Today 30th June 2011, the SSP corporate services announced to Colombo Stock Exchange the Browns Investment Limited IPO oversubscribed by 5.33 times.
| Category | No of shares Applied | Value |
| Bank Draft and Cheques | 94,248,000 | LKR 471,240,000.00 |
| Bank Guarantees | 172,400,000 | LKR 862,000,000.00 |
| Total | 266,648,000 | LKR 1,333,240,000.00 |
| No of shares Issued | 50,000,000 | LKR 250,000,000 |
| No of times to Oversubscribed | 5.33 | 5.33 |
Source: http://www.cse.lk/cmt/upload_cse_announcements/6101309422305_.pdf
Related Sources:
http://synergyy.com/2011/06/23/browns-investments-limited-ipo-oversubscribed/
http://synergyy.com/2011/06/18/browns-investments-limited-%e2%80%93-initial-public-offerings/
http://synergyy.com/2011/06/02/browns-investment-limited-offer-for-subscription/
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