Are you excited to know the 7 companies of the hotel and tourism sector which are waiting for SEBON approval to issue IPO for the general public?
Table of Contents
Introduction
7 Hotel and Tourism Sector IPO are in SEBON pipeline and ready to issue IPO to the locals and general public. Hotel and Tourism sector is the prominent part of the country’s economy. With the growing scope of the Hotel and tourism, the excitement among the trader and Investor is huge.
Total of 35,360,000 units worth Rs. 3,311,000,000 on the line. It will significantly boost the Nepalese stock Market. Within the span of 6 months, we may see all these companies open for the application of the IPO.
Hotel and Tourism IPO will be a game changer for Nepse.
Company’s preview
All these seven companies are the leading company in the country. The company are issuing the IPO to increase the revenue and expand the company which helps grow the company more. Hotel and tourism sector IPO is doing exceptionally well in the NEPSE so there will be no doubt that these company will not do the same.
Apex Hospital limited, Hotel Forest inn limited, orchid Holding limited, Annapurna cable car, Bandipur cable car & tourism ltd, Akama hotel and Thamel plaza hotel & suits are the companies which are going to issue the IPO.
Apex Hospital Limited is issuing 2,400,000 units of share worth Rs. 240,000,000 per 100 face value to the general public and they have appointed Himalayan capital limited as their issue manager.
Hotel Forest inn Limited is issuing 9,800,000 units of share at the face value of Rs. 100 and Nic Asia Capital Ltd is the issue manager.
Orchid holding Ltd is issuing 11,500,000 units of share and Laxmi capital market Ltd is the issue manager.
Annapurna cable car is issuing 3,100,000 units of share to the local and general public and Muktinath capital Limited is the issue manager. Hotel and tourism sector IPO like these helps increase the tourist as it makes the travel easy. much exciting among hotel and tourism IPO.
Bandipur cable car and tourism ltd is issuing 3,060,000 units of shares and Nepal SBI Merchant Banking Limited is the issue manager.
Akama Hotel (Rebranded as Ramada Kathmandu Dhumbarahi) is issuing 4,500,000 units of shares with a per-share value of Rs. 50 and Sanima Capital Limited is the issue manager.
Thamel plaza Hotel and suited Ltd is issuing 1,000,000 units of shares and Nepal SBI merchant Banking limited is the issue manager.
Upcoming IPO in Nepal
| S.N. | Company’s Name | No. of Shares | Issue Manager |
| 1 | Apex Hospital limited | 2,400,000 | Himalayan Capital Limited |
| 2 | Hotel Forest Inn Limited | 9,800,000 | NIC Asia Capital Limited |
| 3 | Orchid Holding Limited | 11,500,000 | Laxmi Capital |
| 4 | Annapurna Cable Car | 3,100,000 | Muktinath Capital |
| 5 | Bandipur cable car and tourism Ltd | 3,060,000 | Nepal SBI Merchant Banking Limited |
| 6 | Akama Hotel | 4,500,000 | Sanima Capital Limited |
| 7 | Thamel Plaza and Suited Ltd. | 1,000,000 | Nepal SBI Merchant Banking Limited |
Implications for Investors
There is a certain risk in every sector and the investors should not hesitate to invest on these company as our country is tourism-based country and tourism is increasing day by day there will be no problem. The hotel and tourism sector’s IPO will definitely boost the country’s economy hugely for sure.
But we always encourage the investors to do their own research of the company so that they will get to know the aspect of the company and make a good decision of their financial resources.
As an individual, we should promote this kind of Companies which boost the hotel and tourism sector as both are co-related to each other.
Also check:
How to apply IPO online? click here
How to find lost CRN number easily? click here
How many companies are in the pipeline for Hotel and Tourism sector IPO?
Ans: A total of 7 companies are in the pipeline for hotel and tourism sector IPO. They are: Apex Hospital Limited, Hotel Forest Inn Limited, Orchid Holding Limited, Annapurna cable car, Bandipur cable car & tourism Ltd, Akama hotel and Thamel plaza hotel & suites.