Varnabas Museum Hotel To Issue IPO

Varnabas Museum Hotel is preparing to issue shares at 100 rupees each. The chairman, Rajendra Bajgain, said that the hotel offers a unique combination of a museum, cultural heritage, and luxury. It will provide a secure and profitable investment opportunity for investors.

The hotel was built with an investment of about 1.25 billion rupees. Bajagain highlighted that the hotel’s exceptional location and cultural significance will ensure high returns for investors.

The hotel’s design reflects Nepal’s major mountains, such as Mount Everest, Lhotse, and Nuptse. The swimming pool is named after Khumbu Valley and Gokyo Lake. The hotel’s design showcases Nepal’s rich culture and heritage.