Siddhartha International Hotel Limited, a prominent name in Nepal’s hospitality sector, is set to launch its initial public offering (IPO). 

The company has appointed Muktinath Capital as the issue manager. Chintamani Neupane, chairman of Siddhartha Hospitality Group and Kabindra Dhoj Joshi, CEO of Muktinath Capital, signed the agreement on behalf of their respective organisations.

Siddhartha International Hotel Limited operates the luxurious Siddhartha Boutique Hotel in Baudha and the Siddhartha Vilasa in Bhairahawa. 

Siddhartha Hospitality oversees more than two dozen companies, including Siddhartha Vilasa (five-star), Siddhartha Vaibhav (four-star), and Siddhartha Vatika (three-star), along with ventures in hospitality education, restaurants, cottages, cafes, agricultural farms, trading, and IT services.