Shivam Autotech Ltd

Shivam Autotech Ltd
Auto Parts & Equipments
FV – Rs 2; 52wks H/L – 36.9/15; TTQ – 16 K; CMP – Rs 27 (As On December 7, 2021);                     

            Market Cap – Rs 272 Crs

Consolidated Financials and Valuations for FY21 (Amt in Rs Crs unless specified)


Equity Capital

Net worth
 Debt
Total
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

P/BV

Promoter’s
Stake
20 113 382 487 -23 11 -2.3 2.5 74.8

Consolidated Financials and Valuations for H1 FY22 (Amt in Rs Crs unless specified)


Equity Capital

Net worth
 Debt
Total
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

P/BV

Promoter’s
Stake
20 91 405 243 -22 9 -2.2 3 74.8

 

Key Updates:

  • The Company has made a Rights issue of equity shares of Rs. 2 each in the ratio of 2:9 (2 shares for every 9 shares held) at a premium of Rs. 16 each.
  • 18 per Rights Equity Share (including a premium of Rs. 16 per Equity Share over face value of Rs.2 per Equity Share); total amount aggregating not exceeding Rs.40 crores as approved by Stock Exchange.
  • {https://www.bseindia.com/xml-data/corpfiling/AttachHis/5FE76FB3-805E-455F-B9EE-6198053D4F7F-083115.pdf}
  • Despite the pandemic, export sales for the FY 2020-21 was Rs. 17.7 Crs as compared to Rs. 8.9 Crs, registering an increase of 99%.
  • The Company remains cautiously optimistic about growth in the next financial year, as a credible recovery in the Indian economy and a positive momentum towards personal mobility.

Overview:

  • Shivam Autotech Ltd is one of the largest and most renowned manufacturers of transmission gears and shafts in India.
  • The company has been serving a large number of automobile manufacturers as their strategic and supply chain partners for the past 20 years. Since inception, the Company has undergone a multi-phased development and evolution journey.
  • The company manufactures a comprehensive range of auto components and accessories that primarily include transmission gears, transmission shafts, alternator components, starter motor components, magneto components, steering components and various precision engineering components and is the leader within the industry.
  • The company has plants at 4 strategic locations including Gurgaon, Haridwar, Bengaluru and Rohtak.

 

The company’s clientele includes:

Management:

Mr. Bhagwan Dass Narang – Chairman

Mr. Neeraj Munjal – MD

Share Price Trend:

Share Price Snapshot:

On 8th October 2015 the company made a bonus issue in the ratio of 1:1.

Financials: (Rs. Crs)

Daily Bulletin (6th December, 2021)

Daily Bulletin (6th December, 2021)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20211206-70

 

Scrip code : 541865

Name : Add-Shop E-Retail Limited

Subject : Company Has Expanded It’s Business By Open 8 New Franchise In 3 States.

Company is proudly announce to our Esteemed Stake holders that the Company had opened a 8 New franchises in 3 states. One was in Maharashtra Second in Uttar Pradesh and another was in Karnataka during previous month. We are seeing very large numbers of opportunity in this both states for our retail business. We have open 3 new franchises in different states of India to expand our franchise model during previous month. This will boosts our retail business in both of this states. We were already enjoying a good response with our products from both of this states. We received a tremendous response for our ayurvedic healthcare products as well as our agriculture products. Both the state having great potentiality regarding our products. Add-shop would be leveraging on its robust distribution network spread across the country for its ayurvedic products and agriculture products. The company having vast distribution network of more than 550 franchises spread across India.

 

Scrip code : 531252

Name : ANERI FINCAP LIMITED

Subject : Board Meeting Intimation for Discussing About Future Business Prospects And Other Related Matters Etc

Aneri Fincap Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/12/2021 ,inter alia, to consider and approve the following matters: 1. The Company has incurred a loss of Rs. 6.17 Crores as per the quarterly unaudited financial result for the quarter and half year ended September 30, 2021 and subsequently the Net Owned Fund of the Company has been reduced to Rs. 1.27 crores which is below the minimum requirement of RBI Regulation for a Non-banking Financial Company. Therefore, to discuss the matter with respect to Compliance with the various regulatory laws etc. 2.To discuss about the future business prospects of the Company. 3. Any other agenda with the permission of the Chairman.

 

Scrip code : 513375

Name : Carborundum Universal Ltd.,

Subject : Announcement under Regulation 30 (LODR)-Acquisition

We wish to inform you that CUMI International Limited, Cyprus (CIL), a wholly owned subsidiary of Carborundum Universal Limited (CUMI) has entered into an agreement on 3rd December 2021 to acquire an existing company in Germany which will become a step-down subsidiary of CUMI. This acquisition will facilitate a base in European Union (EU) facilitating CUMI Group accessing markets in EU for its portfolio viz., Abrasives, Ceramics and Electrominerals. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September 2015 is enclosed as Annexure.

 

Scrip code : 526817

Name : Cheviot Co.Ltd.

