Bandipur Cable Car IPO Opens for General Public: Your Guide to Investing in Nepal’s Tourism Sector
Are you looking to invest in the Nepali stock market? The Bandipur Cable Car and Tourism company has just launched its Initial Public Offering (IPO) for the general public! This presents a fantastic opportunity to become a shareholder in a company deeply involved in Nepal’s burgeoning tourism industry.
The IPO officially opened on Bhadra 11th (August 27th), offering a chance for everyday investors to participate. This follows successful allocations to project-affected locals and Nepalis working abroad, highlighting the company’s commitment to broad participation.
Investment Opportunity:
The company is issuing shares worth 586 million Nepali rupees, representing 20.7% of its total issued capital of 2.83 billion rupees. Out of this, a significant portion, 43.41 million shares, is now available for the general public. Investing in this IPO means you’re supporting a key player in developing tourism infrastructure in Nepal.
How to Apply:
Investing in the Bandipur Cable Car IPO is straightforward. You can apply for a minimum of 10 shares, with a maximum application limit of 20,000 shares.
Important Dates:
The IPO application period is open until Bhadra 15th (August 31st). If not fully subscribed within this timeframe, the IPO deadline will be extended to Bhadra 25th (September 10th). Don’t miss this chance to participate in the stock market and invest in future growth!
How to Apply for the IPO
To participate in the Bandipur Cable Car IPO, you can apply through any C-ASBA member banks and financial institutions approved by the Securities Board of Nepal (SEBON) or through Mero Share. This easy process makes it accessible for both experienced and first-time investors to enter the Nepali stock market.
Key Details:
- Company: Bandipur Cable Car and Tourism
- Type: IPO
- Shares for General Public: 4,341,080
- Minimum Application: 10 shares
- Maximum Application: 20,000 shares
- Application Deadline: Bhadra 15th (August 31st) – extendable to Bhadra 25th (September 10th)
- Issue Manager: Nepal SBI Merchant Banking Limited
Why Invest?
Investing in an IPO can be a smart move, and the Bandipur Cable Car IPO is particularly attractive. This is your chance to get in on the ground floor of a business that supports Nepal’s growing tourism sector. With the country’s beauty and adventure opportunities, tourism in Nepal is expected to continue growing.
Don’t miss this opportunity to invest and potentially benefit from the growth of Bandipur Cable Car and Tourism! Explore this investment opportunity and learn how to invest in Nepal!
