IPO Proposal of Hotel Ichchha Added to SEBON's Pipeline
Summary
Hotel Ichchha Limited plans to issue 35 lakh shares at Rs. 100 per share, aiming to raise Rs. 35 crore, pending approval from SEBON. Himalayan Capital Limited is the issue manager, and ICRA Nepal has assigned a BB issuer rating to the company.
Key Points
- Hotel Ichchha Limited has submitted an IPO proposal to issue 35 lakh shares at Rs. 100 each, targeting Rs. 35 crore.
- The IPO proposal is pending approval from SEBON, the regulatory body.
- Himalayan Capital Limited has been appointed as the issue manager for the IPO.
- ICRA Nepal Limited assigned the company a BB issuer rating indicating moderate default risk.
