Kapruka shares begin trading tomorrow

The shares of Kapruka Holdings Limited will commence trading on the Main Board of the Colombo Stock Exchange, under the code ‘KPHL’, tomorrow, Friday 7, 2022. 

Kapruka Holdings Limited is the holding company of Kapruka, Sri Lanka’s pioneering e-commerce platform with a global presence. 

The company recently offered 32,826,000 ordinary voting shares to the public through its much-anticipated IPO, which was oversubscribed 5.8x times.

The issue, managed by Acuity Partners, was quickly snapped up by savvy investors at a per-share price of Rs.15.40. The capital raised by the IPO is expected to help finance Kapruka’s ambitious expansion and growth plans, which includes upgrading the existing technology and infrastructure, alongside launching various Kapruka Platform Services to carry forward new initiatives.