Hazoor Multi Projects Limited | 𝗣𝗼𝘄𝗲𝗿𝗶𝗻𝗴 𝗚𝗿𝗼𝘄𝘁𝗵 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗙𝘂𝗻𝗱 𝗥𝗮𝗶𝘀𝗲

𝗥𝗲𝗰𝗲𝗻𝘁 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁:

Hazoor Multi Projects Ltd.'s board has approved the issuance of 7 Cr warrants at INR 55 each, aggregating to INR 384 Cr. This fundraiser aims to fuel the company's expansion into the emerging Green Energy sector and related businesses.

𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

1. Attractive Valuation: PE ratio of 13.2x, within the sector range of 10-50.

2. Fund Raise: INR 384 Cr raised to support growth initiatives.

3. Ace Investor: Participation from reputable investors, including Minerva Ventures Fund, Zeal Global Opportunities Fund, and Bridge India Fund.

4. Institutional Entry: Potential for institutional investors to participate in the company's growth story.

5. Infrastructure Sector: Operating in a growing sector with increasing demand.

𝗖𝗼𝗺𝗽𝗮𝗻𝘆 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄:

1. Market Capitalization: INR 1,113 Crore (as of January 30th, 2025).

2. Share Price: INR 53.5 per share (as of January 30th, 2025).

3. TTM PE: 13.2x (as on January 30th, 2025).

4. Retail Float: 21.6% (as of December 2024).

𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗗𝗲𝘀𝗰𝗿𝗶𝗽𝘁𝗶𝗼𝗻:

Hazoor Multi Projects Ltd., incorporated in 1992, has transformed its business from residential construction to infrastructural development. The company now operates as a subcontractor, executing national highway road projects awarded by government authorities.

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