WTS Rs. 500 m IPO oversubscribed by 14.9 times

Tuesday, 30 December 2025 03:35 - - {{hitsCtrl.values.hits}}

The WealthTrust Securities Ltd., (WTS) Rs. 500 million Initial Public Offering (IPO) has attracted Rs. 7.5 billion worth applications, amounting to a 14.9 times level of oversubscription.

A total of 71,548,244 ordinary voting shares were offered at an issue price of

Rs. 7 per share, with the company seeking to raise Rs. 500,837,708 and a listing on the Diri Savi Board of the Colombo Stock Exchange (CSE), subject to compliance

with applicable

requirements.

Generating strong and broad-based demand from investors, the IPO was oversubscribed upon opening for subscription on 17 December, prompting the offer to be closed at 4:30 p.m. on the same day.

WTS Managing Director/CEO Romesh Gomez said: “This is a defining milestone for WTS, 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.”