Trade Finance & Investments Limited IPO 2.96 times Over Subscribed

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Trade Finance & Investments Limited
Trade Finance & Investments Limited

The Trade Finance & Investments Limited New IPO is Over Subscribed by 2.96 times. The Trade Finance & Investments Limited announced to Colombo Stock Exchange the Number of Applicants and Number of Shares to Applied.

PaymentNo of Shares

Value

No of Applicants
Bank Draft and Cheques     10,735,000

LKR 214,700,000.00

820

Bank Guarantees       7,000,000

LKR 140,000,000.00

3

Total     17,735,000

LKR 354,700,000.00

 
IPO       6,000,000

LKR 120,000,000.00

 
No of Times Oversubscribed

2.96

2.96

 

 

The Above Information is subject to the realization of Cheques and validation of Applications.


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