News and Events

Most successful IPO hSenid to debut on CSE tomorrow

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.

hSenid prepares for IPO; believes IT sector is Silver Bullet for country’s economic ills

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.

hSenid to become first listed enterprise software firm on CSE as it plans Rs.700mn IPO

Has already submitted IPO application to CSE to list 20% stake to raise Rs.700mn
Eyes acquisitions in APAC region and Africa following IPO

Sri Lanka’s market leader in the Human Capital Management (HCM) related software industry hSenid Business Solutions Limited is gearing to raise up to Rs.700 million offering 20 percent stake in the company through an initial public offering (IPO) while becoming the first enterprise software company to be listed on the Colombo Stock Exchange (CSE).

hSenid Biz Solutions IPO Investor Forum tomorrow

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.