Trade Tower Limited (TTL) has opened the second phase of its Initial IPO for general public starting today, from Jestha 14th to Jestha 19th, 2082. If the issue is not fully subscribed within this period, the deadline will be extended up to Jestha 28th, 2082.
Earlier, the company had successfully issued 10% of the total 39,71,69,300 shares, i.e., 3,97,169.30 units of IPO shares to Nepalese citizens working abroad. Out of the remaining shares, 2% or 79,433.86 units have been set aside for the company’s employees, and 5% or 1,98,584.65 units have been allocated for mutual funds. The remaining 32,96,505.19 units of shares are now being issued to the general public through this IPO at a par value of Rs. 100 each.
| Key Point | Details |
| IPO Open Date | Jestha 14th – Jestha 19th |
| Extended Deadline (if not subscribed) | Jestha 28th, 2082 |
| Public Issue (Remaining Shares) | 32,96,505.19 units |
| Par Value per Share | Rs. 100 |
| Minimum Application | 10 units |
| Maximum Application | 1,000 units |
| Issue Manager | LS Capital Limited |
| Credit Rating | [ICRANP-IR] BB- (Moderate Risk) |
About Company
Established in 2006, Trade Tower Group is a leading business conglomerate in Nepal, specializing in leasing, financing, and infrastructure development. Its parent company, Trade Tower Limited (formerly Kanchanjunga Housing Limited), was founded in 2007 and operates from Thapathali, Kathmandu. The group’s flagship project, Trade Tower Thapathali, was completed in 2011. It has since expanded into hospitality with Hotel Crystal Pashupati, a three-star hotel in Gaushala, which began partial operations in 2024. With over 350 promoters, the company is chaired by Mr. Shiva Hari Dangal. Post-IPO, promoter ownership will remain at around 51%. Focused on growth, the group continues to drive innovation in the infrastructure and hospitality sectors.
