Kathmandu. Shubha International Hospitality Limited is going to issue an IPO. The company is issuing 20 percent of its issued capital to the general public.

Muktinath Capital Limited has been appointed as the issue manager for the IPO issuance.

The agreement was signed between the Chairman of Shuva International Hospitality Limited Mr. Kabin Shrestha and Mr. Kabindra Dhoj Joshi, Chief Executive Officer of Muktinath Capital.

The program was also attended by the company’s representative Bikash Chaudhary and Proprietor Prashant Tated.

With an aim to add a new dimension to the hospitality and tourism sector of Eastern Nepal, Shubha International Hospitality Limited has been operating an international standard five-star hotel located on Dharan Road, Biratnagar from 30th April 2026. Operated in the management partnership of Carnation Hotels Pvt. Ltd. under the prestigious Lemon Tree Hotels Group of India, the hotel has been established as the first five-star hotel under the international brand of Biratnagar.

The hotel aims to provide world-class service to business travelers, domestic and international tourists, conferences, weddings and other special events. With modern facilities, international service standards and excellent management, the hotel will contribute significantly to tourism promotion, expansion of economic activities and development of hospitality industry in eastern Nepal. The company also said it plans to open a casino in the future.