Annual Report 2010 - Ministry of Finance and Planning

Ministry of Finance and Planning Sri Lanka > Annual Report 2010New Listings in 2010Entities continue to show their interestin listing especially from the financesector. This is mainly due to the factthat all Initial Public Offers (IPOs)during 2010, were over-subscribedreflecting the positive investorappetite.Table 1.69 > IPOs and Performance in 20102010 IPOs & Performance No. of sharesissued (mn)Value of theissue (LKR mn)No. of TimesOversubscribedRenuka Agri Foods 120 270 12.07Ceylon Tea Brokers 14 28 10.52Raigam Wayamba80 200 19.71SalternsVallibel Finance 5.2 114.4 9.12Odel 16.7 250.5 63.9PC House 57.23 629.53 4.26Laughs Gas- Voting 75 1725 16.45- Non Voting 52 780 17.9Hydro Power Free Lanka 35 350 57.05*Singer Finance 26.67 400.05 120*Pan Asia Power 200 600 7* To Initiate trading in January 2011Source: Colombo Stock ExchangeTable 1.70 > New Listings in 2010 by SectorSectorNo. of Voting/ No. of Shares Value (Rs.)Issues Non-voting IndexedBanks Finance &2 Voting 27,071,193 114,400,000InsuranceBeverage Food &2 Voting 683,457,320 470,000,000TobaccoServices 1 Voting 114,000,000 28,000,000Information Technology 1 Voting 228,933,334 629,566,300Footwear & Textiles 1 Voting 144,950,000 250,500,000Power & Energy 2Voting 109,088,112 350,040,560Non-voting 52,000,000 12,250Total 9 1,359,499,959 1,842,519,110Source: Colombo Stock Exchange123