Hazoor Multi Projects Rights Issue 2023 Details

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Hazoor Multi Projects Limited, a 1992 incorporation, operates as an infrastructure and real estate firm. They work on building and developing infrastructure, such as building roads and highways. Engineering, procurement, and construction (“EPC”) work is performed under contract by the company. They primarily work in the domain of highways and roads. A “National Highway No. 548-A from Section Waken Pali to 2 lanes with paved shoulder” is also being built by the corporation right now. 

The corporation expands its scope of operations by engaging in the business of land development and the purchase of land and landed assets. They also actively participate in the development of single-story buildings, multi-story structures, townships, commercial complexes, and motorways. Hazoor Multi Projects Limited is capable of implementing contemporary construction approaches and infrastructure thanks to a productive combination of high-tech construction machinery and effective human resources. 

A few of the business’s current projects include: 

Wakan – Pali Highway (40Km Stretch in the State of Maharashtra) 

Nagpur-Mumbai Super Communication Expressway Limited 

Project – Arawali – Kante Section for the Ratanagiri City 

Hazoor Multi Projects Rights Issue 2023 Detail

Issue OpenFeb 3, 2023 – Feb 20, 2023
Security NameHazoor Multi Projects Limited
Issue Size (Shares)5,075,000
Issue Size (Amount)₹45.00 Crores
Issue Price₹88 per share
Face Value₹10 per share
Listing AtBSE
Terms of PaymentRs. 22 on the Application, and Rs. 66 in one or more calls as may be determined.
Entitlement1 EQUITY SHARE FOR EVERY 2 EQUITY SHARES Held ON THE RECORD DATE
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Hazoor Multi Projects Rights Issue 2023 Issue Timetable

Record DateJan 20, 2023
Credit of Rights EntitlementsJan 25, 2023
Bid/Offer Opens OnFeb 3, 2023
Renunciation of Rights EntitlementsFeb 15, 2023
Bid/Offer Closes OnFeb 20, 2023
Deemed Date of AllotmentFeb 28, 2023
Credit DateMar 3, 2023
Listing DateMar 8, 2023

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet Worth
31-Mar-2022.320.350.0522.16
31-Mar-2132.7324.30.4322.33
31-Mar-2272.84112.642.4824.81
Amount in ₹ Crore

Objects of the Issue:

The Company proposes to utilize the net proceeds from the Issue towards funding the following objects:

  1. To part finance Working Capital;
  2. To meet General corporate purposes;
  3. To meet the expenses of the Issue.

Hazoor Multi Projects Rights Issue 2023 Documents

Company Contact Information

Hazoor Multi Projects Limited
601-A, Ramji House Premises CSL.,
30, Jambulwadi, J.S.S. Road,
Mumbai – 400 002

Phone: +91-22-22000525
Email: hmpl.india@gmail.com
Websitehttps://www.hazoormultiproject.com/

Hazoor Multi Projects Rights Issue 2023 Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: hazoor.rights@linkintime.co.in
    Websitehttps://linkintime.co.in/

Hazoor Multi Projects Rights Issue 2023 Lead Manager(s)

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