Otara Gunewardene  took some time off her busy schedule for an exclusive to the Sunday Leader to talk about her future business plans and to divulge some interesting tidbits on her busy life. Odel is on the verge of becoming public with 11.5% of their equity up for grabs in a

Otara Gunewardene, the charismatic owner of Odel, took some time off her busy schedule for an exclusive interview with The Sunday Leader ahead of the launch of her company’s Initial Public Offering (IPO). She speaks candidly about her humble beginnings, her life, what inspires her and her plans for the

* IPO of 16.7 million shares opens 5th July * 11.5% of equity to be offered A rare opportunity presents itself for the public to share in the runaway success of a premium lifestyle brand when ODEL Limited formally opens its initial public offer on Monday 5th July, becoming Sri Lanka’s

sales recovered and margins improved, with money from a share issue to be used to retire debt and expand. The retail chain’s profits for the financial year ending March 2010, revealed for the first time, were up 313 percent from the year before when sales were flat because of the