Kathmandu. The IPO of Bandipur Cable Car and Tourism has been allotted today. The IPO of Bandipur Cable Car Limited has been allotted at the office of Nepal SBI Merchant Banking.
The company had issued the issue to the general public from August 26 to August 29. The company was issuing 4,341,080 units of shares at a face value of Rs 100.
A total of 2,76,37,720 units of shares were sought from 2,422,177 applicants. Out of which 24,22,177 applications were approved.
The IPO has been split due to the exceeding demand. A total of 4,34,108 people got 10 units of shares.
The final results of the IPO will be announced shortly. The result can be viewed in the iporesult.cdsc.com.np of Nepal SBI Merchant Banking, My Share and CDSC.
