Rupakot Resort Appoints NIC Asia Capital as Issue Manager for Proposed IPO

Rupakot Resort Limited, a hospitality company based in the popular tourist destination of Rupakot, Kaski, has begun preparations to issue an IPO to the general public. The company has appointed NIC Asia Capital Limited as its issue and sales manager through a bilateral agreement.

Under NIC Asia Capital’s “Idea to IPO” initiative, the capital market firm will provide consultancy and management support to Rupakot Resort throughout the IPO process in line with prevailing laws and regulations.

Located in Rupa Rural Municipality–6, Kaski, the resort offers panoramic Himalayan views along with views of Rupa Lake and Begnas Lake and aims to develop Rupakot as a premium tourism and hospitality destination. It caters to tourists, families, corporate events, conferences, weddings and other functions.

The company has not yet disclosed the IPO size, number of shares, issue date, or other financial details. The appointment of NIC Asia Capital marks a key step toward Rupakot Resort’s entry into Nepal’s public capital market.