Hotel Ichchha to Issue 30 Lakhs Units of Shares to Public; Himalayan Capital Appointed as Issue Manager

Sun, Apr 13, 2025 12:10 PM on Latest, IPO/FPO News, Corporate,

Himalayan Capital Limited has signed an agreement to manage the issuance and sale of 30 lakh units of shares (worth Rs. 30 crore) of Hotel Ichchha Limited, the first and only five-star hotel in Madhesh Province. Located in Simara, the hotel plans to issue 20% of its issued capital to the public.

The hotel, which spans over five bighas and offers premium facilities like 100 rooms, a casino, spa, and swimming pool, is also in the final stage of handing over operations to a reputed Indian hotel management group. It has become a key destination for weddings and tourism, especially among Indian visitors from Bihar.