Hazoor Multi Projects Limited, founded in 1992, serves as an infrastructure and real estate company. They work on infrastructure development and construction projects such as road and highway building.
Hazoor Multi Projects’ construction business includes contract engineering, procurement, and construction (“EPC”). They primarily work in the road and highway industry. Additionally, the corporation is constructing a “National Highway No 548-A from Section Waken Pali to 2 lanes with paved shoulder.”
Taking the business to an entirely novel stage, the company contributes in land development and the acquisition of land and landed assets.
They also actively construct structures, multi-story buildings, residential and commercial complexes, townships, and motorways. Hazoor Multi Projects Limited is able who applied current infrastructure and construction approaches thanks to an effective combination of sophisticated construction equipment and efficient labour resources. Some of the projects of the company under implementation are:
- Wakan – Pali Highway (40Km Stretch In the State of Maharashtra)
- Nagpur-Mumbai Super Communication Expressway Limited
- Project – Arawali – Kante Section for the Ratanagiri City
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 Detail
| Issue Open | Feb 3, 2023 – Mar 3, 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 | Mar 3, 2023 |
| Deemed Date of Allotment | Feb 28, 2023 |
| Credit Date | Mar 3, 2023 |
| Listing Date | Mar 8, 2023 |
Hazoor Multi Projects Limited Financial Information (Consolidated)
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
Hazoor Multi Projects Rights Issue 2023 FAQs
Q1. When is Hazoor Multi Projects Rights Issue 2023 coming?
Ans. The Hazoor Multi Projects Rights Issue 2023 opens on Feb 3, 2023, and closes on Mar 3, 2023.
Q2. What is the schedule for Hazoor Multi Projects Rights Issue 2023?
Ans. Hazoor Multi Projects Rights Issue 2023 Schedule : Last Date for credit of Rights Entitlements Jan 25, 2023 Last Date for renunciation of Rights Entitlements Feb 15, 2023 Issue Opening Date Feb 3, 2023 Issue Closing Date Mar 3, 2023 Date of Allotment (on or about) Feb 28, 2023 Date of Credit (on or about) Mar 3, 2023 Date of Listing (on or about) Mar 8, 2023
Q3. What is the issue price for Hazoor Multi Projects Rights Issue 2023?
Ans. Hazoor Multi Projects Rights Issue 2023 price is set at ₹88 per share per equity share.
Q4. In what ratio is the Hazoor Multi Projects Rights Issue 2023 offered?
Ans. The eligible shareholders are being offered 1 EQUITY SHARE FOR EVERY 2 EQUITY SHARES Held ON THE RECORD DATE (Jan 20, 2023).
Q5. What is the record date for Hazoor Multi Projects Rights Issue 2023?
Ans. The record date for the Hazoor Multi Projects Rights Issue 2023 is Jan 20, 2023.
Q6. What is the issue size of Hazoor Multi Projects Rights Issue 2023?
Ans. The issue size of Hazoor Multi Projects Rights Issue 2023 is of 5,075,000 equity shares at ₹88 per share aggregating upto ₹45.00 Crores.
Q7. How to apply for Hazoor Multi Projects Rights Issue 2023?
Ans. You can apply for Hazoor Multi Projects Rights Issue 2023 in two ways:
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
Steps to apply for Hazoor Multi Projects Rights Issue 2023 using Net Banking (ASBA)
- Log in to the net banking account of your bank.
- Go to the ‘IPO & Rights Issue’ section.
- Check if the Hazoor Multi Projects Rights Issue 2023 available on the list.
- Click the Apply button next to the Hazoor Multi Projects Rights Issue 2023.
- Fill and check your information.
- Submit the application.
Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.
Steps to apply for Hazoor Multi Projects Rights Issue 2023 using Registrar’s website (R-WAP)
- Visit registrar’s website
- Go to the ‘Rights Issue’ section
- Select Hazoor Multi Projects Rights Issue 2023 from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application
