Orient Finance IPO raises Rs987 mln on opening day
Jan 26, 2016 (LBO) – Orient Finance PLC’s initial public offering had received applications for shares worth 986.9 million rupees on Monday, the company said in a statement to the Colombo Stock Exchange.
The company is offering 71.5 million voting shares at 15 rupees a share to raise 1,072.5 million rupees.
The IPO received 262 applications for shares worth 136 million rupees, and one application for 850.9 million rupees, the company said.
that means the real demand is for 136 million rupees