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Pallavi Lubricants Ltd., located in Katahari-4, Morang, is poised to launch its Initial Public Offering (IPO) after securing the essential regulatory approvals. The firm has designated Nabil Investment Banking Ltd. as the manager for the issue.
Having been in operation for the last four years, Pallavi Lubricants features a manufacturing facility in Morang, employing a workforce of 40 and producing over 30 premium lubricant products, such as GOODRIDE SUPER SJ SAE 20W-40 API SJ and GOODRIDE 4T SAE 20W-40 API SL.
The IPO agreement was formalized by Chairman Shyam Rathi and CEO Manish Narayan Joshi from Nabil Investment Banking, with Managing Director Arun Viyani also present at the signing ceremony.
