Please click ;-
Official site
Blog Comments
Some shares of C and S Electric are available for sale / purchase with Dealers of Rare Indian Shares .
Please click ;-
https://www.dalmiaocl.com/documents/DALMIA-ANNUAL-REPORT_website-version.pdf
Blog Credit to ;-
Mr. Vijay, Jalandhar , m 7009409142
himanshusoi478@gmail.com
OLD POSTS
Please click ;
https://www.msei.in/MeetingAnnouncement/DALMIARF/Company%20Update/2026216/16022026_DALMIARF_01.pdf
------------------------------------------
Blog Comments
1. There is no treading in Metropolitan Stock Exchange.
2.Book value is Rs.665 + per share
------------------------------------------------
OLD POSTS
Please click -
https://www.planify.in/research-report/dalmia-bharat-refractories-limited/
Blog Credit to ;-
Mr. Vijay, Jalandhar , m 7009409142
himanshusoi478@gmail.com
==
Blog Request Please Recheck All Details
---------
OLD POSTS
Mr. Vijay, Jalandhar , m 7009409142
himanshusoi478@gmail.com
---
Hippo Stores site
-----------------------------
Fantastic Official Valuation and Hidden Assets
Please refer to Page 5 , Point 16;2 of the link
https://www.dalmiaocl.com/documents/Valuation_Report.pdf
Share Exchange Ratio between Dalmia Bharat Sugar and Dalmia Bharat Refractories
https://www.dalmiaocl.com/documents/Scheme_of_Arrangment.pdf
Blog Credit to ;-
Mr. Vijay, Jalandhar , m 7009409142
himanshusoi478@gmail.com
----------------
OLD POSTS
For Q3 -2024 , please click ;-
----------
Merger of some Units of Dalmia Bharat Sugar
https://www.msei.in/MeetingAnnouncement/DALMIARF/Company%20Update/202422/02022024_DALMIARF_03.pdf
-------
Because of Demerrger ,shareholders of Dalmia Bharat Sugar , which id listed in NSE and BSE would get shares of Dalmia Bharat Refractories ,which is a defacto Unlisted share , So Dalmia Bharat Refractories ' share would get listed in BSE / NSE
---
Dalmia Bharat Refractories Listing - SEBI new Rules
SEBI New Listing rules
Time period for trading and listing of securities post merger/demerger has been extended by 15 days {i.e. earlier time period of 45 days (Trading in Securities) has been extended to 60 Days (which includes both listing & trading of Securities} from the date of NCLT order.
Important ;
Dalmia Bharat Sugar is listed in BSE / NSE.
Dalmia Bharat Refractories has been listed at Calcutta Stock Exchange and Metropolitan Stock Exchange , which have no share trading .
EXPERTS OPINE THAT INVESTORS OF DALMIA BHARAT CANNOT GET SHARES OF OF NON OPERATIONAL STOCK EXCHANGES LISTED COMPANY.
SO THERE WOULD BE NSE / BSE LISTING OF DALMIA BHARAT REFRACTORIES
Please Recheck this.
As such there are , now , no sellers , in the Unlisted Market , of shares of Dalmia Bharat Refractories even at Rs. 200 / share
Blog Caution
PLEASE RECHECK INDEPENDENTLY.
CAUTION- PLEASE DO NOT TAKE ANY INVESTMENT DECISION BASED ON THESE POINTS .
PLEASE DO ONLY A FURTHER SELF STUDY
-------
Please click ;-
https://drive.google.com/file/d/14SJxu6Pb6qiZIUO79xM4bzkn31qlePsl/view?usp=sharing
-----
Dalmia Bharat Refractories which already held a sizable holding in Dalmia Bharat Limited has further 6 lakh 53 , 000 shares of Dalmia Bharat at Rs. 2201 / share.
https://www.msei.in/MeetingAnnouncement/DALMIARF/Company%20Update/20231222/22122023_DALMIARF_01.pdf
Shareholders
of Dalmia Bharat Refractories are demanding that the holding of Dalmia
Bharat be allotted to shareholders of Dalmia Bharat Refractories , on a
Prorata basis as a Bonus issue
Dalmia Bharat Ltd is Listed in BSE /NSE whereas Dalmia Bharat Refractories shares are defacto Unlisted.
