Co-Operative Insurance Company Limited IPO oversubscribed on the opening day

Monday, 20 December 2021 11:24

 Colombo Stock Exchange

Businesscafe - The Initial Public Offering (IPO) of Co-Operative Insurance Company Limited, through an Offer for Subscription of 166,750,000 Ordinary voting shares at a price of Rs. 3.60 per Share, which opened today (20th December 2021) was oversubscribed on the initial day itself.

The IPO by Co-Operative Insurance Company Limited received applications for over the IPO value of Rs. 600.3 Mn and, as such, the issue will be closed at 4.30 PM today (20th December 2021).

Last modified on Monday, 20 December 2021 11:31