WTS IPO Oversubscribed by 14.9 Times as Investors Back the Company’s Capital Strength and Market Discipline
Generating strong and broad-based demand from investors, the Initial Public Offering (IPO) of Ordinary Voting Shares of WealthTrust Securities Limited (WTS) was oversubscribed upon opening for subscription on 17 December 2025, prompting the offer to be closed at 4.30 p.m. on the same day, in line with the Prospectus provision that enables an early close upon oversubscription. The WTS IPO attracted LKR 7.5 Bn worth applications amounting to an 14.9 times level of oversubscription.
A total of 71,548,244 Ordinary Voting Shares were offered at an issue price of LKR 7.00 per share, with the Company seeking to raise LKR 500,837,708, and a listing on the Diri Savi Board of the Colombo Stock Exchange, subject to compliance with applicable requirements.
Expressing gratitude on behalf of the Company, Mr. Romesh Gomez, Managing Director/CEO of WealthTrust Securities Limited, said, “This is a defining milestone for WealthTrust Securities, and we extend our sincere thanks to all investors who have placed their trust in us by becoming shareholders. We are humbled by the strong response, and regret that we are unable to satisfy the full demand from every applicant. We remain committed to executing on our stated objectives, strengthening our capital buffers, and creating long-term value for all stakeholders.”
More information of the IPO can be obtained at www.wealthtrust.lk.
Source: Adaderana
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