PickMe IPO snapped up on opening day

Saturday, 14 September 2024 01:09 -     - {{hitsCtrl.values.hits}}

The Initial Public Offering (IPO) worth Rs. 1.56 billion of Digital Mobility Solutions Lanka Ltd., the owner of leading mobility solutions app PickMe, has been oversubscribed on its opening day yesterday. 

The offer was 43,474,179 ordinary voting shares at a price of Rs. 36 per share.

The IPO by Digital Mobility Solutions Lanka Ltd., attracted applications surpassing the offer value, showcasing strong investor demand, the Colombo Stock Exchange said. 

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.