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Himalayan Capital Limited has entered into a contract to oversee the issuance and sale of 30 lakh shares (valued at Rs. 30 crore) for Hotel Ichchha Limited, which stands as the first and sole five-star accommodation in Madhesh Province. Situated in Simara, the hotel aims to offer 20% of its issued equity to the public.
Spanning over five bighas, the hotel boasts top-notch amenities including 100 rooms, a casino, a spa, and a swimming pool. It is in the concluding phase of transferring operations to a renowned Indian hotel management group. The hotel has emerged as a pivotal venue for weddings and tourism, particularly appealing to Indian guests from Bihar.
