Arpico Insurance in Rs. 79.5 m IPO

Monday, 1 December 2014 00:50 -     - {{hitsCtrl.values.hits}}

Arpico Insurance Ltd., will list on the Colombo Stock Exchange with a Rs. 79.5 million IPO, up for grabs from tomorrow. The Company will issue 6.63 million shares at Rs. 12 each. The CSE has approved in principle for the listing of Company shares on the Diri Savi Board. Official opening is 11 December whilst public can begin subscription from 2 December. Managers to the issue are Arpico Ataraxia Asset management. Once the IPO is completed it will be the 294th listed firm.

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