Hotel Garima Ltd. to Issue Rs. 40 Crore Public Shares

Hotel Garima Limited, owner of the five-star Soaltee Westend Itahari in Koshi Province, has announced a public share issuance of 40 lakh shares at Rs. 100 each, totaling Rs. 40 crore. Laxmi Sunrise Capital Limited has been appointed as the issue and sale manager, formalized through an agreement signed on Poush 25, 2082, by Hotel Garima Director Binod Paudel and Laxmi Sunrise CEO Bijaya Lal Shrestha.

The initiative reflects the company’s commitment to transparency, hospitality development, and tourism investment in Koshi Province. The hotel, managed by the Soaltee Hotel & Resort Group, features a royal suite, eight suites, eight executive rooms, 58 deluxe rooms, seven studio rooms, banquet halls, seminar facilities, a spa, gym, and restaurant-cafe lounges.