Infomerics Nepal Upgrades Rating of Lalitpur Bishal Bazar Multiplex

Infomerics Credit Rating Nepal Limited (Infomerics Nepal) has upgraded the credit ratings assigned to Lalitpur Bishal Bazar Multiplex Company Limited.

The rating for the company’s long-term bank facilities of Rs 533.54 million has been upgraded to IRN BBB- from IRN BB. Similarly, the rating for its short-term bank facilities of Rs 5 million has been upgraded to IRN A3 from IRN A4.

Lalitpur Bishal Bazar Multiplex was established in December 2001 and was converted into a private limited company in May 2012. The company developed a commercial complex on leased land in Pulchowk, Lalitpur, which began commercial operations under the brand name Labim Mall in April 2016.

The company entered into a 25-year land lease agreement with Patan Multiple Campus starting March 2016. It transitioned from a private to a public limited company on July 7, 2026, and acquired Lalit Cinemas Private Limited in May 2026.