The IPO of WealthTrust Securities Limited (WTS) was oversubscribed within minutes, prompting closure at 4.30 p.m on Tuesday December 16.
The issue offered 71,548,244 Ordinary Voting Shares at Rs. 7 each to raise Rs. 500,837,708, and will list on the Diri Savi Board of the Colombo Stock Exchange, the company said in a media release.
A Primary Dealer authorised by the Central Bank of Sri Lanka and licensed by the Securities and Exchange Commission of Sri Lanka as a Stock Broker (Debt) and Stock Dealer (Debt), WTS drew strong investor demand.
Proceeds will strengthen core capital, enhancing buffers ahead of phased minimum core capital increases effective 1 January 2026 and 1 January 2027.
The capital raise is expected to strengthen WTS’s capacity to absorb market and interest-rate risk exposures from its primary dealer operations, supporting long-term value creation.
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