Hence , shareholders of Dalmia Refectories will have an opportunity to en cash some part of their holdings in BSE / NSE.
-----
'What is going on in Dalmia Bharat Refractories and Metropolitan Stock Exchange'-? Investors are asking.
1 Had Dalmia Bharat Refractories , which is Rs. 10 paid up ,been listed at BSE / NSE its rate would have been upward of Rs. 500 .?
2 . Why is Dalmia Bharat Refractories avoiding BSE / NSE listing. ?
3 . How is Metropolitan Stock Exchange showing transactions at Rs. 165 , when there are trades in the Unlisted Market at around Rs. 250 ?
4 How is Metropolitan Stock Exchange showing deals n Dalmia Bharat Refractories shares when there is no Equity trading there ? ,
--
Considering
the bright future of Dalmia Bharat Refractories in Magnesia Carbon ,
Birla Tyres , investment , inter alia , in shares of Dalmia Bharat and
RHI Magnesita , it is being discussed in Investors ' circles that share
price of Dalmia Bharat Refractories would , from present Rs. 250 ,
zoom past Rs. 500 . - PLEASE RECHECK THIS INDEPENDENTLY BEFORE TAKING
ANY INVESTMENT DECISION. NO RESPONSIBILITY WITH THIS BLOG.
Shares of of RHI Magnesita ,in which Dalmia Bharat Refractories has a a large holding are around Rs ,725 per Share.
----------
Dalmia Bharat Refractories' promoters are Buying / Selling its shares at Rs. 427/ share.
Metropolitan Stock Exchange is reporting share transactions of Dalmia Bharat Refractories around Rs 160 / share.
It makes a perfect Business sense for Promoters to buy more of these shares from Metropolitan Stock Exchange at these rates.
-------------
Birla Tyres Unit to be demerged with Dalmia Bharat Refractories
Please click ;-
https:// drive.google.com/file/d/19EEQP4FoCII-uepGdcPXwEhbaxFjkyYK/view?usp=sharing
---
https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa95abfa-674b-40a5-8cf7-111ff3110015.pdf
--------
Some shares of Dalmia Refractories are available with Dealers of Rare Indian Shares .
BLOG DISCLAIMER
New post
Shervani Industrial Syndicate Does Well- Q1-2027 EPS Rs.5 /17 p , Company - Asset Laden ?
Please click ;-
http://www.rareindianshares.info/2026/08/shervani-industrial-syndicate-does-well_01374927467.html
--------
Original Post
Blog Caution ; This is a personal view / analysis . PLEASE RECHECK AND CONSULT EXPERTS BEFORE TAKING ANY INVESTMENT DECISION.
----------
AI based investment consultants have been consistently recommending Shervani Industrial Syndicate for Sale because over the past few quarters sales and profits are going down.
What AI misses out is the reason why sales / profits are going down.
Real Reason
Shervani Industrial is in the process of construction a building -Victory Tower at Prayagraj-Allahabad . These are around 250 flats and commercial spaces The sale value of these could be Rs. 200 crore +. - PLEASE RECHECK THIS
For the Victory Tower project , please click ;
https://shervaniind.com/victory-tower/
It appears that a Real Estate company cannot include in its accounts the profit made from a sale of flat etc till a Conveyance / Registration Deed is registered -PLEASE RECHECK this point
Turnover / profits of the company can jump when more Registrations are done.
Shervani Industrial 's partly constructed flats are reflected as Inventories in the 2025-2026 financials . Sales / Profits can jump once these sale registrations - Conveyance Deeds are registered.
https://www.bseindia.com/xml-data/corpfiling/AttachHis/35789ab8-531c-4184-b599-ec0e24110826.pdf
Artificial Intelligence research totally misses these calculations. So please always consider the limitations of AI.
