Prabhu Helicopter Limited to Float 6,125,000 Shares in IPO
April 22, 2025 | Investopaper
Prabhu Helicopter Limited is in the process of issuing shares to the general public (IPO).
For this purpose, the company has submitted the application to the Securities Board of Nepal (SEBON) on Chaitra 20, 2081 BS. Only after receiving the approval from the regulatory body, the company can float the shares to the public.
If approved by SEBON, the company has plans to issue 6,125,000 shares in the IPO. At a par value of Rs. 100, the public offering amounts to Rs. 61.25 crores.
The company has appointed Muktinath Capital Limited as the issue and sales manager for the public offering. An agreement has been reached between the company and Muktinath Capital on this regard. The agreement was signed by Subhash Amatya, Managing Director of Prabhu Helicopter and Kavindradhwaj Joshi, Chief Executive Officer of Muktinath Capital.
About Prabhu Helicopter Limited
Prabhu Helicopter Limited has been providing services with helicopters such as the H125 manufactured by Airbus and the Robinson R66 manufactured by the American Robinson Helicopter Company.
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