Kalinchowk Cable Car To Issue IPO From Mangsir 14
Kalinchowk Darshan, the company behind the kalinchowk cable car is going to issue IPO.
Kalinchowk Darshan Limited is going to issue 12 lakh unit ordinary shares. The cable car service was constructed at the cost of Rs 450 million.
Kalinchowk Darshan Limited is a public limited company promoted by individual and institutional promoters from different backgrounds. Kalinchowk Cable Car consists of 4 Gondolas (2 gondolas per system) with the bottom station at Kuri Valley to the Kalinchowk Temple at the top. It can transport 192 passengers per hour in one way trip. Nabil Investment Banking is the issue manager for the IPO of kalinchowk cable car.
At first, Kalinchowk Darshan Limited will issue IPO to the project-affected locals and Nepalese citizens working abroad from Mangsir 14 and will close the IPO application on Mangsir 28, 2079. According to the company, if the issue is not subscribed by the early closing date, the issue can be extended till 14th Poush ( For locals only).
Kalinchowk Cable Car To Issue IPO From Mangsir 14
| Kalinchowk Darshan Limited | |||
|---|---|---|---|
| Particulars | Percentage | Units | Amount |
| Total Capital | 100% | 6,000,000.00 | 600,000,000.00 |
| Total Issue (Project-affected Locals) | 2% | 120,000.00 | 12,000,000.00 |
| Total Issue (Nepalese citizens working abroad) | 1.80% | 108,000.00 | 10,800,000.00 |
| Issue Manager | Nabil Investment Banking Limited | ||
| Issue Open Date | Mangsir 14 | ||
| Issue Closing Date (earliest) | Mangsir 28 | ||
| Issue Late Closing Date (for locals only) | Poush 14 | ||
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