Subject : Board Meeting Outcome for Board Approves Buy-Back Of Up To 2,50,000 Fully Paid-Up Ordinary Shares Of The Company

Further to our intimation dated Monday, 29th November, 2021 and pursuant to Regulation 30 of SEBI LODR Regulations, we are pleased to inform that the Board of Directors of the Company at their meeting held on Saturday, 4th December, 2021 have approved a proposal for Buy-Back of up to 2,50,000 fully paid-up Ordinary Shares of the Company of face value of ? 10/- (Rupees Ten Only) each, representing 3.99% of the present total number of fully paid-up Ordinary Share Capital of the Company, at a price of ? 1,725/- (Rupees One Thousand Seven Hundred and Twenty-Five Only) per Ordinary Share (‘Buy-Back Price’) payable in cash for an aggregate amount of up to ? 43,12,50,000/- (Rupees Forty-Three Crores Twelve Lakhs and Fifty Thousand Only) representing 8.61% of the aggregate paid-up capital and free reserves as per latest standalone audited financial statements of the Company for the financial year ended 31st March, 2021 (‘Buy-Back Offer Size’).

 

Scrip code : 500171

Name : GHCL Ltd.

Subject : Announcement under Regulation 30 (LODR)-Scheme of Arrangement

Outcome of Board meeting held on December 6, 2021 – Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions, if any, intimation be and is hereby given that Board of Directors in their just concluded meeting held on Monday, 6th December 2021 have approved the following: (i) Divestment of Home Textiles Business (ii) Approval for Scheme of Demerger of Spinning Business.

 

Scrip code : 538979

Name : Greenlam Industries Ltd

Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition

Further to our letter dated August 28, 2021 regarding the acquisition of shares of HG Industries Limited (formerly Himalaya Granites Limited) (‘Target Company’), we wish to inform you that Greenlam Industries Limited (“the Company”) has on December 03, 2021) acquired 34,70,566 equity shares representing 74.9% of the total paid-up equity share capital of the Target Company at a price of Rs. 40.10/- per equity share from Mr. Saurabh Mittal, Ms. Parul Mittal, Mr. Shiv Prakash Mittal and S. M. Safeinvest Private Limited (collectively referred to as ‘Sellers’ i.e. shareholders forming part of promoter and promoter group of the Target Company), pursuant to the Share Purchase Agreement (‘SPA’) executed between the Company and Sellers dated August 28, 2021. For complete information, please refer the attachment.

 

Scrip code : 500183

Name : HFCL LIMITED

Subject : Announcement under Regulation 30 (LODR)-Qualified Institutional Placement

The Fund Raising Committee of Directors (the “Committee”) has, at its meeting held today i.e. December 06, 2021, inter alia, approved that the proposed fund raise shall be by way of a qualified institutions placement of Equity Shares in accordance with the SEBI ICDR Regulations and the Companies Act, 2013 and the rules made thereunder, each as amended and passed the following resolutions in connection with the Issue: a. Authorizing the opening of the Issue today, i.e. December 06, 2021; b. Approving the floor price for the Issue, being Rs.72.33 per Equity Share (“Floor Price”), based on the pricing formula as prescribed under the SEBI ICDR Regulations; and c. Approving and adopting the preliminary placement document dated December 06, 2021, together with the application form in connection with the Issue.

 

Scrip code : 542332

Name : Hi-Klass Trading and Investment Limited

Subject : Corporate Action-Intimation of Sub division / Stock Split

Dear Sir/Madam, Pursuant to Regulation 42 (2) of the SEBI (LODR) 2015, the Company has fixed Friday, i.e. 24th December, 2021 as the Record Date, to ascertain the name of shareholders entitled for Subdivision/split of equity shares of the nominal value of Rs. 10 (Rupees Ten Only) each to a nominal value of Rs. 5 (Rupees Five Only) per share. This is for your information and records.

 

Scrip code : 533177

Name : IL&FS Transportation Networks Limited

Subject : Announcement under Regulation 30 (LODR)-Diversification / Disinvestment

Intimation of execution of Share Purchase Agreement for sale of equity shares held in Moradabad Bareilly Expressway Limited, subsidiary of the Company.

 

Scrip code : 521016

Name : Indo Count Industries Ltd

Subject : Announcement under Regulation 30 (LODR)-Acquisition

We are pleased to inform the exchanges that the Board at its meeting held today has approved (i) acquisition of Home Textile business of GHCL Limited, which includes manufacturing facilities at Vapi, Gujarat on a going concern basis, by way of slump sale in accordance with the terms of Business Transfer Agreement and (ii) acquisition of specified assets (inventory and intellectual property) of the US subsidiary of GHCL Limited in accordance with the terms of Asset Transfer Agreement. The disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is attached.

 

Scrip code : 543228

Name : Route Mobile Limited

Subject : Announcement under Regulation 30 (LODR)-Updates on Acquisition

Further to our letter dated October 12, 2021, it is hereby informed that our Company’s wholly-owned subsidiary, Routesms Solutions FZE (‘RSL FZE’), has successfully completed the acquisition of Interteleco International for Modern Communication Services (Limited Liability Company), Kuwait. The same is also uploaded on the Company”s website at www.routemobile.com.