July 30, 2021

Dalmia Refractories - Comments by Puneet Dalmia

Will you be looking to invest more in the company’s refectory business?
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 ;-

https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/a-rs-9000-crore-capacity-boost-md-puneet-dalmia-chalks-out-dalmia-bharats-three-year-playbook/articleshow/84850169.cms?from=mdr 

Will you be looking to invest more in the company’s refectory business? 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. Read more at: https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/a-rs-9000-crore-capacity-boost-md-puneet-dalmia-chalks-out-dalmia-bharats-three-year-playbook/articleshow/84850169.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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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.

 

 

Will you be looking to invest more in the company’s refectory business?
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.

4 comments:

Unknown said...

Refractories cos like IFGL , Vesuvius are doing extremely well even in these times. So no need to worry about valuation and future prospects.

Vijay said...

Dalmia 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

Vijay said...

If 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

Vijay said...

I 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.