Tag: Bhagawati

  • Bhagawati Hydropower’s Q2 Earnings Surge 23.26%; Long-Term Debt Cleared, Revenue Rises 13.31%

    Bhagawati Hydropower’s Q2 Earnings Surge 23.26%; Long-Term Debt Cleared, Revenue Rises 13.31%


    Bhagawati Hydropower Limited (BGWT) has announced a net profit of Rs. 3.77 Crores in the second quarter (Q2) of the current fiscal year 2080/81, marking a 23.26% increase from the same quarter last year when it was Rs. 3.06 crores.

    Notably, the company has successfully paid off its long-term loans, resulting in no long-term debt burden. This move is expected to significantly reduce finance costs, as the company’s financial obligations will now primarily focus on short-term liabilities. As a result, a substantial portion of the sales revenue is expected to be channeled towards strengthening reserves.

     

  • “Bhagawati Hydropower IPO: 712,220 Shares for General Public from Bhadra 05”

    “Bhagawati Hydropower IPO: 712,220 Shares for General Public from Bhadra 05”


     

    Bhagawati Hydropower Development Company Limited is set to release 712,220 IPO shares starting from the 5th of Bhadra, 2080. The initial application deadline for this offering is on the 8th of Bhadra, with a possibility of extension until the 19th of Bhadra, if the subscription target is not met.

    Among the total 858,097 units, 10% (85,810 units) have already been allocated to Nepalese citizens working abroad, 5% (42,905 units) are reserved for mutual funds, and 2% (17,162 units) are set aside for the company’s employees. The remaining 712,220 units are available for the general public.

    These shares are being offered at a price of Rs. 116 per share, which includes a premium of Rs. 16 along with the Rs. 100 face value.

     

  • “Last Day for Locals IPO: Bhagawati Hydropower”

    “Last Day for Locals IPO: Bhagawati Hydropower”


     

    Bhagawati Hydropower Development Company Limited is wrapping up its IPO for project-affected locals today, the 14th Shrawan. The company issued a total capital of Rs. 57.20 Crores, with 10% (572,065 unit shares) allocated to locals in the Kaski District. Additionally, 15% of the capital (858,097 unit shares) will be offered to the general public later. Out of this, 10% (85,810 unit shares) were set aside for Nepalese citizens working abroad, and their issue closed on the 7th Shrawan, 2080.