7 Companies from Hotel & Tourism Sector to Issue IPO

January 3, 2025 | Investopaper

As of Mangsir’s end, 2081 BS, there are 6 companies from Hotel and Tourism sector that have floated shares to the public and the shares are listed in Nepal Stock Exchange (NEPSE). These companies include:

SN Name  Symbol 
1 Soaltee Hotel Limited SHL
2 Taragaon Regency Hotel Limited TRH
3 Oriental Hotels Limited OHL
4 Chandragiri Hills Limited CGH
5 Kalinchowk Darshan Limited KDL
6 City Hotel Limited CITY

There are 7 more companies from Hotel and Tourism sector waiting in line to issue the shares in the Initial Public Offering (IPO). These companies have already appointed the issue and sales manager for the IPO and have submitted an application to the Securities Board of Nepal (SEBON). Only after the permission from the regulatory body SEBON, the companies can float the shares to the general public.

The table below presents the list of companies from hotel and tourism sector which are in pipeline to issue the shares.

S.N Name of Company No. of share Issue Manager Date of
Application to SEBON
1 Apex Hospitality Limited
(For General Public)
          2,400,000 Himalayan Capital Limited 2080/06/12
2 Hotel Forest Inn Ltd.           9,800,000 NIC Asia Capital Ltd. 2080/07/15
3 Orchid Holdings Ltd.
(For General Public)
        11,500,000 Laxmi Capital Market Ltd. 2080/08/13
4 Annapurna Cable Car
(For local and General Public)
          3,100,000 Muktinath Capital Limited 2080/09/16
5 Bandipur Cable Car and Tourism Ltd
(For local and General Public)
          3,060,000 Nepal SBI Merchant Banking
Limited
2081/02/22
6 Akama Hotel Limited
(For General Public @50)
          4,500,000 Sanima Capital Limited 2081/03/26
7 Thamel Plaza Hotel and Suites Ltd.
(For General Public)
          1,000,000 Nepal SBI Merchant Banking
Limited
2081/07/21

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