The Rs. 120 million initial public offering of Trade Finance and Investments Ltd (TFI) was nearly three times oversubscribed, a stock exchange filing showed.
The IPO received 820 applications with payments made via bank drafts and cheques for 10.7 million shares valued at Rs. 214.7 million and three applications with bank guarantees for 140 million shares amounting to Rs. 140 million.
source - www.island.lk
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