Nobel College of Health and Education Foundation to Issue IPO

30th December 2025, Kathmandu

In a significant move that signals the growing corporatization of the healthcare and education sectors in Nepal, Nobel College of Health and Education Foundation Limited has officially announced its plans to launch an Initial Public Offering.

Nobel College IPO Issue

This Kathmandu based institution is preparing to transition from a private entity to a public limited company, allowing the general public to become stakeholders in its expanding healthcare and academic operations. To facilitate this complex financial process, the foundation has formally appointed Nabil Investment Banking Limited as its Issue and Sales Manager. This partnership marks the beginning of the regulatory journey toward listing on the Nepal Stock Exchange, a move that is expected to provide the necessary capital for the foundation’s ambitious infrastructure projects.

STRATEGIC APPOINTMENT OF NABIL INVESTMENT BANKING

The appointment of Nabil Investment Banking Limited as the issue manager is a strategic choice aimed at ensuring a smooth and transparent public offering. The formal agreement was signed by the Chairman of Nobel College of Health and Education Foundation, Navaraj Pandey, and the Chief Executive Officer of Nabil Investment Banking, Manish Narayan Joshi. As one of the leading merchant bankers in Nepal, Nabil Investment will be responsible for managing the legal documentation, coordinating with regulatory bodies like the Securities Board of Nepal, and overseeing the eventual allotment of shares. This professional oversight is crucial for maintaining investor confidence and ensuring that the IPO adheres to the strict guidelines of the Securities Registration and Issuance Regulations.

CAPITAL STRUCTURE AND PUBLIC SHARE ALLOCATION

The financial framework of the IPO reveals a substantial offering designed to attract a wide range of investors. Currently, the Nobel College of Health and Education Foundation Limited maintains an issued capital of 3.50 billion rupees. According to the proposed plan, the institution intends to offload approximately 28.57 percent of this issued capital to the general public. This will leave the promoter group with a majority stake of 71.43 percent, ensuring that the original founders retain control over the strategic direction of the company while benefiting from the infusion of public funds. This balance of public participation and promoter stability is often viewed as an ideal structure for long term institutional growth.

HOSPITAL OPERATIONS AND THE FRONTLINE BRAND

A major component of the foundation’s portfolio is its healthcare wing, which operates under the well known brand name Frontline. Currently, the foundation runs a 100 bed hospital in Old Baneshwor, Kathmandu, providing a wide range of medical services from general consultations to specialized treatments. The hospital has built a reputation for delivering healthcare that aligns with international standards, and its consistent performance has contributed to the foundation’s annual turnover, which reportedly exceeds 500 million rupees. The operational success of the Frontline hospital serves as the primary asset backing the IPO and justifies the company’s push for further capital expansion.

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EXPANSION INTO CANCER CARE AND INFRASTRUCTURE DEVELOPMENT

One of the primary reasons behind the decision to go public is the foundation’s massive expansion project currently underway. Nobel College of Health and Education Foundation is in the process of developing a 200 bed General and Cancer Hospital. This facility is intended to address the growing demand for specialized oncological services in Nepal. Construction is already in progress, and the proceeds from the IPO are earmarked to fund the completion of this project, the purchase of advanced medical equipment, and the hiring of specialized personnel. This move into cancer care is expected to significantly increase the foundation’s service capacity and its overall valuation in the health sector.

DUAL FOCUS ON HEALTHCARE AND ACADEMIC EXCELLENCE

What sets this foundation apart is its dual involvement in both clinical services and medical education. Established in 2005, the institution has become a hub for health education in Kathmandu, offering undergraduate programs in Nursing, Pharmacy, and other health related disciplines. This synergy between a working hospital and an educational institution creates a robust ecosystem where students receive practical training and the hospital has access to a steady stream of qualified professionals. This integrated model provides a diversified revenue stream, making the foundation a unique investment opportunity compared to standalone hospitals or colleges.

WORKFORCE AND INSTITUTIONAL CREDIBILITY

The foundation’s operational strength is supported by a dedicated workforce of more than 200 employees, including senior medical consultants, academic faculty, and administrative staff. As the institution prepares for its 200 bed hospital expansion, this workforce is expected to grow, further solidifying the company’s role as a major employer in the capital. The transition to a public company is anticipated to enhance corporate governance standards within the organization. With the increased transparency and regulatory oversight that come with being a listed company, Nobel College of Health and Education Foundation will be able to further build its institutional credibility and long term trust with the public.

CONCLUSION AND FUTURE OUTLOOK FOR INVESTORS

In conclusion, the planned IPO of Nobel College of Health and Education Foundation Limited represents a landmark opportunity for the Nepalese investment community to gain exposure to the healthcare and education sectors. With a solid capital base of 3.50 billion rupees and a clear expansion roadmap including a new cancer hospital, the foundation is well positioned for future growth. The partnership with Nabil Investment Banking Limited ensures that the issuance process will be handled with professional rigor. Once regulatory approvals are secured, this IPO is expected to be a major highlight of the primary market, contributing to the development of national healthcare infrastructure while offering potential returns to its future shareholders.

For More: Nobel College IPO Issue