Service Long March Tyres Plans IPO to Join Pakistan Stock Exchange

Lahore: Service Industries Limited, through its subsidiary Service Long March Tyres (Private) Limited (SLM), is set to enter the capital markets with an Initial Public Offering, according to a disclosure made on December 5, 2025. This move aims to list SLM on the Pakistan Stock Exchange Limited, marking a significant development for the company.

The announcement of the board meeting was made in line with the requirements outlined in the Rule Book of Pakistan Stock Exchange Limited (PSX) and the applicable provisions of the Securities Act, 2015. The company, based in Lahore, intends to keep the PSX informed about further developments regarding this strategic financial maneuver.

According to information available from the Pakistan Stock Exchange (PSX), the decision to pursue an IPO reflects a strategic effort by Service Industries Limited to enhance its financial flexibility and market presence. The disclosure form attached to the announcement provided essential details, including the registered address of the company at Servis House, 2-Main Gulberg, Lahore, and contact information for Mr. Waheed Ashraf, the Company Secretary.

This move underscores Service Industries Limited’s commitment to expanding its market footprint and leveraging the opportunities offered by the public market. Further updates from the company are anticipated as the IPO process progresses.