WealthTrust Securities Rs. 500 m IPO snapped up within minutes of opening

Thursday, 18 December 2025 06:05 - - {{hitsCtrl.values.hits}}

The Initial Public Offering (IPO) of WealthTrust Securities Ltd., (WTS) was oversubscribed within minutes, prompting closure at 4:30 p.m. yesterday.

The issue offered 71,548,244 ordinary voting shares at Rs. 7 each to raise Rs. 500,837,708, and will list on the Diri Savi Board of the Colombo Stock Exchange.

A Primary Dealer authorised by the Central Bank of Sri Lanka and licenced by the Securities and Exchange Commission of Sri Lanka as a Stock Broker (Debt) and Stock Dealer (Debt), WTS drew strong investor demand.

Proceeds will strengthen core capital, enhancing buffers ahead of phased minimum core capital increases effective 1 January 2026 and 1 January 2027.

The capital raise is expected to strengthen WTS’s capacity to absorb market and interest-rate risk exposures from its primary dealer operations, supporting long-term value creation.