Deputy CEO
4. Mr. Senaka Weerasooria - Chairman (Non-Independent Non-Executive Director)
5. Mr. Romesh Gomez - Managing Director / CEO (Non-Independent Executive Director)
6. Mr. Tarusha Weerasooria - Non-Independent Non-Executive Director
7. ⁠7. Ms. Shanti Gnanapragasam - Independent Non-Executive Director
8. Mr. Tivanka Perera - Vice President - Asia Securities Advisors (Private) Limited

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