Skyline Infra to Issue IPO, Appoints Himalaya Securities Banker as Issue Manager
29th August 2025, Kathmandu
Skyline Infra Limited, a prominent name in Nepal’s hospitality sector through its Saurav Portico brand, has officially announced its plan to issue an Initial Public Offering (IPO).
Skyline Infra to Issue IPO
This strategic decision marks a significant step for the company, aimed at bolstering its capital base and accelerating its business expansion. To ensure a smooth and professional journey into the public market, Skyline Infra has appointed Himalaya Securities Banker Limited as its official issue and sales manager. The partnership is a clear sign of the company’s commitment to transparency, good corporate governance, and providing a compelling investment opportunity to the general public.
A Ceremony of Significance: The Agreement Signing
The formal agreement between the two institutions was sealed at a special signing ceremony attended by key figures from both sides. The presence of a wide array of representatives underscored the gravity and importance of this partnership. From Skyline Infra Limited, the event was graced by its founders, including Rajesh Agrawal, Satyanarayan Keyal, Subash Agrawal, and Binod Shrestha. The new generation of leadership was also present, with Chairman Prateek Agrawal and Directors Aakriti Agrawal and Ankur Bhangar Agrawal, alongside Chief Financial Officer (CFO) Sanjay Rauniyar.
The ceremony’s significance was further highlighted by the participation of community and professional representatives, such as Sushil Kumar Kanu, Ward Chairman of Ward No. 10, Birgunj Metropolitan City, which suggests a commitment to local stakeholders. The presence of legal and financial advisors, including Siddhant Kunkunwala (Chartered Accountant) and Kamal Mohan Pokharel (Legal Advisor), confirms that the process is being managed with meticulous attention to regulatory and financial compliance. Representing Himalaya Securities Banker Limited were Chief Executive Officer (CEO) Subash Bahadur Shrestha and Deputy General Manager Shankar Rajbahak, demonstrating the high level of commitment from the issue manager’s side.
Strategic Objectives of the IPO
The decision by Skyline Infra Limited to go public is driven by several key strategic objectives. Primarily, the IPO is designed to expand the company’s capital base. By raising funds from the public, Skyline Infra can finance future expansion projects, such as upgrading its facilities, developing new properties, or investing in other business ventures. This influx of capital will provide the financial muscle needed to compete in a rapidly evolving hospitality and tourism market.
Furthermore, the IPO is a powerful tool for strengthening corporate governance and financial credibility. When a company goes public, it must adhere to strict reporting standards and regulatory oversight from bodies like the Securities Board of Nepal (SEBON). This increased transparency and accountability builds a high level of trust among investors and the general public, positioning Skyline Infra as a reliable and stable institution. The IPO also serves to attract more investors into Nepal’s burgeoning capital market, especially in the hospitality sector, which has seen limited public representation despite its significant growth.
About Skyline Infra and Its Unique Portfolio
Skyline Infra Limited has already established itself as a premium player in Nepal’s hospitality and entertainment landscape through its Saurav Portico brand. Operating as a four-star hotel, its facilities are a testament to its commitment to providing a world-class experience. The hotel’s portfolio of services is remarkably diverse, catering to a wide range of needs.
Key amenities include expansive Banquet Halls, which are ideal venues for conferences, weddings, and corporate events. The presence of International Chain Restaurants ensures a variety of culinary experiences for guests. For leisure and wellness, the hotel offers a swimming pool and spa facilities. In addition, the incorporation of Casino Entertainment and a QFX Cinema Hall positions Skyline Infra as a comprehensive leisure and entertainment hub. This multi-faceted business model provides diversified revenue streams, which is a significant factor that can attract and reassure potential investors.
The Critical Role of the Issue Manager
The partnership with Himalaya Securities Banker Limited is arguably one of the most crucial elements of this IPO journey. An issue manager’s role is multifaceted and central to the success of a public offering. Their expertise ensures that the entire process is conducted smoothly and in full compliance with all regulatory standards. They are responsible for the due diligence, preparation of the prospectus, and managing the public subscription and allotment process.
The selection of a seasoned professional like Himalaya Securities Banker Limited provides a level of credibility and assurance to the market. Their experience in handling similar IPOs will not only enhance investor confidence but also help streamline the issuance process, making it efficient and hassle-free for all parties involved. This strategic collaboration is a clear indication that Skyline Infra is approaching its public offering with a high degree of professionalism and a clear focus on success.
Conclusion
Skyline Infra Limited’s announcement to issue an IPO is a landmark event for the company and for Nepal’s hospitality sector. By taking its flagship Saurav Portico brand to the public, the company is not only seeking to expand its financial foundation but is also inviting the public to become part of its exciting growth story. With the professional management of Himalaya Securities Banker Limited, this IPO is well-positioned to achieve its strategic goals. It will undoubtedly provide a unique investment opportunity for the Nepali public, allowing them to own a stake in a company that is known for its strong presence in the hospitality and entertainment industry. This move is expected to pave the way for other businesses in the sector, contributing to the overall diversification and maturation of Nepal’s capital market.
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