Prabhu Cable Car & Tourism Limited

Prabhu Cable Car and Tourism Limited operates and manages Cable Car systems, providing transportation services for religious (mostly Hindus and Buddhists from SAARC Countries) visitors and passengers. Cable cars are a form of mass transit or tourist attraction that uses Cables and pulley systems to transport cabins or Cars along fixed routes. Here is an overview of Prabhu Cable Car and Tourism Ltd:

Prabhu Cablecar and Tourism Limited is a subsidiary company of Prabhu Groups, as it is a major investor company of Prabhu Cablecar and Tourism Limited. The authorized capital of the company is 250 crores, Issued capital is 250 crores and Paid Up capital is 220 crores. In this equity, Prabhu Holdings Limited has 19.6%. Likewise, Hydro Holdings Limited owns 19.6%, Prabhu Jalbiddhyut Bikash Limited owns 9.8%, and Prabhu Urja Krishi Paryatan Bikas Limited owns 51%. After the initial public offering (IPO), at least 70% stake in this company will remain with Prabhu Groups and Companies. This company is constantly working to guarantee corporate governance to its shareholders and to give high returns to its investors.