Hotel Park Land to Launch IPO, Appoints Citizens Capital as Issue Manager to Boost Tourism Investment in Chitwan

26th December 2025, Kathmandu

In a significant move for the hospitality sector in Bagmati Province, Hotel Park Land Limited has announced its intention to launch an Initial Public Offering. Operating successfully in the heart of Sauraha for the past eighteen years, the hotel is now looking to leverage the capital market to fund its ambitious expansion and modernization projects.

Park Land IPO Launch

This transition from a private hospitality firm to a public limited company marks a major milestone for the tourism industry in Chitwan, providing a unique opportunity for general investors to gain a stake in one of the region’s most established landmarks. By inviting public participation, the hotel aims to strengthen its financial position and contribute more broadly to the national tourism economy.

THE FORMALIZATION OF THE IPO PROCESS WITH CITIZENS CAPITAL

To ensure a structured and transparent entry into the stock market, Hotel Park Land has officially appointed Citizens Capital Limited as its issue and sales manager. The formal agreement was signed on Wednesday in Kathmandu, bringing together the leadership of both organizations. Mr. Sharad Kumar Pandey, Chairman of Hotel Park Land, and Mr. Sabir Bade Shrestha, Chief Executive Officer of Citizens Capital, finalized the partnership. Under this agreement, Citizens Capital will take full responsibility for managing the regulatory filings with the Securities Board of Nepal, overseeing the share issuance process, and ensuring that the offering meets all legal and financial standards required for a successful public listing.

AMBITIOUS EXPANSION AND UPGRADE TO FOUR STAR STATUS

The primary driver behind the upcoming IPO is a large scale infrastructure development plan. Currently, Hotel Park Land operates 32 rooms spread across 32 katthas of land. However, the management has drafted a vision to significantly increase its footprint and service capacity. The expansion plan involves increasing the land area to 44 katthas and constructing a modern facility that will house 105 rooms. More importantly, the hotel plans to upgrade its services and facilities to meet the rigorous criteria for a four star rating. This upgrade is specifically designed to attract high end domestic and international tourists who visit Sauraha as a gateway to the world famous Chitwan National Park.

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STRATEGIC LOCATION AND TOURISM PROMOTION IN SAURAHA

Location is a primary asset for Hotel Park Land, situated just 350 meters from the well known Gaidachok in Sauraha. Over its eighteen year history, the hotel has become an integral part of the local tourism ecosystem, benefiting from its proximity to the entrance of Chitwan National Park. The decision to go public is also a strategic move to capitalize on the increasing influx of wildlife enthusiasts and adventure seekers. By improving its infrastructure and amenities through IPO funds, the hotel will be better positioned to offer superior hospitality services, thereby enhancing the overall reputation of Sauraha as a premier destination for luxury and eco tourism in Nepal.

ATTRACTING LOCAL AND FOREIGN INVESTMENT FOR GROWTH

The IPO launch is not just about raising capital; it is about creating a diverse and sustainable investment base. Hotel Park Land intends to attract a mix of local and foreign investors who see the long term potential in Nepal’s hospitality sector. Channeled toward modern amenities, technology integration, and improved guest services, these funds will ensure that the hotel stays competitive in an evolving market. For investors, this represents a chance to participate in a business with a proven track record of stability and growth. The move is expected to stimulate further investment in the wider Chitwan region, creating a ripple effect of economic development and infrastructure improvement.

COMMITMENT TO SUSTAINABILITY AND EMPLOYMENT GENERATION

Sustainability and community impact are central to Hotel Park Land’s long term strategic planning. The planned expansion is expected to generate significant local employment, from construction jobs in the initial phase to permanent hospitality roles once the 105 room facility is fully operational. Furthermore, the hotel aims to align its growth with the government’s tourism promotion initiatives, ensuring that its operations remain environmentally friendly and supportive of local culture. By maintaining a transparent and well structured IPO process through Citizens Capital, the hotel is building a foundation of trust that will be vital for its future as a public entity.

CONCLUSION AND PROSPECTUS FOR FUTURE SHAREHOLDERS

In conclusion, the decision by Hotel Park Land Limited to issue an IPO marks a transformative era for the institution. With eighteen years of experience and a clear vision for an upgraded four star facility, the hotel is well prepared for its next phase of growth. The appointment of Citizens Capital as the issue manager provides the necessary financial expertise to navigate the complexities of the Nepal Stock Exchange. As the company moves toward the final issuance, it stands as an attractive prospect for those looking to invest in the resilient and thriving tourism industry of Nepal.

For More: Park Land IPO Launch