Shree Lumbini Ceramics IPO Nepal: Vitrified Tiles Share Offering
Shree Lumbini Ceramics Limited is set to offer shares to the public after securing the necessary approvals from regulatory authorities.
Shree Lumbini Ceramics IPO Nepal
The company will comply with all required regulations for securities registration and share distribution. Nabil Investment Banking Limited has been appointed as the manager for the share issuance and sales process.
Pioneering Laminar Tiles
Shree Lumbini Ceramics is famous for producing Laminar Tiles, Nepal’s first fully vitrified tiles. These tiles meet global quality standards and are available in various designs and options for consumers. The company’s manufacturing plant is located in Gulriya, Bardiya, covering 12.5 bighas of land.
Key Agreement Signed
An official agreement was signed today between Shree Lumbini Ceramics’ director, Shyam Sundar Khetan, and the CEO of Nabil Investment Banking Limited, Manish Narayan Joshi. This agreement marks an important milestone in the company’s journey toward the public share offering.
Production Facility in Bardiya
The company’s production facility in Bardiya plays a vital role in its operations. Spanning a large area, the plant produces Laminar Tiles that meet international standards. Shree Lumbini Ceramics plans to use this facility to expand its market presence both within Nepal and internationally.
Future Plans for Growth
Shree Lumbini Ceramics aims to attract more investment through the public share offering to support its growth and expand its operations. The partnership with Nabil Investment Banking Limited will help streamline the share issuance process, making it easier for investors to participate.
The company’s efforts in launching the public offering are expected to strengthen its position in Nepal’s ceramics industry. With public investment, Shree Lumbini Ceramics plans to expand operations, improve production, and enhance product quality. This move will solidify its presence locally and open doors for international expansion. Additionally, the public offering provides an attractive investment opportunity as demand for high-quality ceramics continues to rise.
