News & Events

hSenid Business Solutions which created a recent record of being the most successful Initial Public Offering (IPO) will debut on the Colombo Stock Exchange (CSE) tomorrow. 

Sri Lankan multinational software solutions provider, hSenid’s IPO opened on 3 December and was oversubscribed in a matter of hours, receiving over Rs. 9.3 billion worth of applications from 10,602 applicants, for a total subscription of 745,014,900 shares. 

Dinesh Saparamadu, Chairman hSenid Group of Companies, says the IT industry could very well be the silver bullet to help Sri Lanka overcome its present spate of challenges. Saparamadu, also a former Chairman of the Sri Lanka Association of Software Services Companies (SLASSCOM), explained the Association had hoped to become a billion-dollar industry by 2016, which it did. 

As hSenid Business Solutions Ltd., the Sri Lankan market leader in the Human Capital Management (HCM)-related software industry, draws closer to its highly-anticipated Initial Public Offering (IPO), an Investor Forum on the IPO will take place tomorrow, 23 November, at 10.30 a.m. at Jetwing Colombo Seven.