Aayu Entertainment to issue IPO for Pokhara’s Fishtail Dream Park
The company will offer shares to the general public at a face value of Rs. 100 per unit, representing 20% of its issued capital.
KATHMANDU: Aayu Entertainment Ltd. is set to issue an Initial Public Offering (IPO) for Fishtail Dream Park, a major tourism attraction located in Pokhara.
The company will offer shares to the general public at a face value of Rs. 100 per unit, representing 20% of its issued capital.
The company has appointed Nepal Life Capital Limited as the issue and sales manager for the 3,000,000 shares it plans to float.
The appointment was formalized today during an event held at Nepal Life Capital’s Kamalpokhari office, where Aayu Entertainment Chairman Kadam K.C. and Nepal Life Capital CEO Manish Ghimire signed the agreement.
Fistail Dream Park is backed by investments from Sarathi Group along with some of Nepal’s most prominent entrepreneurs and tourism business leaders from Pokhara.
Spread across approximately 57 ropanis, the park is designed as a family-friendly recreational destination catering to visitors of all age groups.
The park features Nepal’s largest entertainment setup, including a water park, web bridge, adventurous activities, and various fun attractions, positioning it as the country’s biggest amusement park to date.
Nepal Life Capital Limited, a subsidiary of Nepal Life Insurance Company Ltd., is a licensed merchant banking institution authorized by the Securities Board of Nepal (SEBON) to provide investment management, underwriting, depository services, mutual fund management, advisory services, share registrar services, and public issue management.
