NPI Narayani Community Hospital to Launch IPO, Appoints Nabil Investment Banking as Issue Manager

NPI Narayani Community Hospital Limited has announced plans to issue an Initial Public Offering (IPO) to the general public in the near future, subject to necessary approvals from regulatory authorities in accordance with prevailing securities regulations. The company has appointed Nabil Investment Banking Limited as the issue and sales manager for the public offering.

With an issued capital of NPR 3.5 billion, the hospital plans to offer 20 percent of its shares to the public, while the remaining 80 percent will be retained by the promoter group. The IPO is being launched to raise additional capital for service expansion, particularly to support the completion of a 400-bed general and cancer hospital currently in its final construction phase.

Established in 2006 (BS 2063), NPI Narayani Community Hospital provides healthcare services along with various educational programs. The hospital currently records an annual turnover of NPR 1.15 billion and employs more than 425 staff members. The IPO agreement was signed by hospital director Chudamani Khanal and Nabil Investment Banking CEO Manish Narayan Joshi, in the presence of other company directors.