KATHMANDU, DECEMBER 8
NIBL Ace Capital Ltd has signed 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 Sachindra Dhungana, deputy general manager of NIBL Ace Capital Ltd, and Sunil Kumar Khetan, director of Himal Waterpark and Village Hotel Pvt Ltd (Clarks Resort, Birgunj) in presence of Mekh Bahadur Thapa, deputy chief executive officer of NIBL Ace Capital, Bhuwan Raj Panta, head of corporate advisory service of NIBL Ace Capital, and 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 2016 and has been completed.
Himal Waterpark and Village Hotel Pvt Ltd (Clarks Resort, Bir-gunj) 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 Ltd will provide pre-IPO, IPO and post-IPO service to the hotel, as per a media release issued today.
In the first phase, NIBL Ace Capital will provide consulting services to Himal Waterpark and Village Hotel Pvt Ltd (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 Ltd willalso provide services as the share registrar of Himal Waterpark and Village Hotel Private Ltd (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 and feasibility, equity raising, and debt raising and loan syndications to help develop business.
A version of this article appears in the print on December 9, 2022, of The Himalayan Times.
