Friday, July 25, 2025

Hotel Siraichuli in Chitwan to issue IPO

Kathmandu, July 23

Hotel Siraichuli Limited of Bharatpur in Chitwan is all set to issue shares to the general public.

The company announced that it has initiated the process to obtain the necessary approvals from regulatory bodies in accordance with the prevailing Securities Registration and Issue Regulations, as well as the Securities Issuance and Allotment Guidelines.

For the purpose of managing the share issuance and sales, the company has appointed Nabil Investment Banking Limited as the issue and sales manager.

Located in Bharatpur Metropolitan City–10, Hotel Siraichuli is a modern four-star hotel, built with contemporary architecture, the company informed in a statement on Wednesday.

It features modern accommodation, a multi-cuisine restaurant, three banquet halls, five boardrooms, an infinity swimming pool, rooftop restaurant, poolside bar, gym, and spa.

Situated in the heart of Chitwan’s bustling urban centre, the hotel provides scenic views of the Himalayan mountain range. According to the company, its elegantly decorated rooms and suites offer a luxurious stay, allowing guests to unwind and rejuvenate during their travels.

Chudamani Khanal, Chairperson of Hotel Siraichuli, and Manish Narayan Joshi, CEO of Nabil Investment, signed the agreement in the presence of the issuing company's Managing Director Bishnu Kunwar and board member Baburam Upadhyaya.

Published in The Rising Nepal daily on 24 July 2025.   

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