Agarapatana IPO (Initial Public Offering)

Ipo Highlights

LKR 9.00

IPO Price per Share

LKR 747.6Mn

Offer Size

Ordinary Voting

Type of Shares

LKR 83.07Mn

Shares Offered

Resources

Prospectus

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Retail and Non Retail

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Virtual Investor Forum

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At a Glance

Agarapatana Plantations estates are located in the Agras valley and Uva regions in Sri Lanka. Properties held by Agarapatana Plantations include historical properties like Dambetanne Estate situated in the Badulla district in the Uva province of Sri Lanka and ranges in elevation from 1509m to 1936m above sea level. Dambatenna is intrinsically linked to the history of Ceylon Tea. Also, Agarapatana Plantations Limited owns 11 prime tea estates in the Agras valley, one of the most prestigious tea regions in the country, often referred to as the “Golden Valley” of Ceylon Tea

Committed to Responsible Tea - How Agarapatana's Commitment to Sustainability has Delivered Record Profits Amidst a Turbulent Economy

Despite unprecedented economic turbulence, Agarapatana Plantations Limited (Agarapatana), one of Sri Lanka's leading tea growers and producers, achieved record profits in just the 1st three quarters of FY 2022/23. In this exclusive interview, Director - Finance at Agarapatana, Kowdu Mohindeen discusses how this feat was achieved through various strategic decisions and a focus on sustainability, supported by technology, and guided by a commitment to environmental and social responsibility.

Sustainability, Innovation and Growth in Sri Lanka's Agriculture Sector

Agarapatana Plantations Limited is a leader in Sri Lanka's agricultural sector, particularly with regard to tea, with a strong focus on sustainability and innovation. Agarapatana's commitment to modern manufacturing, automation, and mechanization has enabled it to achieve high levels of efficiency and productivity, while also minimizing its environmental impact.

We sat down with S. D Rajendram Arupragasam, Chairman at Agarapatana Plantations as he discussed the Company's growth trajectory within the context of the present economic environment.