Lumbini Ceramics to Issue IPO, Nabil Investment Appointed as Issue Manager

Lumbini Ceramics to Issue IPO, Nabil Investment Appointed as Issue Manager

Lumbini Ceramics Limited, the manufacturer of Laminar Tiles, is set to issue its Initial Public Offering (IPO). The company has received approval from regulatory authorities and is expected to launch the IPO within the next six months. Nabil Investment Banking Limited has been appointed as the issue manager for the share issuance.

According to company chairman Subrat Dhital, Laminar Tiles has gained widespread popularity in the Nepali market as a premium vitrified tile brand. The company’s state-of-the-art production facility in Gulariya, Bardiya, uses advanced European technology to manufacture high-quality tiles. These tiles are approximately 99.92% waterproof and are said to be three times more durable than regular ceramic tiles. With a commitment to international quality standards, the company aims to provide consumers with superior and long-lasting tile options in Nepal.