The Initial Public Offering (IPO) of Bandipur Cable Car and Tourism Limited for locals of the project-affected areas, as well as for Nepali citizens currently working abroad, has opened from today, Shrawan 6, 2082.
The company plans to issue 5,860,000 shares at a par value of Rs. 100 per share, totaling Rs. 586 million. This represents 20.7067% of its total issued capital of Rs. 2.83 billion.
IPO Breakdown
For locals of project-affected areas:
566,000 shares (2% of issued capital)For Nepali citizens working abroad (with an approved labor permit):
529,400 shares (10% of the general public quota)
Important Dates Bandipur Cable Car & Tourism IPO
Opening Date for Locals & Migrant Workers: Shrawan 6, 2082 (July 21, 2025)
Earliest Closing Date: Shrawan 20, 2082 (August 4, 2025)
Latest Closing Date (if under-subscribed): Bhadra 4, 2082 (August 20, 2025)
Who Can Apply for Bandipur Cable Car & Tourism IPO?
Locals from the following areas:
All wards of Bandipur Rural Municipality and Aanbukhaireni Rural Municipality, Tanahun
Ward No. 1 of Bhanu Municipality, Tanahun
Ward No. 7 of Palungtar Municipality, Gorkha
Nepali Migrant Workers:
Must have received official labor approval from the Nepal Government.
Application Requirements
Minimum shares to apply: 10
Maximum shares: 20,000
Full payment (Rs. 100 per share) required at the time of application.
A fee of Rs. 2 must be paid to receive the application form (for locals only).
How to Apply
Locals: Submit applications at designated local offices (Bandipur station, ward offices, etc.)
Migrant Workers: Apply online through:
Mero Share platform
Any bank or financial institution offering C-ASBA services
Financial Summary
| Particulars | Details |
|---|---|
| Estimated Project Cost | Rs. 3.85 billion (including IDC) |
| Payback Period (Normal) | 8.22 years |
| Payback Period (Discounted) | 10.05 years |
| Credit Rating | CARE-NP BB (Is) ā Moderate risk of default |
Note:
Shares issued to locals cannot be sold or transferred for three years after allotment.
Founders, directors, and their close family members cannot apply in this IPO.
More Information
For full prospectus and detailed financial data, visit:
Notice: Bandipur Cable Car & Tourism Opens IPO Today | For Locals and Nepali Migrant Workers
