Shares of Kapruka Holdings Ltd. will commence trading on the Main Board of the Colombo Stock Exchange (CSE) under the symbol “KPHL” tomorrow (7).
Kapruka Holdings Ltd. is the holding company of Kapruka, Sri Lanka’s ecommerce platform with a global presence.
The company recently offered 32,826,000 ordinary voting shares to the public through its much-anticipated initial public offering (IPO), which was oversubscribed 5.8 times. The issue, managed by Acuity Partners, was quickly snapped up by savvy investors at a per-share price of Rs. 15.40. The retail category investors were allotted 97.8% of the shares they applied.
The capital raised by the IPO is expected to help finance Kapruka’s ambitious expansion and growth plans, which include upgrading existing technology and infrastructure, alongside launching various Kapruka platform services to carry forward new initiatives.
Kapruka is Sri Lanka’s first locally owned e-commerce enterprise, founded in 2002 by Dulith Herath.
Kapruka begins trading tomorrow
06 Jan 2022
Kapruka begins trading tomorrow
06 Jan 2022
Kapruka
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!
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!