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 Open | Feb 3, 2023 – Feb 20, 2023 |
| Security Name | Hazoor 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 At | BSE |
| Terms of Payment | Rs. 22 on the Application, and Rs. 66 in one or more calls as may be determined. |
| Entitlement | 1 EQUITY SHARE FOR EVERY 2 EQUITY SHARES Held ON THE RECORD DATE |
Hazoor Multi Projects Rights Issue 2023 Issue Timetable
| Record Date | Jan 20, 2023 |
| Credit of Rights Entitlements | Jan 25, 2023 |
| Bid/Offer Opens On | Feb 3, 2023 |
| Renunciation of Rights Entitlements | Feb 15, 2023 |
| Bid/Offer Closes On | Feb 20, 2023 |
| Deemed Date of Allotment | Feb 28, 2023 |
| Credit Date | Mar 3, 2023 |
| Listing Date | Mar 8, 2023 |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-20 | 22.32 | 0.35 | 0.05 | 22.16 |
| 31-Mar-21 | 32.73 | 24.3 | 0.43 | 22.33 |
| 31-Mar-22 | 72.84 | 112.64 | 2.48 | 24.81 |
| Amount in ₹ Crore |
Objects of the Issue:
The Company proposes to utilize the net proceeds from the Issue towards funding the following objects:
- To part finance Working Capital;
- To meet General corporate purposes;
- 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
Website: https://www.hazoormultiproject.com/
Hazoor Multi Projects Rights Issue 2023 Registrar
- Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: hazoor.rights@linkintime.co.in
Website: https://linkintime.co.in/
