Kamal KTM Hospitality Limited is preparing to raise Rs. 12.5 crores through an IPO, managed by RBB Merchant Banking. Learn all the key details and plans in this article.
KTM Hospitality Limited IPO
KTM Hospitality Limited, a part of KTM Group Holdings, has taken a major step toward expanding its business in Nepal. The company has signed an agreement with RBB Merchant Banking Limited to manage its upcoming Initial Public Offering (IPO). This move will help KTM Hospitality raise capital to fund its next big project, a luxury five-star resort in Chitwan.
Key Details of KTM Hospitality IPO
Here is a quick overview of the most important details regarding the IPO:
| Details | Information |
| Company Name | KTM Hospitality Limited |
| Parent Company | KTM Group Holdings |
| Paid-Up Capital | Rs. 45 crores |
| Issue Manager | RBB Merchant Banking Limited |
| Total Shares to be Issued | 12.5 lakh (1,250,000 shares) |
| Face Value per Share | Rs. 100 |
| Total IPO Amount | Rs. 12.5 crores |
| Agreement Signed On | 18th Ashad, 2082 B.S. |
| Project Funded by IPO | Royal Tulip Luxury Resort in Chitwan |
| Partner Hotel Group | Louvre Hotels Group, France |
IPO Objectives
The IPO will help KTM Hospitality to:
- Fund construction and development of the Royal Tulip Resort.
- Increase its brand presence in Nepal’s growing tourism industry.
- Attract both domestic and foreign investors.
- Strengthen its financial base for future expansions.
Agreement Signing Ceremony
The official agreement was signed on 18th Ashad, 2082 B.S., at the head office of Rastriya Banijya Bank in Kathmandu. Key representatives from both organizations were present during the signing ceremony. Rameshwor Shah, the Chairman and CEO of KTM Hospitality, and Badri Prasad Pyakurel, the CEO of RBB Merchant Banking, signed the documents on behalf of their companies.
This signing marked a major milestone in KTM Hospitality’s journey. It reflects the company’s commitment to long-term growth and transparency with investors.
About KTM Hospitality Limited
KTM Hospitality is a hospitality-focused company operating under KTM Group Holdings. With a strong financial foundation and a paid-up capital of Rs. 45 crores, the company has shown steady growth in recent years. It is now stepping into the next phase of development by launching a premium resort aimed at attracting high-end tourists.
Role of RBB Merchant Banking Limited
RBB Merchant Banking Limited is a trusted name in Nepal’s financial sector. It is a wholly owned subsidiary of Rastriya Banijya Bank, Nepal’s largest government-owned commercial bank. RBB Merchant Banking has experience in managing public issues and offers full support during the IPO process. The company will now act as the official issue and sales manager for KTM Hospitality’s IPO.
Royal Tulip Luxury Resort: A High-End Tourism Project
The funds raised from this IPO will be used to build the Royal Tulip Luxury Resort in Chitwan. This five-star resort will be developed in partnership with France’s famous Louvre Hotels Group. The Royal Tulip brand is known for its elegance and world-class service. With this project, KTM Hospitality aims to bring global standards of luxury tourism to Nepal.
Chitwan is already a popular tourist destination because of its national park and cultural heritage. The addition of a luxury resort will attract international travelers who seek comfort and exclusive experiences.
Why This IPO Matters for Investors
Investing in KTM Hospitality can be a good opportunity for those looking to be a part of Nepal’s fast-growing hospitality sector. The company has a solid business plan and a trusted project partner in Louvre Hotels Group. Moreover, the IPO is managed by an experienced financial institution, RBB Merchant Banking.
How to Apply for the IPO
Once the Securities Board of Nepal (SEBON) gives final approval, the IPO will be open to the public. Interested investors can apply through the ASBA (Application Supported by Blocked Amount) system from their banks or use online platforms like MeroShare.
Future Growth Plans
KTM Hospitality is not only focusing on the Chitwan resort. The company plans to explore similar projects in other parts of Nepal in the future. It aims to:
- Build new resorts and hotels in tourist areas
- Promote sustainable tourism practices
- Create local jobs and support the local economy
KTM Hospitality Limited
The company is emerging as a key player in Nepal’s tourism sector. With strong leadership and financial planning, it is set to make a mark in the luxury hospitality space. Its IPO is the first step toward building trust and attracting long-term investors.
FAQs
What is the face value of shares in KTM Hospitality’s IPO?
The face value of each share is Rs. 100.
How many shares are being issued in this IPO?
KTM Hospitality is issuing 12.5 lakh (1,250,000) shares.
Who is managing KTM Hospitality’s IPO?
RBB Merchant Banking Limited is the issuer and sales manager.
Where will the IPO funds be used?
The funds will be used to build the Royal Tulip Resort in Chitwan.
Who is KTM Hospitality partnering with for the resort?
They are partnering with the Louvre Hotels Group from France.
Is KTM Hospitality a new company?
No, it operates under KTM Group Holdings and has a paid-up capital of Rs. 45 crores.
Conclusion
KTM Hospitality Limited’s IPO is a big opportunity for investors and a major step for the company. With a luxury resort project in the works and a trusted global partner, the future looks bright. Backed by RBB Merchant Banking and the Louvre Hotels Group, KTM Hospitality is ready to shine in Nepal’s tourism sector.
For more updates, keep an eye on official announcements from KTM Hospitality and SEBON.
