Chandragiri Hills issuing IPO for General Public from today | IPO ISSUE Chandragiri Hills
Chandragiri Hills IPO ISSUE for General Public from today
Chandragiri Hills Limited is going to issue the Initial Public Offering (IPO) to the general public from (Today) Poush 24, 2077 to Poush 28, 2077. If the IPO remains under-subscribed then the period, of issue date will extend till Magh 10, 2077.
The company is issuing 15,34,091 shares in the IPO to the general public after receiving the approval from the Securities Board of Nepal (SEBON). Sebon provided the approval to issue 18.41 lakh shares in the IPO (General Public + Locals) on Karthik 28, 2077 BS. The company had submitted the application to SEBON on Jestha 25, 2077.
Out of the 15,34,091 shares, employees and the mutual funds will receive 4 percent and 5 percent shares respectively. Hence, the general public can apply for the remaining 13,96,044 shares.
Interested investors can apply for a minimum of 10 shares at a par value of Rs 100.
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Chandragiri Hills IPO ISSUES for project effected area
Chandragiri Hills Limited has been issued initial public offerings (IPO) for the locals affected by the project on 16 Dec 2020.
According to a press note issued by the company, it has been issued 306, 819 units of shares for Rs 100 per unit.
The applicants should from Chandragiri municipality- 3, 4, 6, and 7, Thaha municipality 9 and 10 and Indrasarowar rural municipality-5, of Makwanpur.
And the company had already been got the permission to issue 1,840,910 units of shares to general public.
About Chandragiri Hills
Chandragiri Hills is seven kilometres from Thankot, and lies on the south-west side of Kathmandu Valley which is 2551 metres above sea level. The hill provides panoramic views of Kathmandu Valley and the Himalayan ranges from Annapurna to Everest.
Along with refreshing forest air and a spectacular view of the Himalayan vistas, the area is also home to one of the most important Hindu temple: the Bhaleshwor Mahadev, which is believed to possess wish-granting powers.
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Historical Background of Chandragiri Hills
Chandragiri Hills has its historical significance as well. It was from these hills that King Prithivi Narayan Shah caught the first glimpse of a much scenic and prosperous Kathmandu valley, which in fact instilled in the king’s mind an idea of annexing the valley into his kingdom. According to folklore, Prithivi Narayan Shah is believed to have amassed spiritual powers for unification process after undergoing rigorous ‘sadhana’ or meditation at these very hills. The Gorkhali King disguised himself while ascending the hills in order to avoid being recognized by the Malla Kings of Kathmandu Valley.
VISION
Chandragiri Hills Ltd strives to become the preferred destination for three generations of families by creating synergy in our product & bringing the happiness among the families.
MISSION
Our mission is to create an “integrated tourist destination” and deliver superior product and services through the pioneering idea that empowers our; customers, stakeholders and society as a whole.
VALUES
Pioneering Spirit: Chandragiri Hills Ltd is founded on the guiding principle of providing innovative activities through an attractive tourist destination. Its nurture to provide the best current practices and to continually strive to better in the field of hospitality and customer service.
Teamwork: Chandragiri Hills not only a team but also a family, working together to provide customers and stakeholders with the best possible level of satisfaction.
Excellence: Chandragiri Hills strives to be the market leaders in creating integrated tourist destination for the hospitality industries.
Accountability:
Chandragiri Hills value the trust that society has placed in, as protectors of the environment and promoters of the local history and culture. It believes that good governance and transparency must be the foundation behind theirs every action and they must be accountable to their customers and stakeholders.
Morality:
Chandragiri Hills is devoted to provide ethical, fair and responsible services to their customers and stakeholders. It provides services for differently abled visitors and ensure their full access to our attractions. We endeavor to enable the community at all levels to enjoy their visit to our beautiful destination.
Cable Car:
A cable car trip is the shortest means to reach Chandragiri Hills’ top station. The 2.5 km long cable car ensures a smooth and safe journey, all the while giving you an up-close view of the untainted wilderness.
Cable Car: The 2.5 km cable car ride takes 9 minutes to reach the Chandragiri Hills’ top station.
A cabin accommodates 8 passengers. A child above 3 feet of height requires a ticket.
Drive: The 11km off-road drive to the top of the hill awaits adventurers.
Trekking: A 3 hr hike along a designated trail is for those who like to take their time to soak in the vistas of the wilderness.
Tickets Rates:
Discounts:
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