JF Packaging IPO Opens Tomorrow

The Initial Public Offering (IPO) of Shares of JF Packaging Limited, one of Sri Lanka’s leading and multi-award-winning flexible packaging solutions providers, will open tomorrow, October 30. The Issue will see 51,724,144 Ordinary Voting Shares of JF Packaging Limited offered to the public at an Issue Price of LKR 11.60 per share, with the Company seeking to raise a total of LKR 600 million through public investment, and a listing on the Main Board of the Colombo Stock Exchange.

JF Packaging Limited serves a prestigious portfolio of local and international clients, delivering sustainable, innovative, and high-quality packaging solutions across diverse industries. The IPO is attractively priced at a 26.8% discount to the average fair value, offering investors an opportunity for potential upside alongside the Company’s growth journey.

Following a well-received Investor Forum that drew robust engagement from domestic and international investors including high-net-worth individuals, retail participants, and institutional funds, there is strong market anticipation that the Issue will experience a high demand.