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.
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