Hotel Forest Inn Share Registrar Appointed
20th February 2026, Kathmandu
The capital market in Nepal continues to witness the expansion of the hospitality sector as Hotel Forest Inn Limited officially moves into its post IPO administrative phase. Following the successful allotment of its Initial Public Offering (IPO) on Falgun 4, 2082 (February 16, 2026), the company has formally appointed NIC Asia Capital Limited as its official Share Registrar. This appointment, effective from Falgun 10, 2082 (February 22, 2026), marks a critical transition for the company as it shifts from a private entity to a public limited company with thousands of individual shareholders. By choosing a reputable merchant banker like NIC Asia Capital, Hotel Forest Inn is ensuring that its shareholder records, dividend distributions, and future corporate actions are managed with the highest level of professional integrity and technical precision.
Hotel Forest Inn Share
The appointment of NIC Asia Capital as the Registrar to Share (RTS) is a strategic necessity for Hotel Forest Inn Limited, which is developing a premier five star hotel property in the Budhanilkantha area of Kathmandu. The company recently issued 33,20,000 units of shares to the general public, a process that saw overwhelming participation with over 2.3 million applicants. Managing a database of over 332,000 successful allottees requires a sophisticated technological infrastructure that only specialized capital houses can provide. NIC Asia Capital, headquartered in the Trade Tower Building at Thapathali, Kathmandu, will now be responsible for maintaining the definitive register of members, handling the dematerialization of physical shares if any exist, and coordinating with CDS and Clearing Limited (CDSC) to ensure that the shares are properly credited to investors’ demat accounts before they begin trading on the Nepal Stock Exchange (NEPSE).
The role of a share registrar in Nepal is multi-faceted and governs the entire lifecycle of a security. For shareholders of Hotel Forest Inn, NIC Asia Capital will be the primary point of contact for a variety of essential services. These include the processing of share transfers in the event of inheritance or private sales, the management of share pledges for those looking to take loans against their holdings, and the updating of personal details such as bank account numbers (BOID) and addresses in the shareholder register. Furthermore, as the hotel project progresses toward full commercial operation under the internationally recognized Holiday Inn brand, the registrar will play a vital role in future corporate actions, such as the distribution of cash dividends or the issuance of bonus and right shares.
Advertisement
From an investment perspective, the entry of Hotel Forest Inn Limited into the NEPSE hotel and tourism group is a significant boost for the sector. Currently, the group features prominent names such as Soaltee Hotel, Taragaon Regency (Hyatt), and Oriental Hotels (Radisson). Hotel Forest Inn, promoted by former minister Deepak Khadka and managed by the InterContinental Hotels Group (IHG), adds a modern 105-room five star resort to this portfolio. The project, valued at approximately 3.57 billion rupees, has already started its commercial operations, and the successful IPO indicates strong investor confidence in the recovery and growth of Nepal’s tourism industry. Having a professional registrar like NIC Asia Capital ensures that this investor confidence is maintained through transparent and timely reporting to the Securities Board of Nepal (SEBON) and the stock exchange.
For the 332,000 lucky allottees who received 10 units each through the lottery system, the next few days are crucial. Once the share registrar completes the technical integration with CDSC, the shares will appear in the investors’ Mero Share accounts under the current holdings section. Only after this step can the shares be traded on the secondary market under a unique trading symbol assigned by NEPSE. Shareholders are advised to ensure that their bank accounts are correctly linked to their demat IDs to avoid any delays in receiving future dividends. For any discrepancies in name, address, or share count, the shareholders must now visit or contact NIC Asia Capital directly, as the company’s internal administration will no longer handle these securities related queries from the public starting Falgun 10.
In conclusion, the partnership between Hotel Forest Inn Limited and NIC Asia Capital Limited is a positive indicator of the maturing capital market in Nepal. It reflects a commitment to corporate governance where specialized tasks are outsourced to experts, thereby minimizing operational risks and maximizing service efficiency for the general public. As the hotel continues to attract domestic and international guests to the serene foothills of Shivapuri, its presence on the stock exchange will provide a liquid and transparent asset for Nepali investors. The appointment of the share registrar is a fundamental building block in this journey, ensuring that the legal and financial rights of every shareholder—from the smallest retail investor to the largest institutional promoter—are protected and accurately recorded in the years to come.
For More: Hotel Forest Inn Share
