During a short period, Browns Investments has capitalized on opportunities and grown exponentially. We, a company driven by a strong team with a natural instinct to maximize opportunities are well positioned to capitalize on the post war boom. The investments in the sectors within which we chose to operate have flourished, securing high returns at all times. In addition to funding we have provided managerial skills and financial expertise to the investee companies. Today we operate in growing sectors of the economy including leisure, plantation, construction, manufacture and export. Our portfolio investments have out-performed the market.
With view to further expansion the company issued new shares by way of Private Placement in February 2011 and had its' Initial Public Offering on 23rd June 2011. The issue was oversubscribed many times and the shares commenced trading on 26th July 2011. Through the Private Placement the company issued Rs. 830 mn shares at Rs. 5/- per share and via the Initial Public Offering the company issued Rs. 50 mn at Rs. 5/- per share.