Doleshwor Village Resort Plans IPO of 16.20 Lakhs Shares
Summary
Doleshwor Village Resort and Farm House Limited plans to issue 16.20 lakh ordinary shares, or 30% of its issued capital, to the public. The company will use the proceeds to expand its facilities in Sipadol, Bhaktapur and upgrade the property to a four-star standard.
Key Points
- Doleshwor Village Resort and Farm House Limited has proposed issuing 16.20 lakh ordinary shares to the general public.
- The company has already applied to the Securities Board of Nepal for approval to launch the IPO.
- IPO proceeds will fund expansion plans including more rooms, a swimming pool, spa, jacuzzi, seminar hall and entertainment areas.
- The AGM in Sipadol, Bhaktapur elected new directors and appointed Ramnath Mainali as chairperson.
