Prabhu Cable Car Offers Shares at Rs. 130 Per Unit

4th September 2025, Kathmandu

Prabhu Cable Car & Tourism Limited, a prominent player in Nepal’s tourism and infrastructure sectors, has announced a share sale at a fixed rate of NPR 130 per share.

Prabhu Cable Car Shares

This offering, which initially targets existing promoter shareholders, is a strategic move to restructure equity and will provide a potential entry point for the general public if the shares remain unsubscribed. This initiative is a significant step for the company as it prepares for future growth and aims to broaden its investor base in Nepal’s dynamic capital market.

A Phased Offering for Promoter and General Shareholders

The company has put up 10,000 shares for sale, which are registered under the name of existing promoter shareholder Purushottam Shrestha. The share sale is structured in a clear, two-stage process. The initial phase is exclusively for the company’s current promoter shareholders, who have the first right of refusal. This phase will last for a period of 35 days from the date of the official notice. This gives promoter shareholders a unique opportunity to increase their stake and further invest in the company’s vision and long-term potential.

Should any shares remain unsubscribed by the promoter shareholders after the 35-day window, the company will then make them available for purchase by the general public. This provision is crucial as it ensures that the offering, even if small in size, can eventually reach a wider group of investors, providing them with a rare chance to invest in a company that is not yet listed on the Nepal Stock Exchange (NEPSE). The fixed price of NPR 130 per share makes this a relatively affordable investment opportunity, especially when compared to the prices of many recent IPOs and the market value of some other shares in the tourism and infrastructure sectors. This reflects a deliberate strategy by the company to make the offering accessible and attractive.

The Application Process and Strategic Significance

For interested shareholders, the application process is direct and transparent. Applications can be submitted in person at the company’s head office in Tinkune, Kathmandu, Nepal. The simplicity of the application process is designed to ensure a smooth and efficient sale. The company’s decision to conduct this share sale reflects a broader strategy to strengthen its financial position and enhance corporate transparency. By adhering to regulatory requirements for the secondary sale of promoter shares, Prabhu Cable Car is demonstrating its commitment to sound corporate governance. This move is a signal to the market that the company is actively preparing for future growth, potentially including a full-fledged IPO down the line.

The offering’s strategic significance extends beyond financial restructuring. It provides a way for the company to reward its early investors while also giving new investors a chance to participate. The backing of the Prabhu Group, a well-known business conglomerate in Nepal with extensive interests in banking, insurance, remittance, and tourism, adds significant credibility and stability to the venture. The company’s flagship project, the Prabhu Cable Car, is more than just a transportation service; it’s a tourist attraction that enhances accessibility to major religious and natural sites, contributing directly to Nepal’s tourism infrastructure. This dual-purpose model is a key element of the company’s long-term business plan and provides a compelling narrative for potential investors.

Alignment with Broader Economic Trends

This share sale is particularly timely, as it aligns with several positive trends in Nepal’s economy. The tourism sector is on a steady path of recovery following the global pandemic, with both domestic and foreign visitor numbers on the rise. Infrastructure projects, particularly those that support tourism, are attracting increasing investment. At the same time, Nepal’s capital market is seeing a surge in retail investor participation, with a growing demand for affordable entry points into companies with high growth potential. The offering from Prabhu Cable Car caters directly to this demand, providing a unique opportunity to invest in a company that is directly linked to two high-growth sectors: tourism and infrastructure.

While the offering of 10,000 shares is modest, its importance lies in what it represents: a chance for investors to engage with a key player in a promising sector. For the wider market, it showcases the increasing diversity of investment opportunities beyond the traditional banking and hydropower companies that have long dominated NEPSE. The success of this sale will be a good indicator of investor appetite for tourism-focused ventures and may encourage other companies in the sector to follow a similar path.

Conclusion

The announcement by Prabhu Cable Car & Tourism Limited to sell shares at NPR 130 per unit marks an important development for the company and a notable opportunity for investors. The sale is structured to give existing promoter shareholders the first right to purchase within a 35-day period, after which any remaining shares will be made available to the general public. By making this offering accessible at a fixed and attractive price, the company is not only working to strengthen its financial position but is also aiming to broaden its investor base. Backed by the strong reputation of the Prabhu Group and operating in a high-growth sector, Prabhu Cable Car is poised to play an important role in the future of Nepal’s tourism and infrastructure. This share sale provides a clear, timely, and accessible avenue for investors to become a part of the company’s ongoing journey and to invest in a sector critical to Nepal’s economic future.

For More: Prabhu Cable Car Shares