In the Annual Report 2011-12 there has been a big jump of
Rs.155 crore ( as Current Asset - i.e.Land as Stock in Trade ) as the company is now in the business of real estate and may have revalued the book value of its land at current valuations
As on 31-03-12
Share Capital - Rs.3 cr 28 Lakh ( Face Value Rs. 10 )
Reserves : Rs. 210 crore
Book Value Per Share : Around Rs. 658
http://www.rareindianshares.info/2011/09/shervani-industrial-syndicate-limited.html
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General Warning : Investment in Shares Can be Injurious to Your Wealth
All facts stated in good faith. Please recheck all points before taking any investment decision ( No responsibility with the writer or blog )
CAUTION : The writer has in his / family members' names holding in this Company. So make adequate " provisions " for any over optimism
Rs.155 crore ( as Current Asset - i.e.Land as Stock in Trade ) as the company is now in the business of real estate and may have revalued the book value of its land at current valuations
As on 31-03-12
Share Capital - Rs.3 cr 28 Lakh ( Face Value Rs. 10 )
Reserves : Rs. 210 crore
Book Value Per Share : Around Rs. 658
http://www.rareindianshares.info/2011/09/shervani-industrial-syndicate-limited.html
-----------------------------------------------------------------------------------------------------------------
General Warning : Investment in Shares Can be Injurious to Your Wealth
All facts stated in good faith. Please recheck all points before taking any investment decision ( No responsibility with the writer or blog )
CAUTION : The writer has in his / family members' names holding in this Company. So make adequate " provisions " for any over optimism
Geep ( Shervani ) is very good investment at this rate and it can go up to four figures as it is asset laden and with a very small share capital of around Rs. 3 crores. Book Value Rs.600 / share. But it is not a Gillette group company. t sold out its Geep brand to Gillette and converted its huge factory land in Allahabad in to a massive Real Estate project ( Shervani Legacy ). Geep further owns a biscuit factory and owns shares in Group `s Hotel, Sugar and Electronic component manufacturing units
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