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PickMe Ushers in a New Era for Sri Lanka’s Digital Landscape with Listing on CSE

The shares of Digital Mobility Solutions Lanka Ltd (CODE: PKME-N-0000) commenced trading on
the Colombo Stock Exchange (CSE) on 3 rd October 2024. The shares are listed on the Main Board
of the CSE under the ‘Passenger Ground Transportation’ sector. The occasion was marked with
a special Bell Ringing Ceremony.
The Company’s Offer for Sale of 43,474,179 ordinary voting shares at LKR 36.00 per share was
successfully oversubscribed by 2.7 times, demonstrating strong investor confidence in its
prospects.
The event was attended by Digital Mobility Solutions Lanka Ltd. (PickMe) Founder and CEO, Mr.
Jiffry Zulfer; Chairman and Director, Mr. Ajit Gunewardene; Head of Corporate Finance and
Director, Ms. Tasnim Salie; CFO, Mr. Maduranga Kulathilaka; and COO, Mr. Isira Perera.
Representing the Joint Managers to the issue, Group COO & Head of Investment Banking of CT
CLSA, Mr. Zakir Mohamedally; and CEO of CAL Partners, Mr. Nishok Goonasekera attended the
event.

Also present at the event were Directors of Digital Mobility Solutions Lanka Ltd, Mr. Conrad
Dias, Mr. Ruchi Gunewardene, Mr. Travis Roche, and Mr. Mano Rajakarier, along with
Precedent Partner, Heritage Partners, Dr. Arittha Wikramanayake; Chairperson, SLASSCOM, Mr.
Nishan Mendis; and Chairman, FITIS, Mr. Indika De Soyza including key management personnel
of PickMe.
The Colombo Stock Exchange was represented at the event by its Chairman, Mr. Dilshan
Wirasekara; CEO, Mr. Rajeeva Bandaranaike; CRO, Mr. Renuke Wijayawardhane, VP – Listing,
Ms. Kanishka Munasinghe and members of the CSE Senior Management.
Delivering the opening remarks, CSE Chairman Mr. Dilshan Wirasekara congratulated Digital
Mobility Solutions Lanka Ltd on their achievement, “As one of Sri Lanka’s leading digital

mobility platforms, we are pleased to welcome PickMe to the CSE. This listing marks a
significant milestone for both the Company and the country’s capital market, and we look
forward to their continued growth. The Colombo Stock Exchange offers a wide range of capital-
raising opportunities, and we encourage companies like PickMe to leverage the capital market
through equity, debt, or any of our other innovative financial instruments to pursue growth and
create value for their stakeholders.”

Mr. Ajit Gunewardene, Chairman and Director of Digital Mobility Solutions Lanka Ltd, shared his
thoughts on the debut, “It’s been a decade-long journey from a simple idea to becoming a
publicly listed company on the main board of the CSE. This success exemplifies the powerful
confluence of strong governance, visionary investors, and exceptional execution by a world-
class team—all driven by the transformative power of technology. As a technology-driven
business, the growth opportunities are immense, with innovation and scalability continuously
opening new frontiers for expansion and value creation.”

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Speaking on the momentous occasion, Mr. Jiffry Zulfer, Founder and CEO of Digital Mobility
Solutions Lanka Ltd stated, “PickMe is built on a simple idea that has become a life-changing
solution. The transformation, however, unfolds through the complex process of digitization.
The result is revolutionary wealth, prosperity, and ease of life. Making it happen requires the
will to change!”

Digital Mobility Solutions Lanka Ltd, a leading digital mobility service provider in Sri Lanka,
known for its flagship brand PickMe, has revolutionized urban mobility through technology,
offering ride-hailing and logistics services. PickMe is now one of the country’s top brands,
serving millions of users across a wide range of digital transportation and delivery services while
outperforming global competitors. We congratulate PickMe and wish them continued success.

Photograph

 

 

(L-R) Ms. Kanishka Munasinghe, Mr. Zakir Mohamedally, Mr. Isira Perera, Mr. Maduranga Kulathilaka, Mr. Rajeeva
Bandaranaike, Mr. Ajit Gunewardene, Mr. Jiffry Zulfer, Ms. Tasnim Salie, Mr. Dilshan Wirasekara, Mr. Renuke
Wijayawardhane, and Mr. Nishok Goonasekera.
——————————————————————————————————————————————
About CSE
The Colombo Stock Exchange (CSE) operates the only stock market in Sri Lanka and is responsible for providing a
transparent and regulated environment where companies and investors can come together. The CSE is a company
that is limited by guarantee established under the Laws of Sri Lanka. The CSE is licensed by the Securities and
Exchange Commission of Sri Lanka (SEC) and is a mutual exchange consisting of 15 Members and 13 Trading
Members. All Members and Trading Members are licensed by the SEC to operate as Stockbrokers. For more
information, please visit: www.cse.lk.

For more information:
Niroshan Wijesundere
Senior Vice President – Marketing
Colombo Stock Exchange
Level 4, West Block,
World Trade Center, Echelon Square,
Colombo 01.
Sri Lanka.
Direct     + 94 112356510
Mobile   + 94 777 819999
Fax          + 94 112445279

The post PickMe Ushers in a New Era for Sri Lanka’s Digital Landscape with Listing on CSE appeared first on Newswire.

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