Bandipur Cable Car and Tourism Limited has received approval from the Nepal Securities Board to issue 5,860,000 shares through an IPO at NPR 100 per share, raising NPR 58.6 crore. Himalayan Capital is appointed as the IPO sales manager.
Bandipur Cable Car and Tourism Limited has been granted permission to issue an Initial Public Offering (IPO) by the Nepal Securities Board on Asar 19. The company is authorized to issue 5,860,000 shares worth NPR 58.6 crore.
The IPO will be priced at NPR 100 per share. Himalayan Capital is appointed as the IPO sales manager for this issuance. Of the total shares, 20.70% or 5,860,000 shares will be offered to the general public, while the remaining 79.29% will remain with the founding group.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
