Sri Lanka saw a flood of new listings during a stock market bubble up to 2011, but then interest waned. But the market has since started to stabilize.
"We are seeing an increase in inquiries again," Colombo Stock Exchange chairman Krishan Balendra said.
"Since the boom that we saw valuations have been low.
"For corporate debt listings we are seeing a flood of inquiries."
In 2011, 29 companies had listed equity and 5 firms debt, the CSE said. In 2012, 17 companies had listed equity and 6 companies had listed debt.
Balendra said the fees charged by the CSE to list was only 150,000 rupees and annual fees were only 50,000.
'A guide to listing on the Colombo Stock Exchange', a has been published by the bourse giving an overview of the listing process, ranging from what company owners should consider before going public to what they can expect after a listing.
Companies that list before April 2014 with minimum public float of 20 percent will only have to pay 50 percent of corporate income tax for that year and another two years if the public holding is maintained.
Interest on listed debt has also been removed and there had been a flood of listings.
So far this year 10 debt issues have raised 24 billion rupees.