Chrissworld share makes impressive CSE debut

• Share closes more than double the issue price

The shares of Chrissworld Limited, which commenced trading on the Colombo Stock Exchange yesterday, performed impressively with the share closing more than double the 
issue price.

Chrissworld Limited which offered shares through its IPO at Rs.7.50 each, opened trading at Rs.9.00 yesterday and hit an intra-day high of Rs.20.9 before closing at Rs.17.10, up 128 percent 

or Rs.9.60. The Chrissworld share contributed Rs.254 million for the day’s turnover with over 18 million shares  being traded. Chrissworld Limited is the first company to be listed on the Empower Board of the CSE, and the listing is followed after a successful IPO held on 27th April 2021. The IPO was oversubscribed on the first day itself and raised Rs.56.25 million.