Prime Lands Residencies Limited has shaped the nation’s horizon with 35 projects completed to date; 05 projects in progress and 05 projects ready for launch in 2021.

Offer at a glance

Type of the shares to be issued

Ordinary Voting Shares

Total number of shares to be issued

100,000,000 with the Option to Issue further 87,500,000

Share issue price (LKR)

LKR 10.40 per share

Total funds to be raised

LKR 1.95 Bn

Expected IPO execution timeframe

11th May 2021

Managers to the Issue

Acuity Partners (Pvt) Ltd

News and Releases

Prime Lands Residencies IPO Fully Oversubscribed!

Online application for Sri Lankan residents

Online Application
  Apply Now
Submit your application and payment slip

A guide on how to apply online

In order to fill the application please use adobe acrobat


Manual Application Form
Investor Presentation

Highlights of the IPO Investor Forum

Mr. Brahmanage Premalal
Group Chairman – Prime Group

Having developed the most trusted real estate brand for the past 25 years, we have decided to broad base the ownership of Prime Lands Residencies to provide an opportunity for market participants to be a part of our success story.

Therefore, I extend this invitation to investors to subscribe to the IPO, and benefit from the impressive growth the real estate sector is seeing today. We have exciting plans for the future, and stand true to our commitment to creating a better place on earth.

The issue opens on the 11th of May. We look forward to your participation.

Mr. Ray Abeywardena
Group Managing Director / CEO - Acuity Partners (Pvt) Ltd

We at Acuity are honored to be selected as the sole manager & financial advisor to the upcoming IPO of Prime Land Residencies. We have attractively priced the share backed by a 40% dividend payout as proposed by the Company & the strong projected growth prospects. We are confident that the firm will continue to deliver on their promises.

For more information

Call now 0112 206 216

Our Projects

Achievements of Prime Lands Residencies Ltd