The shares are listed on the Main Board of the CSE under the ‘Diversified Financials’ sector.
The occasion was marked with a special Bell Ringing Ceremony.
The Company’s Offer for Subscription of 157,500,000 ordinary voting shares at LKR 10.00 per share marked a significant milestone in its growth journey and attracted strong investor interest.
The event was attended by Capital Alliance Holdings Limited Group Founder and Non-Executive Non-Independent Director, Mr. Ajith Fernando; Chairman of the Board of CALH, Mr. Dinesh de Zoysa; CALH Group CEO, Mr. Kanishke Mannakkara; CALH Chief Risk Officer, Ms. Sharmali Perera; Chief Information Officer, Mr. Tharindra Kulasinghe; Chief Strategist, Mr. Udeeshan Jonas; Chief Human Resource Officer, Ms. Anushi Jayasinghe; and CEO of CAL Partners, Mr. Nishok Goonasekera.
Representing the Colombo Stock Exchange were its Chairman, Mr. Dilshan Wirasekara; CEO, Mr. Rajeeva Bandaranaike; CEO Designate, Ms. Vindhya Jayasekera; and CRO, Mr. Renuke Wijayawardhane, including other members of the CSE Senior Management.
Delivering the opening remarks, CSE Chairman Mr. Dilshan Wirasekara congratulated Capital Alliance Holdings Limited on their achievement, stating,
“CAL has consistently pushed boundaries in the capital market over its 25-year journey, delivering many firsts in the market and setting benchmarks for others to follow.
Given the success of the IPO, we are confident of a strong market debut and notable price appreciation.”
He went on to say, “It is important that capital market participants - the intermediaries themselves, utilise the platform to list.
At a time when the country urgently requires a more robust capital market structure, it is imperative that we move beyond traditional financial services and fully harness the potential of capital markets to raise capital efficiently and contribute meaningfully to national economic growth.”
Speaking on the momentous occasion, Mr. Kanishke Mannakkara, Group CEO of Capital Alliance Holdings Limited, stated,
“15x oversubscription with over 20 billion Rupees worth of applications shows the potential of our capital market if you present a compelling investment proposition.
We are grateful to the investors who have placed their trust in us, and we are committed to delivering value to them by unlocking the power and potential of frontier markets around the world.”
Capital Alliance Holdings Limited is one of Sri Lanka’s leading frontier-market investment banks, offering integrated debt and equity capital-markets services, securities trading, and wealth management.
Since its inception in 2000, the company has grown to serve clients across Sri Lanka, Bangladesh, and the UAE, and is now expanding its footprint into Kenya, continuing to play a pivotal role in shaping the capital market landscape.
Photo Caption Left to Right Mr. Tharindra Kulasinghe, Ms. Anushi Jayasinghe, Mr. Ajith Fernando, Mr. Kanishke Mannakkara, Mr. Rajeeva Bandaranaike, Mr. Dinesh de Zoysa, Mr. Dilshan Wirasekara, Ms. Vindhya Jayasekera, Mr. Renuke Wijayawardhane, Ms. Sharmali Perera, and Mr. Udeeshan Jonas.