We have divested the refractory businesses into a company called Dalmia Bharat Refractory Ltd. We have actually consolidated the refractory business…and have combined all the refractory businesses into one. Shareholders and creditors have approved this
Please click ;-
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Post merger approval there seems to be a sharp rise in the rate ,around Rs.800 /- buyers are quoting for buying Dalmia Refractories shares. Very little floating stock. Dealers of Unlisted shares are phoning / sending letter to individual shareholders of Dalmia Refratories .
CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THIS COMMENT.PLEASE RECHECK INDEPENDENTLY ALSO
OLD POST
Blog Comments ;-
1 .For 100 shares of Dalmia Refractories 768 shares of Dalmia Bharat Refractories , earlier named SDMM.
2 . Valuation of 1 share of Dalmia Bharat Refractories has been worked at Rs, 190 / 60 p.
3 . This is 2019 valuation parameters .Value of combined Entity may have gone up may be also because of depreciation of Indian Rupee .
4. Dalmia Bharat Refractories i.e. SDMM would be the ultimate manufacturing Co. and would be Listed , also in BSE. There would be No Step Down Company .
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April 23, 2021
Dalmia Refractories Share Valued at Rs.1463 in 2019 by Official Valuation Experts
For Downloading the valuation Report , first click the link ;-
https://www.dalmiarefractories.com/otherdocument.html
then
click on + Scheme of Arrangement and Amalgamation
then
Download in PDF Valuation Report by clicking on ;-
Scheme of Amalgamation and Arrangement,
Page 13 , Annexure
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Blog Credit to ;-
Mr. Vijay, Jalandhar , m 7009409142
himanshusoi478@gmail.com
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CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THE ABOVE MENTIONED CONJECTURES . PLEASE DO ONLY A FURTHER SELF STUDY
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General Warning : Investment in Shares Can be Injurious to Your WEALTH
Disclosure
: The Blog writer in his / family names has holdings in this Company
So please make suitable " provisions " for any likely Over Optimism
NB
:All information given in good faith. Please recheck every point before
taking any investment decision. No responsibility with this Blog or
Blog Writer.
We have divested the refractory businesses into a company called Dalmia Bharat Refractory Ltd. We have actually consolidated the refractory business…and have combined all the refractory businesses into one. Shareholders and creditors have approved this…We will not be investing in refectories. The company will have its own balance sheet and management team, and they will be taking care of it separately.
Refractories cos like IFGL , Vesuvius are doing extremely well even in these times. So no need to worry about valuation and future prospects.
ReplyDeleteDalmia Bharat refractories limited may list in bse by the end of December 2021. I hope that share rate be list in bse @ 1000/- plus because ocl refractories division is in DBRL THE share holder of Dalmia Refractories get 768 share of DBRL in books of DBRL rate of share is rs.190 of 10 rs paid
ReplyDeleteIf some one have 1500 share of Dalmia Refractories he have allotted 11520 share of Dalmia Bharat refractories limited Dbrl paid @180/- premium for rs. 10 face value in books of account the value of Dbrl share becomes 2188800 think when share is listed in bse what happen. Any thing can happen in share market
ReplyDeleteI think the share rate of Dalmia Refractories Limited at present is rs.1800+ coz Dalmia Refractories limited in 2019 valued that their share rate is 1463 rs.
ReplyDelete