Nepalirika Hotel Limited, a prominent hotel in Eastern Nepal dedicated to world-class hospitality, has announced plans to issue 5,000,000 ordinary shares at a face value of Rs. 100 each, raising a total of Rs. 50,00,00,000. The company has appointed LS Capital Limited as the issue and sales manager for the public share offering.
Strategic Partnership for Share Issuance
A bilateral agreement for the share issuance was signed on Magh 29, 2082, at Laxmi Sunrise Capital Limited in Baneshwor, Kathmandu, between Nepalirika Hotel Limited’s Chairman, Bholeshwor Dulal, and Chief Executive Officer of Laxmi Sunrise Capital Limited, Bijay Lal Shrestha. The agreement formalizes the plan to launch the public share offering in the near future.
Officials stated that this move reflects the company’s commitment to development, transparency, and expanding investment opportunities in Nepal’s hospitality and tourism sector, particularly in the Morang Province region.
About Nepalirika Hotel: Luxury Meets Tradition
Nepalirika Hotel in Biratnagar is a premier destination for luxury accommodation in Eastern Nepal. The property features 146 elegantly designed rooms and suites, making it ideal for weddings, large-scale conferences, and corporate events. The hotel boasts expansive multi-functional spaces fully equipped to meet modern hospitality standards.
Another branch in Damak offers 39 tastefully decorated rooms and suites along with heritage-inspired architecture reflecting traditional Nepali design. Guests enjoy a range of amenities, including restaurants, bars, conference halls, and a swimming pool. The facilities can accommodate events ranging from 50 to 1,500 participants, making it a versatile venue for both social and corporate gatherings.
Strengthening Regional Tourism and Investment
The planned public share issuance is expected to strengthen Nepalirika Hotel’s financial base, enabling further expansion and development of the property while enhancing investor confidence in the region’s growing hospitality market.
Industry experts note that such investments will not only promote tourism but also create employment opportunities and contribute to the sustainable growth of the hospitality sector in Eastern Nepal.
Nepalirika Hotel Limited aims to leverage this capital infusion to enhance its facilities, improve service quality, and expand its presence in key tourist destinations across Nepal. The initiative demonstrates the company’s strategic vision to blend luxury hospitality with cultural heritage, attracting both domestic and international travelers.
