January 10, 2022
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2min
        The initial public offering of Hela Apparel Holdings Limited (the holding company of the Hela Clothing Group) is set to open on the 12th of January 2022. The IPO has gathered significant interest from institutions, high net-worth individuals and retail investors. Hela Apparel Holdings Limited is offering 267,108,998 ordinary voting shares […]

January 7, 2022
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7min
    The shares of Kapruka Holdings Limited (CODE: KPHL-N-0000) commenced trading on the Colombo Stock Exchange (CSE) today. The shares have been listed on the Main Board of the CSE under the “Retailing” sector. The occasion was marked with a special Bell Ringing Ceremony. Representing Kapruka Holdings Limited, Chairman and CEO Mr. Dulith Herath, Director Ms. Anuradha Herath and General Manager Mr. Suresh Eranda attended the […]

December 29, 2021
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4min
  The shares of Myland Developments Limited (CODE: MDL-N-0000) commenced trading on the Colombo Stock Exchange (CSE) today. The shares have been listed on the Diri Savi Board of the CSE under the “Real Estate Development” sector. The occasion was marked with a special Bell Ringing Ceremony. Representing Myland Developments Limited, Chairman/Independent/Non-Executive Director Mr.W.D. Premachandra, Managing Director/Executive Director Mr. Nalin Perera, Executive Director Ms. Iresha Dissanayake, Independent/Non-Executive Director Mr. Ajith Alahakoon joined the event. Financial Advisors & Managers […]

December 21, 2021
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2min
  The Initial Public Offering (IPO) of Kapruka, Sri Lanka’s Pioneering ecommerce platform with a global presence, will officially open at 9.00am tomorrow, 22nd December 2021.  Applications are now open and the Prospectus can be downloaded from ipo.kapruka.com. The issue, managed by Acuity Partners, will see Kapruka Holdings Limited offer investors a 20% stake in […]

December 20, 2021
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4min
The Colombo Stock Exchange has formally approved the Initial Public Offering (IPO) of Hela Apparel Holdings Limited (the holding company of the Hela Clothing Group), with the offer set to open on Wednesday 12th January. This highly anticipated IPO, by one of Sri Lanka’s leading social-capital focused apparel supply chain solution providers, will see 267,108,998 […]

December 19, 2021
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6min
      December 17 2021, Colombo: The IPO of Sri Lankan multinational software solutions provider, hSenid opened on the 3rd of December 2021 and was oversubscribed in a matter of hours, receiving over 9.3 billion rupees worth of applications from 10,602 applicants, for a total subscription of 745,014,900 shares, against a total of 55,339,076 […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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