Bandipur Cable Car and Tourism Limited is launching the first phase of its Initial Public Offering (IPO), offering shares to both local residents and Nepali citizens working abroad. This move allows individuals to invest in one of Nepal’s most exciting tourism projects and be part of the country’s infrastructure development.
IPO Opening and Closing Dates
For Nepalis working abroad, the IPO will open from Shrawan 6, 2082 (July 21, 2025) and close on Shrawan 9, 2082 (July 24, 2025).
For local residents of Tanahun and Gorkha districts, the IPO application period will start from Shrawan 20, 2082 (August 4, 2025) and can close as early as Bhadra 4, 2082 (August 20, 2025), depending on demand.
Total Shares and Allocation
Out of the 5,860,000 shares approved by the Nepal Securities Board (SEBON), the company is offering the following in this phase:
566,500 shares are reserved for local residents of Tanahun and Gorkha districts. Interested applicants can apply for a minimum of 10 shares and a maximum of 20,000 shares through the company’s designated offices.
529,400 shares are reserved exclusively for Nepali citizens working abroad. Each share is priced at Rs. 100. Applications can be submitted online through the MeroShare platform.
Issue Manager ?
The IPO is managed by Nepal SBI Merchant Banking Limited, which will handle all application processing and share allotments.
Company Rating and Shareholding
Bandipur Cable Car has received a CARE-NP BB rating from CARE Ratings Nepal, indicating average safety and moderate risk for investors. The company currently has 5,670 shareholders, with 88 percent of shares held by promoters.
About Bandipur Cable Car
Bandipur Cable Car is a tourism infrastructure project located in Tanahun. It connects Bandipur Bazaar with Thuldhunga and has become a major attraction for domestic and international tourists. The project supports local tourism and creates employment opportunities.
