Hela Apparel Holdings Limited oversubscribed on the opening day


The Initial Public Offering (IPO) of Hela Apparel Holdings Limited, through an offer for subscription of 267,108,998 shares at a price of Rs. 15 per share, which opened on Ja]nuary 12, 2022,]]] was oversubscribed on the initial day itself.

The IPO by Hela Apparel Holdings Limited received applications for over the IPO value of Rs. 4 billion, and this IPO is the largest issue since 2011. The issue will be closed at 4.30 pm on 12th January 2022.

Colombo Stock Exchange (CSE):                                                      

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