Himal Waterpark & Village Hotel To Float IPO | Appoints NIBL Ace Capital As Issue Manager

December 8, 2022 | Investopaper

Himal Waterpark and Village Hotel Limited is in the process of issuing shares to the general public (IPO). For this purpose, the company has appointed NIBL Ace Capital Limited as the issue and sales manager.

The agreement was signed by Mr. Sachindra Dhungana, Deputy General Manager of NIBL Ace Capital and Mr. Sunil Kumar Khaitan, Director of Himal Waterpark and Village Hotel Limited.

Now, the company needs to submit the application to the Securities Board Of Nepal (SEBON) after completing the necessary procedures. Only after the approval from the regulatory body SEBON, the company can sell shares to the public.

Related: Upcoming Initial Public Offerings (IPO) In Nepal

About Himal Waterpark and Village Hotel Limited

Himal Water Park and Village Hotel is the first international hotel chain of the India’s leading hotel brand Clarks Group of Hotels.

The construction of the hotel, started in 2073 BS, has been completed. The hotel is established by a a young entrepreneur from Birgunj, Sunil Kumar Khaitan.


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