APHL Hospitality Gets SEBON’s Green Light for NPR 240 Million IPO

GP Chudal

APHL Hospitality

APHL Hospitality Gets SEBON’s Green Light for NPR 240 Million IPO

APHL Hospitality, a leading company in the hospitality industry, has secured approval from the Securities Board of Nepal (SEBON) to issue 2,400,000 shares to the public, raising NPR 240,000,000 in capital. This is a major achievement for the company, which demonstrates its dedication to the hospitality industry and its vision to explore new horizons beyond traditional sectors.

The company has appointed Himalayan Capital Limited as the issue manager, who will facilitate the issuance process. The company plans to use the funds raised to expand its services, develop innovative services and facilities, and enhance guest experiences in the hospitality industry.

The company is known for its exceptional guest experiences, which include operating two movie theaters under the franchise of “QFX Movies”. The company’s move into new territories is expected to draw attention from investors and stakeholders who want to support the development of diverse sectors in Nepal.

You can also view all upcoming IPOs in Nepal.

Suggested: Everything you need to know about IPO in Nepal.
Published on: Jan 19, 2024

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