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Nagarkot Resort, which is preparing for IPO, has done a business of around Rs 5 crore in a year.

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Kathmandu. Nagarkot Resort, which is preparing to bring IPO to the general public, has done a turnover of around Rs 5 crore in the last fiscal year. The resort had a turnover of Rs 4.90 crore in the last fiscal year.

The resort had a turnover of Rs 2 crore in 2024. The resort was established in 2017 and was converted into a public company in 2023. Nagarkot Resort is preparing to launch an IPO.

The resort has been providing 24 rooms since April 2024 and is constructing a building with a capacity of 75 rooms. After the completion of the entire construction, the resort plans to provide luxury facilities. The resort will have private bathrooms, air conditioning and modern facilities. Each room of the resort has a balcony and terrace with a garden, swimming pool and a panoramic view of the mountains.

The company is investing Rs 80.10 crore to construct the resort. The investment ratio is 25÷75. According to the company, it will invest Rs 20.10 crore through debt and Rs 60 crore through equity. The company has said that the entire process for the loan has been completed. It has also raised an investment of Rs 60 crore.

 

 

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