NIBL Ace Capital inks ROADMAP for an IPO AGREEMENT with Himal Water Park & Village hotel of Birgunj; to facilitate during and after IPO process of popular Clarks Resort chain in India

NIBL Ace Capital Limited has signed a Roadmap for an IPO agreement under its corporate advisory service with Himal Waterpark and Village Hotel Pvt. Ltd (Clarks Resort, Birgunj). The agreement was signed by, Mr. Sachindra Dhungana Deputy General Manager of NIBL Ace Capital Limited and Mr. Sunil Kumar Khetan, Director of Himal Waterpark and Village Hotel Pra. Li. Limited (Clarks Resort, Birgunj) in presence of Mr. Mekh Bahadur Thapa Deputy Chief Executive Officer of NIBL Ace Capital Limited, Mr. Bhuwan Raj Panta Head of Corporate Advisory Service of NIBL Ace Capital Limited and Mr. Rajesh Ranjan General Manager of Himal Waterpark and Village Hotel Pvt. Ltd (Clarks Resort, Birgunj).

The hotel was established by Sunil Kumar Khaitan, entrepreneur and director of the company from Birgunj. The structure of this hotel is spread over 122,430.48 square feet. The construction work of this hotel started from 2073 and has been completed.

Himal Waterpark and Village Hotel Private Limited (Clarks Resort, Birgunj) is the first international hotel chain of Clark Resort, a famous hotel brand in India. Clark Resort is currently operating numerous hotels across India including Jaipur, Lucknow and Agra.

According to the agreement, NIBL Ace Capital Limited will provide pre- IPO, IPO and Post-IPO service to the hotel, in the first phase NIBL capital will provide consulting services to Himal Waterpark and Village Hotel Private Limited (Clarks Resort, Birgunj)  in all preparatory work to be done by the company before the issue of shares to the general public. In the second phase, it will work as the issue manager for the public issue, and after the issue of shares, NIBL Ace Capital Limited will also provide services as the share registrar of Himal Waterpark and Village Hotel Private Limited (Clarks Resort, Birgunj) in the third phase.

NIBL Ace Capital, under its Corporate Advisory Services has been providing services like the Business Plan, Market Assessment & Feasibility, Equity Raising, and Debt Raising & Loan Syndications to help develop business.