Nepalirika Hotel Limited to Launch Rs. 50 Crore Public Share Issue
Summary
Nepalirika Hotel Limited in Biratchowk is launching a Rs. 50 crore public share issue to support growth and investment in Nepal's tourism sector.
Key Points
- Nepalirika Hotel Limited is issuing 50,00,000 ordinary shares at Rs. 100 each to raise Rs. 50 crore.
- LS Capital Limited has been appointed as the issue and sale manager for the share issuance.
- The funds raised will support company growth and investment in Nepal’s tourism and hospitality sector, especially in Morang Province.
- Nepalirika Hotel operates 146 rooms in Biratchowk and 39 rooms in Damak with multiple facilities including banquet and conference halls.