Skyline Infra Appoints Himalaya Securities as Issue Manager for IPO Ahead of Landmark Project in Birgunj

Summary

Skyline Infra Limited has appointed Himalaya Securities Banker Limited as the Issue Manager for its IPO, supporting the launch of a landmark development project in Birgunj.

Key Points
  • Skyline Infra Limited (SIL) has appointed Himalaya Securities Banker Limited (HSBL) as the Issue Manager for its upcoming Initial Public Offering (IPO).
  • The agreement was signed in Birgunj with representatives from both companies and local dignitaries present.
  • SIL is developing a ten-story landmark complex in Adarsh Nagar, Birgunj, featuring a 4-star Sarovar Portico hotel and various premium amenities.
  • HSBL, a SEBON-licensed merchant banker, will manage the IPO process supporting SIL's capital market entry and growth strategy.
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