Lumbini Ceramics Limited to Float IPO | Appoints Nabil Investment Banking as Issue Manager
February 4, 2025 | Investopaper
Lumbini Ceramics Limited is in the process of issuing shares to the public (IPO). For this purpose, the company has appointed Nabil Investment Banking Limited as the issue and sales manager.
The agreement for public offering was signed between the company and Nabil Investment Banking Limited on this regard. Mr. Shyam Sundar Khetan, Director of Lumbini Ceramics Limited and Manish Narayan Joshi, CEO of Nabil Investment Banking inked the agreement.
Now, the company needs to submit the application to the Securities Board Of Nepal (SEBON). If approved by SEBON, the company can issue the shares to the public.
About Lumbini Ceramics Limited
Lumbini Ceramics Limited, incorporated in 2019 as a private limited company, was converted to ‘Public Limited’ company on February 23, 2023. The company is a manufacturer of ‘Glazed Vitrified Tiles’ under the brand name “Laminar”.
Recommended:
