For the year ending March 2021 Hindustan Petroleum Corporation has declared an equity dividend of 227.50% amounting to Rs 22.75 per share. At the current share price of Rs 292.55 this results in a dividend yield of 7.78%. Ex-Date 08-07-2021
34. P Patel| Link| Bookmark|
June 29, 2021 10:16:10 PM
IPO Mentor (900+ Posts, 900+ Likes)
Some financial information
Description ---------------- Mar-2019 ------ Mar-2020 ------- Mar 2021 ===================================================== Revenue (in million)------- 53255 ------------ 63726 ------------ 78441 EBIDTA (in million) ------- 13263 ------------ 16370 ------------- 19125 PAT (in million) ------------- 7166 ------------- 8008 ------------- 9532 EPS --------------------------- 73.91 ------------- 82.59 ------------ 98.31 RONW (%)------------------- 32.14 ------------- 26.45 ------------ 23.95 Book Value ------------------ 229.95 ------------ 312.20 ----------- 411.63
Few points to consider 1. Profit making infrastructure BOT operator. So retail quota 35%. 2. Issue is completely Offer for sale by promoters. 88% shares with promoters. Hopefully they are diluting their holding to less than 75% as per the SEBI criteria 3. Less than 1000 Cr issue size, so high chances of oversubscription. 4. Very high chances of Clash of dates with other IPOs.
Confirmed allotment on HNI is possible only if no of lots applied by you is equivalent to no of times issue is over subscribed for eg HNI issue is over subscribed by 100 times and your application is for 100 lots or more then you will have allotment of 1 lot or more depending on your size of application
Not exactly because G.R Infra''s core job is BOT while EPC is secondary work and L&T usually takes large EPC order. That''s the difference in their business model.