(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|
|Year||CA||CL||Current Ratio||Receivable Days||CFO||Capital Exp.||FCF|
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.
Yes, buying and selling of unlisted shares in India is 100% legal.
If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
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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If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.
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We at UnlistedZone do the valuation based on 2 methods.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.
We source shares either from the employees or initial investors looking to liquidate their Hutti Gold Mines Company Limited Unlisted Shares.
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.
Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.
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