Hotel Bhadgaon & Resort to Issue Rs. 15 Crore IPO for Five-Star Expansion in Bhaktapur

Hotel Bhadgaon & Resort, located in Bhaktapur, has announced a Rs. 15 crore IPO, offering 1.5 million ordinary shares to the public as part of its plan to upgrade to five-star standards. Operating since 2021, the hotel blends Newa architecture with modern amenities and aims to add 100 deluxe rooms, a spa, fitness center, and facilities for conferences and destination weddings.

The IPO will be managed by Muktinath Capital, and the raised capital will also support green tourism practices and tech-driven service systems aligned with SDGs. The expansion is expected to boost tourism, generate local employment, and further elevate Bhaktapur’s status as a premier cultural destination in Nepal.