Results Update
Six Month FY19 Results( Read Financials here)
Key Points:
1. As per the Balance Sheet of
6MFY19, the Company has Net Worth of
581.67 Cr and Outstanding Shares of
6.765 Cr. So Book Value is
86.
2. The Company is meeting members on
15.03.2019 to do Private Placement of
13,816,344 at Rs.
180 Per Share. Thereby Garnering close to
248 Cr from the Equity Dilution. (
Click here to read PDF report)
3.
After this Private Placement, the Net-Worth would be 830 Cr and Outstanding Shares would be 8.146 Cr. So Book Value would become close to 101 after this deal.
4. The P/B at CMP of
Rs. 270 per share would be
2.67 after the deal.