Aayu Entertainments to Issue IPO for Fishtail Dream Park with 20% Public Offering

Aayu Entertainments Limited is set to issue an IPO for 20% of its paid-up capital at a face value of Rs. 100 per share to the public for its project, Fishtail Dream Park in Pokhara. The company has appointed Nepal Life Capital Limited as the issue and sales manager for the issuance of 30,00,000 shares. The agreement was signed by Chairman Kadam KC of Aayu Entertainments and CEO Manish Ghimire of Nepal Life Capital.

Fishtail Dream Park, developed with investment from the Sarathi Group and top entrepreneurs from Pokhara’s tourism sector, spans 57 ropani and is Nepal’s largest entertainment park, featuring a water park, rope bridge, and various adventure activities. Nepal Life Capital, a subsidiary of Nepal Life Insurance, is a licensed merchant banking institution authorized for investment management, underwriting, depository services, institutional advisory, share registration, and issue management.