Hela Apparel Holdings Limited Oversubscribed on the opening day

(LANKAPUVATH | COLOMBO) –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 today (12th January 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 today (12th January 2022).

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