Purwanchal Lube Oil is Going to Issue an IPO through Book Building Process for General Public
Purwanchal Lube Oil (PLO) is going to issue 5,00,000 equity of shares to the General Public. For this IPO Prabhu Capital Limited is select as the sales manager and share issue manager.
Both parties Managing Director of Purwanchal Lube Oil Mr. Bholeshwar Dulal and the Managing Director of Prabhu Capital Limited Mr. Dinesh Thakali Signed the agreement for issuing this IPO.
In the present time, Purwanchal Lube Oil paid up a capital of 20 crores with reserve fund of rs. 23 Cr. Purwanchal Lube Oil is Going to Issue an IPO
In 2000, Purwanchal Lube Oil Pvt Ltd introduced Purwanchal Lube Oil (PLO), a well-known lubricant in the Nepali market. For the last 23 years, the business has distributed its production and sales of engine oil, lubricants, grease, and other petroleum products.
There are currently more than 93 dealers and more than 11,000 merchants offering different brands of imported lubricants throughout Nepal.
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