Subscribe to Softlogic IPO, says IIFL

Thursday, 9 June 2011 00:00 -     - {{hitsCtrl.values.hits}}

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.