---------------------------
A few years ago Shervani Industrial made a Buy back offer at Rs 500 / share.
https://www.hdfcsec.com/shervani-industrial-syndicate-ltd-buyback
In 2017-2018 Shervani Industrial paid a total of Rs 85 / share dividend . Share is Rs 10 paid
https://www.google.com/search?client=firefox-b-e&q=2017-2018+shervani+dividend+
------------
OLD POST
May 03, 2026
Shervani Industrial Syndicate Listed - A Hidden Gem ? Please Only Study
Building High End / Premium Flats in Prayagraj- Allahabad
Please click ;-
https://sherwaniind.ssls1.com/
Turnover / profits of the company can jump if more Registrations are done
Other Highlights
Very low Debt / Equity Ratio
High Promoters' Holding
-----------------
In 2023-2024. EPS was Rs 115 - Page 55 Annual Report 2024-2025
In 2023-2024 Dividend was 200% Rs 20/ share -Page 71 Annual Report 2024-2025
----------
Share Capital around Rs 2 cr 59 lakh Share Rs 10 paid
Reserves Rs 127 cr 38 lakh
Book Value Rs 491 / share
CMP Around Rs 325 / share
Source
Annual Report 2024-2025
https://www.bseindia.com/xml-data/corpfiling/AttachHis/f9592b7b-988d-4039-a3ad-737f1e74c6b7.pdf
Also setting up a 100 bed Hospital and a Holiday Resort
Page 23- Annual Report 2024-2025
---------------
Shervani Hotels- Star Hotels P Ltd
https://www.shervanihotels.com/nehru-place-new-delhi/
-----------
Blog Comments
Please consult an Investment Expert Before Taking any Investment Decision
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
---------------
old post
HISTORY
Established in 1948 , at Allahabad , by the deeply patriotic and enterprising Shervani family , GEEP ( Great Eastern Electro Plating ) sought to contribute to independent India's self reliance in electroplating industry. Electroplating technology was used by it for manufacturing torches ( famous Geep brand ).In due course it began to produce batteries. In the post globalization scenario , Geep sold out its traditional torch / battery business to Multinational- Gillette.
After closing down its battery / torches manufacturing facility at Allahabad , Shervani Industrial Syndicate Ltd. is , currently , in the process of selling machinery . It proposes to develop its very substantial and highly valuable land for REAL ESTATE projects.
To the best of our knowledge ( which please recheck ) the extent of land bank of Shervani Industrial Syndicate Limited in the posh Suleman Serai area of Allahabad is between 30 to 35 acres.
Shervani Industrial Syndicate is cash rich . Its sticky investment in Shervani Sugar Syndicate Ltd. have been provided for. There may be some gains by way of recovery of amounts earlier provided for in the Books of Account here as sugar prospects had improved substantially .
Tara Snacks And Foods Ltd. ( now renamed Farco Foods Limited) , a loss making entity ,is its subsidiary.
Another associate Company Shervani Hospitalities Ltd ( of which Shervani Industrial holds shares ) which has hotels in Nainital, New Delhi etc ( Nehru Place Hotel opening shortly )should be doing well as Hotel prospects have improved greatly.
Please click ;-
https://www.sandhyaspinningmill.co.in/pdf/SSMLar2025.pdf
About Sandhya Spinning a Ramco group company
Sandhya Spinning Mill Limited established in the year 1994, today produces 7 million kgs of yarn per year, employs more than 950 workers and has a turnover of over Rs. 1930 million. SSML has a well modernized spinning unit at Rajapalaiyam, Tamilnadu and Gopinenipalem Village, Vadsavai Mandal, Krishna Dist, Andhra Pradesh, with an installed capacity of 57,552 spindles (including 46,320 compact spinning spindles and 5,232 Slub Yarn Spindles). We are also having 1024 Rotors in Rajapalayam and 1440 Rotors in Andhra Pradesh. The Mill traditionally makes quality counts from 12’s to 140’s. Presently with added capacity we produce value added yarn like compact yarn in singles and doubles
Source and OFFICIAL SITE ;-
https://www.sandhyaspinningmill.co.in/
Blog Comments
Some shares of Sandhya Spinning Mill are available for Sale / Purchase with Dealers of Rare Indian Shares
