Hotel Forest Inn Allots IPO

Feb 16, 2026 10:20 AM Merolagani



Hotel Forest Inn has allotted initial public offering (IPO) on February 16 by NIC Asia Capital, issue manager of the company, in the premises of Hotel Holiday Inn, Budhanilkantha, Kathmandu.

The company issued 3,320,000 units of shares at a face value of Rs 100 from February 5-9.

In the issue, a total of 2,660,452 applicants applied for 29,978,860 units of shares in which 2,371,315 applications were approved while the remaining were cancelled.

Given that the issue was oversubscribed, the allotment took place under Securities Issuance and Allotment Guidelines under which 332,000 applicants were provided 10 units of shares through lottery.




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