A total of 17 companies in Nepal’s hospitality and aviation sectors are preparing to issue primary shares worth around Rs 6 billion, signaling growing activity in the country’s capital market.
According to the Securities Board of Nepal (SEBON), 14 tourism-related companies have already applied for approval to launch initial public offerings (IPOs), collectively aiming to raise over Rs 5.21 billion. The remaining three applicants are airline operators.
Among the applicants, three five-star hotels are set to issue more than 1.745 million shares to the public. Akama Hotel Limited plans to issue 4,285,800 shares worth Rs 428.58 million, while Varnabas Museum Hotel has proposed 3,960,000 shares worth Rs 396 million. Similarly, Hotel Ichchha Limited intends to float 3,500,000 shares worth Rs 350 million.
Several other hospitality ventures are also in the pipeline. Apex Hospitality has applied for 2.25 million shares, Annapurna Cable Car for 4.34 million shares, and Thamel Plaza Hotel and Suites for 2.25 million shares. Mountain Glory Limited plans to issue 4 million shares, Maulakali Cablecar 1,879,130 shares, Nagarkot Resort 1.5 million shares, and Hotel Sabrina 4.704 million shares.
Likewise, Holiday Inn Express has sought approval for 3.8 million shares, Atithi Resort and Spa for 1.625 million units, and Hotel Park Land for 1.5 million units.
In the aviation sector, Shree Airlines, Prabhu Helicopters, and Kailash Helicopters have also applied to issue IPOs. Among them, Shree Airlines has proposed issuing shares at a premium price of Rs 200 per unit, while Kailash Helicopters plans to issue 350,000 units at Rs 327 per share. Prabhu Helicopters aims to raise Rs 612.50 million by issuing 6.125 million shares.
The surge in IPO applications reflects increasing investor interest and expansion plans in Nepal’s tourism and aviation industries.
