Shares of retail brand ODEL commenced trading on the Diri Savi Board of the Colombo Stock Exchange, and early transactions saw the price of the share move to Rs 35, as a result of investor interest. The share was offered at Rs 15 at the milestone Initial Public Offer of ODEL, which opened and closed after it was oversubscribed 64 times.
Otara Gunewardene, founder and CEO of ODEL was at the Colombo Stock Exchange to witness the debut of trading of ODEL shares.