The Initial Public Offering (IPO) of Shares of JF Packaging Limited, one of Sri Lanka’s leading and multi-award-winning flexible packaging solutions providers, will open next week on October 30th. The Issue will see 51,724,144 Ordinary Voting Shares of JF Packaging Limited offered to the public at an Issue Price of LKR 11.60 per share, with the Company seeking to raise a total of LKR 600 million through public investment, and a listing on the Main Board of the Colombo Stock Exchange.
JF Packaging Limited is a strong player in Sri Lanka’s packaging industry, catering to both local and international clients across diverse sectors, with a strong focus on sustainability, innovation, and operational excellence. The Issue presents investors with a compelling opportunity, with the IPO priced at a 26.8% discount to the average fair value derived through multiple valuation methodologies.
The Company’s recently concluded Investor Forum witnessed active participation from both domestic and international investors, including high-net-worth individuals, retail investors, and several institutions and funds.
