Bandipur Cable Car & Tourism Limited is launching its Initial Public Offering (IPO) for both project-affected locals and Nepali citizens working abroad, from July 21, 2025 (Shrawan 6, 2082).
The company will issue a total of 5,860,000 shares, which is 20.70% of its total paid-up capital of NPR 2.83 billion. Each share has a face value of NPR 100.
Important Dates
| Category | IPO Opens | Early Closing | Final Closing |
| Migrant Workers | July 21, 2025 (Shrawan 6) | July 24, 2025 (Shrawan 9) | August 5, 2025 (Shrawan 20) |
| Project-Affected Locals | July 21, 2025 (Shrawan 6) | August 5, 2025 (Shrawan 20) | August 20, 2025 (Bhadra 4) |
IPO Allocation:
| Category | Number of Shares | Percentage |
| Project-Affected Locals | 5,66,000 units | 2% |
| Nepali Migrant Workers | 5,29,400 units | 10% of the public issue |
| Remaining Public (upcoming) | 52,94,000 units | 18.7067% |
Who Can Apply?
Project-affected locals can apply through the following branches, while Nepali citizens working abroad can apply online. A valid labor permit is required for overseas applicants.
- Bandipur Rural Municipality (All wards)
- Aanbukhaireni Rural Municipality (All wards)
- Bhanu Municipality, Ward No. 1
- Palungtar Municipality, Ward No. 7
How to Apply for the IPO?
Interested and eligible individuals must fill out the IPO application form and submit it through the following designated branches:
For Project-Affected Locals:
Application forms can be collected and submitted at the following locations:
- Bandipur Cable Car Office
- Aanbukhaireni Rural Municipality Office
- Bhanu Municipality (Ward 1)
- Palungtar Municipality (Ward 7)
For Nepalis Abroad:
- Apply online through the MeroShare portal.
- Minimum Application: 10 shares
- Maximum Application: 20,000 shares
Note: The application forms are available at these centers. The duly filled forms must be submitted along with the required documents and payment.
Important Considerations
- Applicants must ensure that they belong to the eligible areas.
- Applications from individuals outside the specified locality will not be accepted in this phase.
- Incomplete or false documents may lead to application rejection.
Financial Snapshot (As of Chaitra 2081)
| Indicator | Value |
| Net Worth Per Share | Rs. 92.41 |
| Earnings Per Share (EPS) | āRs. 2.84 (Loss) |
| Accumulated Loss | Rs. 10.6 Crore |
| Total Project Cost | Rs. 3.85 Billion (incl. interest) |
Why Invest in Bandipur Cable Car Limited?
Bandipur is a popular tourist destination known for its natural beauty and cultural richness. The Bandipur Cable Car project enhances the accessibility of this scenic location, attracting both domestic and international tourists. By investing in this project, residents can benefit from:
- Long-term capital appreciation
- Increased tourism-related economic activities
- Sense of ownership in a landmark infrastructure project
Credit Rating
CARE Ratings Nepal has given:
- CARE-NP BB (Is) for the IPO issuance
- CARE-NP BB for long-term banking facilities
This rating indicates moderate risk in timely financial servicing within Nepal.
Bandipur Cable Car Limited Announces IPO for Local Residents and Project-Affected Areas
