Budhanilkantha Heritage Share Sale Opens for Founders and Public
11th January 2026, Kathmandu
Budhanilkantha Heritage Share Sale has been officially announced, with more than eight hundred fifty thousand shares now available for purchase. The company has placed a total of 854,281 units of undistributed right shares, originally belonging to the promoter group, up for sale through a public auction. This development has attracted significant attention from both founder shareholders and general investors looking for new equity participation in Nepal’s growing luxury hospitality sector.
Budhanilkantha Heritage Share Sale
According to the published notice, these shares are open not only to existing promoter shareholders but also to external individuals and institutional investors. This inclusive structure broadens participation and provides wider access to investment in Budhanilkantha Heritage Limited, which operates the prestigious Lemon Tree Premier hotel in Kathmandu.
Details of the Shares on Offer
The Budhanilkantha Heritage Share Sale involves undistributed right shares that remained unsubscribed during the company’s recent 2:1 rights issue. Since these shares were not picked up by the original holders, the company has decided to liquidate them through a formal bidding process.
Total Units Available: 854,281 units
Minimum Bid Price: NPR 150 per share
Category: Promoter Group (but open to the public and institutions)
Interested applicants may bid at the minimum price of 150 per share or quote a higher amount. This pricing reflects a premium over the face value of 100, which is standard for established hospitality assets with operational revenue.
Eligibility Criteria for Applicants
The Budhanilkantha Heritage Share Sale is structured to attract both small-scale founder additions and large-scale institutional entries. The eligibility and application size are categorized as follows:
Promoter Group Shareholders: Existing founders can increase their stake with a minimum application size of 1,000 shares.
External Individuals and Institutions: New investors and corporate entities can enter the registry with a minimum application requirement of 20,000 shares.
This higher threshold for external buyers (minimum investment of NPR 3 million) indicates that the offering is particularly targeted at high-net-worth individuals and institutional participants seeking a significant equity position before the company’s planned Initial Public Offering (IPO).
Application Deadline and Submission Process
Investors interested in the Budhanilkantha Heritage Share Sale must act quickly to meet the regulatory timeline.
Application Deadline: Poush 28, 2082 (January 12, 2026).
Submission Location: Company’s Registered Office, Hotel Lemon Tree Premier, Budhanilkantha, Kathmandu.
Method: Physical submission of the bid form along with the required deposit or bank guarantee.
All applications must be submitted within office hours. Prospective investors are advised to ensure that all required documents, including KYC updates and tax clearance certificates for large amounts, are complete to avoid rejection.
Significance of the Share Sale
The Budhanilkantha Heritage Share Sale represents a critical capital management action. By offering these shares to a wider base, the company aims to optimize its capital structure and improve shareholding efficiency. Budhanilkantha Heritage is a special purpose vehicle (SPV) that operates a 102-room five-star hotel outside the Ring Road, providing a unique “resort-style” experience within the valley.
Acquiring these shares provides investors with a “pre-IPO” entry into a hospitality asset managed by an international brand like Lemon Tree Hotels Limited. Such holdings are often viewed as strategic, offering potential for capital appreciation once the company lists on the Nepal Stock Exchange (NEPSE).
Considerations for Investors
Before applying, investors should evaluate the following factors:
Operational Performance: The hotel transitioned from a private to a public company in 2078 BS and has recently started full commercial operations.
Credit Rating: ICRA Nepal has previously assigned a [ICRANP-IR] B+ issuer rating, indicating the risks and rewards associated with the hospitality sector’s recovery post-pandemic.
Liquidity: As these are promoter shares, they may be subject to a “lock-in” period or specific trading restrictions compared to ordinary shares.
Conclusion
Budhanilkantha Heritage Share Sale offers a unique opportunity to own a piece of a premium hospitality project with over 854,000 shares on the table. With the application deadline of Poush 28, 2082 approaching, capable investors have a narrow window to secure a significant equity stake at a base price of NPR 150. This sale is a decisive step in shaping the company’s future ownership and preparing it for broader market participation.
For Moer: Budhanilkantha Heritage Share Sale



