šŸ“ˆ WealthTrust Securities Surges 167% in CSE Debut

Source

WealthTrust Securities Limited (WLTH.N0000) marked a stellar entry into the equity market today, with its share price skyrocketing on the first day of trading. • Market Performance: The share closed at Rs 18.70, a massive 167.14% increase (up Rs 11.7) from its IPO price of Rs 7.00. • IPO Recap: The initial offer on 17th December 2025 was oversubscribed, raising LKR 500.84 Mn through the issuance of 71.54 Mn ordinary voting shares. • Strategic Shift: Known as a leading primary dealer in government debt, this listing on the Diri Savi Board signals a major move to diversify into the equity market. • Financial Standing: The company holds an "A- (Positive)" rating from the Lanka Rating Agency. • Broader Context: This debut follows a record-breaking 2025 for the CSE, which saw 24 new listings and ended the year with a market cap of Rs 8.068 Tn. Diversification into the equity market is expected to leverage the firm's expertise in treasury bonds to deliver enhanced value to its new shareholder base.

Listen to this article

Duration: 1:16