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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