The Massif Hotel Moves Toward IPO With Nabil Investment Partnership

Nabil Investment Banking Limited and The Massif Hotel Private Limited (Royal Tulip Kathmandu, Gwarko) have signed an agreement under institutional advisory services for a “Road to IPO” initiative.

As part of the deal, Nabil Investment will assist the hotel in necessary preparations to convert from a private company into a public limited company and eventually move toward an Initial Public Offering (IPO). Once preparations are completed, the company will seek regulatory approval for public issuance.

The Massif Hotel, operating under the Royal Tulip Kathmandu brand in Gwarko, Lalitpur, is a five-star property with 308 rooms and suites, multiple conference halls, modern facilities, a health club, spa, and international dining services. The hotel aims to enhance its growth and investor reach through the IPO process.

The agreement was signed by Hotel Chairman Rajendra Shakya on behalf of The Massif Hotel and CEO Manish Narayan Joshi on behalf of Nabil Investment Banking.