Kathmandu. Laxmi Sunrise Capital Limited has been appointed as the issue manager for the issue of Initial Public Offering (IPO) of 50,00,000 units of face value of 100 units of face value to the general public.
On the behalf of NepaliRica Hotels, Chairman Bholeshwor Dulal and Chief Executive Officer of Laxmi Sunrise Capital Limited Mr. Bijay Lal Shrestha signed a bilateral agreement for the issuance of the shares.
This move reflects NepaliRika Hotels Limited’s commitment to growth, company transparency as well as expansion of investment opportunities in Nepal’s hospitality industry and tourism development, especially in Morang Province.”
NepaliRika Hotel in Biratchowk in eastern Nepal offers 146 beautifully decorated rooms and suites. This luxury property features spacious multi-venue areas that are ideal for hosting dream weddings and sophisticated conferences, fully equipped to meet the needs of frequent corporate events.
NepaliRika Hotel in Damak has 39 well-appointed rooms and suites, restaurant and bar located on a heritage block built in traditional Nepali architecture. The hotel also offers banquets and conferences and swimming pools for 50 to 1500 people.
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