Hotel Forest Inn Limited is set to issue its initial public offering (IPO) for the general public starting tomorrow, Magh 22. The company plans to offer a total of 3,320,000 ordinary shares in this public offering.
Applications for the IPO can be submitted until Magh 26. Investors are eligible to apply for a minimum of 10 shares and a maximum of 200,000 shares.
NIC Asia Capital Limited has been appointed as the IPO issue and sales manager. The company had previously issued shares specifically for Nepalese working abroad, which have already been distributed.
The Securities Board of Nepal had granted permission for the IPO on Poush 20, allowing Hotel Forest Inn Limited to proceed with the public offering.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
