Subscribe to Softlogic IPO, says IIFL

IIFL Securities has backed the announced Initial Public Offering (IPO) by Softlogic of 139 million ordinary voting shares that is expected to raise over Rs. 4 billion. Softlogic, with its diversified businesses and plans of rapid expansion, is seen as an ideal investment by IIFL

Company at a glance

Established in 1991, Softlogic Holdings commenced operations as a small software development company providing hardware and software solutions to different businesses in Sri Lanka.