Kathmandu. Hilora Hills Resort Limited is going to issue an initial public offering (IPO) to the general public. The company is issuing 4 million units of shares at a face value of Rs 100 per share.

Laxmi Sunrise Capital Limited has been appointed as the issue manager for the IPO issuance of Rs 400 crore.

Mr. Bijaya Lal Shrestha, Chief Executive Officer of Laxmi Sunrise Capital Ltd. and Mr. Deep Bikram Bista, Director of Hilora Hills Resort Limited signed an agreement for the IPO issuance.