Kathmandu. Hotel Park Land has started the process of bringing an IPO. The hotel has applied to the Securities Board of Nepal (SEBON) seeking permission to bring the IPO.
If the Securities Board of Nepal (SEBON) gives the go-ahead, the hotel will float an IPO worth Rs 15 crore. As per the agreement, the hotel will be issuing 1.5 million units of ordinary shares at a face value of Rs 100.
Citizens Capital has been appointed as the issue manager for the IPO of the hotel.
