Bandipur Cable Car and Tourism Launches IPO for General Public
Hamrakura
Published 2025 Aug 27 Wednesday
Kathmandu: Bandipur Cable Car and Tourism Limited has opened its initial public offering (IPO) for general investors starting today.
IPO Details
The company is offering 4,341,080 units of shares to the public. Investors can apply for a minimum of 10 units and a maximum of 20,000 units. Applications can be submitted through ASBA member banks and financial institutions approved by the Nepal Securities Board (SEBON) or via the Mero Share system.
Early closing date: Bhadra 15
Extended deadline: Bhadra 25
Issuance Management and Previous Allocation
Nepal SBI Merchant Banking Limited is managing the IPO issuance and sales. Earlier, Bandipur Cable Car issued shares to project-affected local residents and Nepali workers abroad.
SEBON has granted approval for the company to issue a total of 5.86 million units of shares, of which the current allotment targets general investors.
This IPO is expected to attract significant interest given Bandipur’s popularity as a tourism hub and the company’s role in promoting cable car connectivity.
