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Kist Medical College, which is in the IPO pipeline, has done a business of around Rs 1.5 billion in a year, reaffirming its debt rating.

. Kist Medical College, which has applied to the Securities Board of Nepal (SEBON) for the IPO issuance, has done business worth about one and a half billion rupees in a year. The company has an operating income of Rs 1.49 billion by 2025.

Similarly, the company had a turnover of Rs 517 million in 2021, Rs 688 million in 2022, Rs 834 million in 2023 and Rs 1.03 billion in 2024.TAG_OPEN_div_24 The company’s business is growing year by year.

Similarly, Kist Medical College Pvt. Ltd.’s long-term and short-term loan facility rating has been reaffirmed.TAG_OPEN_div_22 As per the rating report released on July 15, 2026, the company’s long-term credit facility has been reaffirmed with ‘ICRANP LB PLUS’ and ‘Short Term Credit Facility’ with ‘ICRANP A-4’.

According to the report, the company’s long-term debt limit has been rated at Rs 1.15 billion as against Rs 1.19 billion last year.TAG_OPEN_div_20

Similarly, the short-term loan limit with proposed limit has been increased from Rs 30.29 crore to Rs 34.63 crore.TAG_OPEN_div_18 The total rated loan limit has remained at Rs 1.50 billion.

Kist Medical College Pvt. Ltd., established in 2006, has been providing MBBS, BDS, Master’s Degree and BSc-MLT and other medical and paramedical educational programs in the affiliation of Tribhuvan University.TAG_OPEN_div_16

The company has also been operating a 300-bed approved hospital in Lalitpur for providing health services along with medical education.TAG_OPEN_div_14 Ashish Thapa is the chairman and chief promoter of the company. The company has applied to Sebon for an initial public offering (IPO).

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