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Co-Operative Insurance IPO oversubscribed

20 Dec 2021

The initial public offering (IPO) of Co-Operative Insurance Co. Ltd. that opened yesterday (20) was oversubscribed on the initial day itself, the Colombo Stock Exchange (CSE) noted. It is an offer for the subscription of 166,750,000 ordinary voting shares at a price of Rs. 3.60 per share. The IPO by Co-Operative Insurance received applications for over the IPO value of Rs. 600.3 million. The CSE operates the only stock market in Sri Lanka and is responsible for providing a transparent and regulated environment where companies and investors can come together. All members and trading members are licensed by the Securities and Exchange Commission of Sri Lanka (SEC) to operate as stockbrokers.

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!


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