Companies

WealthTrust Securities IPO Oversubscribed Within Minutes

The IPO of WealthTrust Securities Limited (WTS) was oversubscribed within minutes, prompting closure at 4.30 p.m.

The Issue offered 71,548,244 Ordinary Voting Shares at LKR 7 each to raise LKR 500,837,708, and will list on the Diri Savi Board of the Colombo Stock Exchange.

A Primary Dealer authorised by the Central Bank of Sri Lanka and licensed by the Securities and Exchange Commission of Sri Lanka as a Stock Broker (Debt) and Stock Dealer (Debt), WTS drew strong investor demand.

Proceeds will strengthen core capital, enhancing buffers ahead of phased minimum core capital increases effective 1 January 2026 and 1 January 2027.

The capital raise is expected to strengthen WTS’s capacity to absorb market and interest-rate risk exposures from its primary dealer operations, supporting long-term value creation.