Bandipur Cable Car and Tourism Ltd (BCTL) has opened its initial public offering (IPO) for the general public, and it has already been oversubscribed 1.85 times on the first day. The IPO is managed by Nepal SBI Merchant Banking Limited.
The company issued 4,341,080 units, but investors have applied for 8,015,100 units, showing strong demand. The total applied amount reaches NPR 801,510,000. The IPO opened on August 27, 2025, and will close on August 31, 2025.
| S.N | Company Name | Issue Manager | Issued Unit | Number Of Application | Applied Unit | Amount | Open-Date | Close-Date | Last Update |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Bandipur Cable Car and Tourism Ltd - BCTL (IPO - For General Public) | NEPAL SBI MERCHANT BANKING LIMITED | 4341080 | 657402 | 8015100 | 801510000 | 2025-08-27 | 2025-08-31 | 2025-08-27 17:06:05 |
This strong response reflects high investor interest in Nepal’s tourism and cable car sector. Those who want to invest still have a chance to apply before the closing date.
