• CSE says happy with JAT oversubscription; fourth such IPO in 2021

CSE CEO Rajeeva Bandaranaike

The Colombo Stock Exchange (CSE) this week expressed satisfaction with the oversubscription of the Initial Public Offering (IPO) of JAT Holdings Ltd., which also marked over Rs. 69 billion in capital raised so far in 2021.

“We are happy to welcome JAT Holdings as the 10th new listing and fourth equity listing for 2021 on the CSE with a successful equity IPO,” the Colombo bourse’s CEO Rajeeva Bandaranaike said.

He said 2021 had been a significant year for the CSE as the capital market had facilitated Rs. 69.65 billion of capital raised so far. 

“We are confident of this growth trajectory in establishing the CSE as a facilitator of capital,” Bandaranaike added. 

JAT says oversubscription affirms appetite exceeds supply