Laxmi Techno Plast Limited (LTPL) plans to issue an IPO to the general public, offering 1,400,000 units of shares with a face value of Rs. 100 each, totaling Rs. 14,000,000 (fourteen crores only) excluding the premium amount.
The role of managing the IPO issuance and sales has been entrusted to Nepal SBI Merchant Banking Limited (NSMBL). The agreement was formalized through signatures from Mr. Anjani Nandan Maru, Managing Director of Laxmi Techno Plast Limited, and Mr. Lekhnath Pokhrel, Managing Director and Chief Executive Officer of Nepal SBI Merchant Banking Limited.
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This company stands as Nepal's exclusive manufacturing entity, offering a wide array of plastic products encompassing CPVC pipes, plastic furniture, water tanks, buckets, and household items like dustbins, airtight jars, and melamine tableware such as plates and bowls.
About Laxmi Techno Plast Limited
Established in 2005, Laxmi Technoplast Pvt. Ltd. has been dedicated to providing plastic products and furniture segments. Within this venture, both Marigold Plastics and Om Shivam Pipes and Fittings have experienced exceptional growth as prominent brands.
During this period, the company has focused on manufacturing household containers and high-quality plastic furniture designs.
The company is managed by JB Maru Group which has other several companies under its name. Some of the major enterprises managed by JB Maru Group include:
- Shivam Cement
- Shreya International Pvt. Ltd.
- Guheshwori Brand
- Laxmi Lime and Maruti Cement
Laxmi Technoplast Pvt. Ltd. presents a superior solution with its CPVC/PVC SWR pipes and fittings, catering to a wide spectrum of applications ranging from residential homes and apartments to office complexes, commercial buildings, hotels, hospitals, and more.