Hotel Forest Inn IPO Opens for Public Subscription from Today

Hotel Forest Inn Limited (Hotel Forest Inn Limited) has opened its Initial Public Offering (IPO) for the general public starting today (February 5, 2026). The company had earlier completed the allotment for Nepalis working abroad, mutual funds, and company employees.

The company received approval to issue 20 percent of its paid-up capital, equivalent to NPR 400 million, by issuing 4 million shares. Out of this, 400,000 shares were allocated for migrant workers, 200,000 for mutual funds, and 80,000 for employees. The remaining 3.32 million shares are now being offered to the general public at a face value of NPR 100 per share.

Investors can apply for a minimum of 10 shares and a maximum of 200,000 shares. The issue will close early on February 9 and, if not fully subscribed, will remain open until February 20.

Infomerics Credit Rating Nepal (Infomerics Credit Rating Nepal) has assigned the company an IRN BB- issuer rating, indicating a moderate level of credit risk and average capacity to meet financial obligations.

The total investment in the hotel project stands at over NPR 3.48 billion. The simple payback period is estimated at 10.86 years, while the discounted payback period is around 15.33 years.

NIC Asia Capital Limited (NIC Asia Capital Limited) has been appointed as the issue and sales manager. Investors can apply through ASBA-participating banks approved by the Nepal Securities Board (Nepal Securities Board) or via the online ‘Mero Share’ platform operated by CDS and Clearing Limited (CDS and Clearing Limited).