Kapruka hosts investor forum ahead of upcoming IPO

Businesscafe - Kapruka Holdings Limited, Sri Lanka’s largest locally owned e-commerce enterprise with a global presence, will host an Investor Forum on 16th December 2021 at 4.00 pm as a virtual event, ahead of its IPO.

This event will give Kapruka’s leadership an opportunity to present their value proposition and allow investors to raise any clarifications they may have.

The issue, managed by Acuity Partners, will see Kapruka Holdings Limited offer investors a 20% stake in the company at an offer price of LKR 15.40.

The event is open to all via the following link: https://zoom.us/meeting/register/tJAsd-usrTwvHtZM7pXUw1F0-A1iqh7NIh8J

The Company plans to use the IPO proceeds to fund its expansion growth plans, which include upgrading existing technology and infrastructure, alongside launching various Kapruka Platform Services, to carry forward new initiatives.

Kapruka.com is Sri Lanka’s first and largest locally owned e-commerce enterprise, founded in 2002 by Dulith Herath.

Since then, it has grown into a multi-billion-rupee enterprise.

The organic growth of Kapruka to date is a unique attribute of its strong business model.