Daily Bulletin (15th February, 2022)

Daily Bulletin (15th February, 2022)

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220214-37

 

Scrip code : 532149

Name : Bank of India

Subject : Notice For Exercise Of Call Option In Respect Of 8.00% BOI Tier II Bonds Series XIV (ISIN No. INE084A08110)
Fixation Of Record Date – 25H February, 2022 Notice for Exercise of Call Option in respect of 8.00% BOI Tier II Bonds Series XIV (ISIN No. INE084A08110) Fixation of Record Date – 25h February, 2022.

 

Scrip code : 543283

Name : BARBEQUE-NATION HOSPITALITY LIMITED

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

the investment and allotment of equity shares has been completed on February 11, 2022.

 

Scrip code : 526817

Name : Cheviot Co.Ltd.

Subject : Announcement under Regulation 30 (LODR)-Closure of Buy Back

Confirmation of extinguishment of 2,50,000 ordinary shares bought back by the Company.

 

Scrip code : 542918

Name : Gian Life Care Limited

Subject : Board recommends Bonus Issue

Gian Life Care Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 14, 2022, inter alia, has recommended issue of Bonus Shares to the shareholders in the ratio of 6:5, (Six Bonus shares for every Five Equity shares held by the equity shareholders of the Company), subject to the approval of shareholders.

 

Scrip code : 532754

Name : GMR Infrastructure Limited

Subject : Update On Allotment Of Shares Of GMR Power And Urban Infra Limited

GMR Power and Urban Infra Limited (GPUIL/Resulting Company) has allotted the 603594528 equity shares to the shareholders of GMR Infrastructure Limited (GIL/Demerged Company). GPUIL has allotted 1 equity share of Rs. 5/- each, to the shareholders of GIL, for every 10 equity shares of Rs. 1/- each held in GIL. Also, GPUIL has executed all corporate actions for crediting the shares into the Demat account of respective shareholders. GPUIL has also initiated the process to obtain the in-principal approval and listing of 603594528 equity shares on both, BSE and NSE, stock exchanges.

 

Scrip code : 543367

Name : Paras Defence and Space Technologies Limited

Subject : Statement Of Deviation Or Variation In The Use Of Proceeds Of Initial Public Offer (IPO) Of The Company

Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that there is no deviation or variation in the use of proceeds, from the objects stated in the prospectus for Initial Public Offer (IPO) of the Company dated September 25, 2021. A statement confirming that there is no deviation or variation in the utilisation of proceeds, duly reviewed by the Audit Committee and approved by the Board of Directors is enclosed. Out of the total funds received, as on December 31, 2021, Rs. 660.00 million was held in the form of Fixed Deposits with Kotak Mahindra Bank Limited and Rs. 38.85 million is lying in the Monitoring Agency Account held with Kotak Mahindra Bank Limited and was yet to be utilized. The balance amount of Rs. 545.68 million has been utilized for the objects as stated in the Prospectus of the Company dated September 25, 2021.

Steel Exchange India Ltd

Steel Exchange India Ltd
Iron & Steel/ Interm.Products
FV – Rs 10; 52wks H/L –263.5/45.1 ; TTQ – 3500 ; CMP – Rs 220 (As On February 15th, 2022) ;                    

                Market Cap – Rs 1973 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
80.39 302 508 898 140 38 12.6 12 5.7 49.78

 

Consolidated Financials and Valuations for H1 FY22


Equity Capital

Net worth
 

Debt


Total
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

P/BV

Promoter’s
Stake
80.08 294 508 470 -8 37 -1

5.9

49.72

 

The company has successfully paid Rs.510.17 Crores and settled the dues of all the Lenders on 29.01.2021 that was almost 7 Months before the due date 31.08.2021 of OTS (One Time Settlement) by raising listed NCDs under private placement amounting to Rs.382.80 crores which was subscribed to by group of Investors led by M/s Edelweiss and the remaining Rs.17.20 Crores by way of equity share subscription for 44,04,059 equity shares on 01.02.2021 at a price of Rs.39 per share which includes share premium of Rs.29 per share by group of Investors led by M/s Edelweiss.

The Company approved allotment of over Rs. 2.3 crs Compulsory Convertible Debentures and 5822150 Convertible Warrants at Rs.72.5 each.

Overview:

  • Steel Exchange India Ltd has been established in the field of iron and steel manufacturing and is the AP’s largest private integrated steel plant. The company aims to grow as a quality steel product hub, increasing the customer base and clientele organizations.
  • The Company was incorporated in Februarary 1999 as Pyxis Technology Solutions Ltd.
  • The company promoted by team of technocrats, friends and relatives.
  • In December 1999 the Steel Exchange India Ltd was incorporated as 100 percent subsidiary of Pyxis Technologies.

Management:

  • B. Satish Kumar – CMD
  • B. Ramesh Kumar – CFO

Share Price Trend:

Share Price Snapshot:

Year Open (Rs.) High (Rs.) Low (Rs.) Close (Rs.)
2015 57 65.6 28.6 44.75
2016 44.9 94.95 26.2 88.9
2017 88 133.45 32.25 42.15
2018 42.1 50.65 13.6 15.4
2019 15 25.25 9.06 25.25
2020 26.5 47.05 11.61 46.3
2021 47.8 185 45.1 173.3
2022 174.45 263.5 174.45 207.9

 

Segment Results: