Hilora Hills Resort to Issue 4 Million Units IPO to Fuel Expansion

Hilora Hills Resort Limited, a luxury hospitality destination in Bhaktapur, has announced plans to issue an IPO of 4 million ordinary shares at a face value of Rs. 100 per unit, aiming to raise Rs. 400 crore. Laxmi Sunrise Capital Limited has been appointed as the issue and sales manager to oversee the process.

The resort, known for its scenic location, premium facilities, and capacity to host large events, plans to use the funds to enhance infrastructure, expand services, and strengthen its presence in Nepal’s growing tourism sector. The IPO is expected to attract both domestic and international investors while marking a significant milestone in the country’s hospitality industry and boosting confidence in capital market investments.