Bandipur Cablecar and Tourism Limited (BANDIPUR) IPO Shares Listed in NEPSE - Opening Range & Trading Details

Bandipur Cablecar and Tourism Limited (BANDIPUR) IPO Shares Listed in NEPSE
Great news for investors! Bandipur Cablecar and Tourism Limited (BANDIPUR) has officially made its debut on the Nepal Stock Exchange (NEPSE). With a total of 2,83,00,000 unit shares now listed, this marks a significant milestone in Nepal's tourism sector stocks.
Key Highlights
- Total Listed Shares: 2,83,00,000 units
- Trading Symbol: BANDIPUR
- Opening Price Range: Rs 95.24 to Rs 285.72
- Par Value: Rs 100 per share
- Public Issue: 43,41,080 units
IPO Allocation Details
The Initial Public Offering (IPO) of Bandipur Cablecar was issued to the general public from 11th Bhadra to 15th Bhadra, 2082 BS. Out of the total listed shares:
- Public Shares: 43,41,080 units (15.35% of total)
- Promoter Shares: 2,39,58,920 units (84.65% of total)
- Issue Price: Rs 100 per share (at par value)
Trading Information
When Will Trading Start?
According to NEPSE regulations, once Bandipur Cablecar signs the listing agreement with NEPSE, the shares will be available for trading in the secondary market the very next day.
Opening Price Range
The opening range for the first transaction has been set between:
Minimum Price
Rs 95.24
(-4.76% from par value)
Maximum Price
Rs 285.72
(+185.72% from par value)
This wide range allows the market to determine the fair value of BANDIPUR shares based on demand and supply dynamics.
About Bandipur Cablecar and Tourism Limited
Bandipur Cablecar and Tourism Limited operates in Nepal's growing tourism infrastructure sector. The company focuses on:
- Cableway Operations: Modern cable car facilities for tourists
- Tourism Services: Supporting tourism development in the Bandipur region
- Infrastructure Development: Building world-class tourism infrastructure
Bandipur, a historic hilltop settlement, is one of Nepal's most beautiful and well-preserved cultural heritage sites. The cablecar project aims to boost tourism accessibility and economic development in the region.
📍 Location Advantage
Bandipur is strategically located on the hillside above the Dumre-Bandipur road, about 143 km west of Kathmandu. The cablecar provides scenic views and easy access to this cultural gem.
Investment Perspective
Sector Analysis: Tourism Stocks
Tourism stocks in Nepal have shown resilience and growth potential, especially post-pandemic. Key factors to consider:
- Growing Tourism: Nepal's tourism industry is recovering strongly
- Infrastructure Gap: Limited modern tourism infrastructure presents opportunities
- Government Support: Tourism is a priority sector for Nepal's economy
- Unique Positioning: Cablecar projects are rare in Nepal's stock market
Financial Considerations
Before investing in BANDIPUR, investors should consider:
- Business Model: Revenue depends on tourist footfall and seasonal variations
- Operational Costs: Cablecar operations require significant maintenance
- Competition: Limited direct competition in the cablecar segment
- Growth Potential: Expansion opportunities in Nepal's tourism sector
How to Trade BANDIPUR Shares
Step-by-Step Trading Guide
- Wait for Trading Start: Monitor NEPSE announcements for the exact trading date
- Check Opening Price: Watch the opening price within the Rs 95.24-285.72 range
- Place Orders: Use your broker's TMS (Trading Management System)
- Monitor Volume: Watch trading volume for liquidity assessment
- Set Stop Loss: Protect your investment with proper risk management
Important Reminder
First-day trading can be volatile. New listings often experience high volatility as the market discovers the fair price. Consider waiting for price stabilization before making investment decisions.
Market Expectations
Potential Scenarios
Based on the opening range, here are potential scenarios:
| Scenario | Price Range | Implication |
|---|---|---|
| Bearish Opening | Rs 95-120 | Below par value - potential buying opportunity |
| Neutral Opening | Rs 120-180 | Moderate premium - wait and watch |
| Bullish Opening | Rs 180-285.72 | High premium - caution advised |
Comparison with Other Tourism Stocks
BANDIPUR joins other tourism-related companies listed on NEPSE. While direct cablecar operators are limited, investors can compare with:
- Hotel Stocks: Hospitality sector companies
- Hydropower Stocks: Infrastructure development companies
- Transport Sector: Airlines and transport companies
Key Dates to Remember
- IPO Issue Period: 11th Bhadra - 15th Bhadra, 2082 BS
- Listing Date: Recently listed (check NEPSE for exact date)
- Trading Start: Next day after NEPSE agreement signing
- Symbol: BANDIPUR
Investment Tips for BANDIPUR
For IPO Allottees
- Check Allotment: Verify your share allotment in Meroshare
- Demat Account: Ensure shares are credited to your demat account
- Decide Strategy: Hold for long-term or book listing gains?
- Track Opening: Monitor the first trading day closely
For New Investors
- Research First: Study the company's business model and financials
- Wait for Stability: Consider waiting 3-5 trading days for price discovery
- Check Liquidity: Ensure adequate trading volume before investing
- Diversify: Don't invest more than 5-10% of portfolio in one stock
Risk Factors to Consider
Every investment carries risks. For BANDIPUR, consider:
- Seasonal Business: Tourism is highly seasonal in Nepal
- Weather Dependency: Cablecar operations can be affected by weather
- Maintenance Costs: High operational and maintenance expenses
- Competition: Future cablecar projects might emerge
- Regulatory Changes: Tourism policies and regulations can change
- New Listing Volatility: Price swings common in early trading days
Expert Opinions
"Tourism infrastructure stocks represent a unique opportunity in Nepal's market. However, investors should carefully evaluate the business fundamentals and not just chase listing gains." - Market Analyst
Frequently Asked Questions (FAQs)
Q1: What is the trading symbol for Bandipur Cablecar?
A: The trading symbol is BANDIPUR. You can search for it in your broker's trading platform once trading begins.
Q2: Can I buy BANDIPUR shares if I didn't apply for the IPO?
A: Yes! Once trading starts in the secondary market, anyone with a DEMAT account and broker can buy BANDIPUR shares at the prevailing market price.
Q3: What was the IPO issue price?
A: The IPO was issued at Rs 100 per share (par value). The opening trading range is Rs 95.24 to Rs 285.72.
Q4: Is BANDIPUR a good investment?
A: Investment suitability depends on your risk appetite, investment horizon, and portfolio strategy. Research the company's fundamentals and consult with a financial advisor before investing.
Q5: How many shares can I buy on the first day?
A: There's no limit on how many shares you can buy, subject to availability and your buying power. However, consider starting with a small position due to first-day volatility.
Conclusion
The listing of Bandipur Cablecar and Tourism Limited (BANDIPUR) on NEPSE marks an exciting addition to Nepal's stock market, particularly in the tourism infrastructure sector. With 2.83 crore shares now listed and an opening range of Rs 95.24 to Rs 285.72, the stock offers opportunities for both IPO allottees and new investors.
Key Takeaways:
- Total 2,83,00,000 shares listed in NEPSE
- Trading symbol: BANDIPUR
- Opening range: Rs 95.24 - Rs 285.72
- 43,41,080 units issued to public
- Unique cablecar tourism business model
As with any investment, thorough research and risk assessment are crucial. Monitor the company's performance, track trading volumes, and make informed decisions aligned with your investment goals.
📢 Stay Updated
Keep tracking BANDIPUR share price and market movements on our NEPSE Live page. Get real-time updates, analysis, and trading insights!
Disclaimer: This article is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a qualified financial advisor before making investment decisions. Stock market investments are subject to market risks.