(i) Hutti Gold Mines Company Limited (HGML), Government of Karnataka Undertaking (Established in 1947 as Hyderabad Gold Mines), has the unique distinction of being the only producer of primary gold in the country.
(ii) HGML has been active in the Exploration, Development, and Exploitation of gold deposits occurring in Karnataka.
(iii) The Company’s Corporate Office is situated in Bangalore and it operates two units-The Hutti Gold unit (HGU), in Raichur district, and the Chitradurga Gold Unit (CGU) in Chitradurga district with an operating mine at Ajjanahalli (Tumkur District).HGU is a fully integrated unit with a capacity to produce 5,50,000 tonnes per annum.
(iv) The HGML currently processes ore from Hutti Gold Mine and two satellite mines at Uti (opencast) and Hira-Buddinni (Exploratory underground mine). Major expansion including the extended capacity of the metallurgical plant in a phased manner is also under consideration. However, CGU’s operations for gold mining and processing ore temporarily suspended and the company has diversified into wind form projects and as established 11.2MW in its leased premises.
Total Available Shares: | 10 |
Face Value: | ₹ 100 Per Equity Share |
Lot Size: | 1 Shares |
Current Unlisted Share Price: | ₹ 119838 Per Equity Share |
Name of the Shareholder | Number of Shares | % of Equity |
Govt. of Karnataka | 2,20,186 | 74.34 |
KSIIDC | 57,500 | 19.41 |
KSMCL | 15000 | 5.06 |
Year | Revenue | EBITDA | OPM | PAT | NPM | Shares | F.V. | EPS |
2016 | 43,972 | 3,999 | 9% | 679 | 2% | 2.96 | 100 | 229 |
2017 | 47,882 | 6,994 | 15% | 3,157 | 7% | 2.96 | 100 | 1,066 |
2018 | 43,703 | 7,022 | 16% | 3,043 | 7% | 2.96 | 100 | 1,027 |
2019 | 54,491 | 14,916 | 27% | 8,034 | 15% | 2.96 | 100 | 2,712 |
2020 | 76,967 | 28,882 | 37% | 17,524 | 23% | 2.96 | 100 | 5,916 |
2021 | 59,969 | 22,632 | 38% | 14,853 | 25% | 2.96 | 100 | 5,014 |
Year | CA | CL | Current Ratio | Receivable Days | CFO | Capital Exp. | FCF |
2016 | 81,411 | 13,198 | 6 | 4 | -4,523 | 14,303 | -18,826 |
2017 | 70,390 | 15,207 | 5 | 3 | -12,663 | 3,780 | -16,443 |
2018 | 83,733 | 19,206 | 4 | 3 | 5,151 | 2,176 | 2,974 |
2019 | 1,08,844 | 21,125 | 5 | 7 | 20,391 | 1,842 | 18,549 |
2020 | 1,09,152 | 15,662 | 7 | 0 | 13,841 | 4,433 | 9,408 |
2021 | 1,13,384 | 24,812 | 4 | 0 | 1,649 | 5,566 | -3,917 |
Please find below the procedure for buying Hutti Gold Mines Company Limited Unlisted Shares at UnlistedZone.
Please find below the procedure for selling Hutti Gold Mines Company Limited Unlisted Shares at UnlistedZone.
Lock-in period of Hutti Gold Mines Company Limited Unlisted Shares depends upon category of investors.
DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Hutti Gold Mines Company Limited Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Hutti Gold Mines Company Limited Unlisted Shares then minimum investment would be 35-50k.
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If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.
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The Hutti Gold Mines Company Limited Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.
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Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Hutti Gold Mines Company Limited Unlisted Shares in the unlisted market itself.
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Market Wizard
Future Outlook
(i) India is the second largest consumers of gold next only to China. The production of gold by HGML will meet just ½ % of gold demand in India. There is a huge scope of opening up of the gold sector in India. The Company in addition to its exclusively mining facilities has identified 14 blocks of 16109 hect. in Hutti-Muski Schist Belt which has the potential of gold reserves in the ore of about 30 mts. The proposal in this regard is at various stages of approvals at Govt. level.
(i) But, the gold prices in India are dependent on the ruling international gold prices and vary based on changes in the global economic factors. As the production of gold by HGML is very minimal compared to a total demand and supply position of gold, the external factors will affect its operations only in case of substantial fall in gold prices from the present level. Your Company has a regular review of movement in gold prices and will take suitable/needful actions to sustain its operations including cost reduction measures, in case of adverse movements in the market. The Govt. of India has proposed a gold monetization scheme and issue of gold bonds so as to reduce imports on gold which has a consequent impact on the Current Account Deficit of the Government. The deposit of part of the stock of the gold under Gold Monetisation Scheme is under active consideration of the Company.