Bandipur Cable Car & Tourism Limited has opened its first Initial Public Offering (IPO), and this time, it’s not just for big investors. If you’re a local resident from the Bandipur or Gorkha region—or a Nepali working abroad—you now have a rare chance to own shares in one of Nepal’s top tourist attractions.
This IPO could be your opportunity to invest early in a company that’s helping grow domestic tourism.
Minimum application is for 10 shares, and the maximum is 20,000 shares. Each share costs Rs. 100.
How to apply?
- For locals, printed forms are available at the ward offices, Bandipur field office, or the Nepal SBI Merchant Banking office.
- For Nepalis abroad, the easiest way to apply is through the Mero Share portal or C-ASBA approved banks in Nepal.
Applicants need to have an active DEMAT and Mero Share account before applying.
Bandipur Cable Car is one of the few tourism-based infrastructure companies offering public shares. As the company plans to grow along with Nepal’s domestic travel and tourism sector, early investors could benefit in the long term.
The credit rating for this IPO is CARE-NP BB, which indicates moderate safety for investors. Nepal SBI Merchant Banking is managing the issue.
After this first phase, the IPO will open for the general public, company employees, and mutual funds. Dates for the next round will be published after this phase concludes.
If you’re from the local region or living abroad, this is a limited-time chance to become a shareholder in a growing tourism company.
