Siddhartha International Hotel Limited, part of Siddhartha Hospitality, is getting ready for its initial public offering (IPO). Muktinath Capital is in charge of the process. The IPO is set to happen within this fiscal year and will offer 10% of the company’s total issued capital to the public.
Siddhartha Hospitality manages luxury hotels. These include the five-star Siddhartha Vilasa and the four-star Siddhartha Boutique Hotel, located in Boudha and Bhairahawa, respectively. They also provide various additional services. Muktinath Capital is known for its expertise in investment management and will handle the IPO issuance and sales.
About Siddhartha International Hotel Limited
Hotel Siddhartha is a luxurious four-star hotel located in the vibrant center of Nepalgunj, near shopping and business landmarks. The hotel offers five-star service and features a range of deluxe amenities, including a fitness center, swimming pool, health club, and a badminton court. It also offers spacious rooms and suites with free Wi-Fi, and is an ideal venue for workshops, seminars, parties, and other events due to its conference rooms, banquet hall, and ample parking space.
Siddhartha Hospitality is a leading hospitality group in Nepal with a diverse portfolio of businesses. It operates a network of hotels, resorts, restaurants, cafes, training institutes, and a hospitality trade center across the country. The group has established itself as a premier and highly-regarded brand in Nepal’s hospitality industry, known for its excellence and innovation. Siddhartha Hospitality has been expanding its operations, including plans to open new luxury hotels and resorts in various regions of Nepal.
