Hotel Forest Inn Closing IPO to General Public from Today
February 9, 2026 | Investopaper
After the first phase, Hotel Forest Inn Limited is currently issuing the shares to the general public in the second phase of an initial public offering (IPO). The IPO to general public is open from Magh 22, 2082 BS.
The company is selling 33,20,000 shares at Rs. 100 per share to the general public.
Interested investors can apply for a minimum of 10 shares and a maximum of 200,000 shares.
The public offering will close on Magh 26, 2082 BS.
The company has allotted 200,000 shares to the mutual fund schemes and has reserved 80,000 shares to the employees of the company.
In total (including the first and second phase), the company is planning to float 40,00,000 unit shares to the general public. At a par value of Rs 100, the public issue amounts to Rs 40 crores.
First Phase: IPO To Foreign Employed Nepalis
In the first phase of the IPO, the company had sold 4,00,000 shares (10 percent of general public’s quota) to the Nepalis in foreign employment from Magh 4, 2082 BS.
The IPO to foreign employed Nepalis was closed on Magh 8, 2082 BS.
Interested foreign employed Nepalis could apply for a minimum of 10 shares and a maximum of 2,00,000 shares.
For this purpose, Securites Board of Nepal (SEBON) gave the approval to the company on Poush 20, 2082 BS. The company had submitted the application to the board on Karthik 15, 2080 BS. Only after receiving the approval from the regulatory body, the company can float the shares to the public.
NIC Asia Capital Limited is issue and sales manager for the public offering.
After the IPO (if fully subscribed), the general public will possess 20 percent equity in the company while the promoters will hold the remaining 80 percent shares.
About Hotel Forest Inn Limited
Hotel Forest Inn Limited, was incorporated in November 22, 2010 as a private limited company. Later, the company was converted into a public company in order to issue the shares the general public.
The company is currently operating a 5-star hotel in Budhanilkantha, Kathmandu. The hotel has land coverage of 1.24 hectare with a total of 104 rooms.
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