Kathmandu. Hotel Sabrina is in the process of bringing an IPO. The hotel has filed an application with the Securities Board of Nepal (SEBON) seeking permission for the IPO.
Hotel Sabrina will float an IPO worth Rs 470.4 crore if the Securities Board of India (SEBON) approves it. As per the agreement, the hotel will issue a total of 4,704,000 units of shares at a face value of Rs 100.
NIC ASIA Capital has been appointed as the issue manager for the IPO issuance.
