₹10k Became ₹30 lakh in 5 Years; FIIs Buying this Micro-cap Company, Stock in Upper Circuit

Shares of Hazur Multi Projects Limited, a microcap company working in the field of infrastructure and real estate, have been on the rise for the last several days. Investors are continuously buying into it, due to which this stock has been in the upper circuit continuously for the last three days. On the last trading day, shares of Hazur Multi Projects Limited (BOM: 532467) closed at Rs 344.45 with an upper circuit of 2 percent.

In the latest exchange filing, the company informed that the meeting of the Board of Directors of the Company was held on Thursday, February 1, 2024. In this meeting, they decided to issue and sell 3.5 million equity shares to specific individuals who are not part of the management of the company (non-promoter, public category). The face value of each of these shares is Rs 10.

The issue price, which is the total cost per share, is set at Rs 178. This price includes a premium of Rs 168 per share. The total amount received from selling these shares is Rs 62,30,00,000 (Sixty-two crore thirty lakh), and this money will be used for the operations of the company.

Company attracts FIIs’ investment

Out of these 35 lakh shares, 18 lakh shares have been bought by FIIs and FPIs. Mauritius-based FII Vespera Fund has bought 5.50 lakh shares, while London-based FII Aries Opportunities Fund and another FII Elara India Opportunities Fund have bought 5 lakh shares each. Apart from this, Kiftar IN LLC has also purchased 2.50 lakh shares of the company in the FPI category.

Apart from FPI/FII, 7.25 lakh shares have been bought in the Body Corporate category and 9.75 lakh shares in the Individual category. You can see the table below for the complete list.

Stock Surge 233 Percent within a Year

The stock has increased by 136.41% in three months, 175.56% in the last six months, 250.09% in the nine months, and 232.96% within a year. In the last 12 months, it has increased investors’ money more than 3 times, that is, if you had invested ₹ 10,000 in it twelve months ago, today the value of those shares would have increased to ₹33,296.

More than 360 Percent Growth in 2023

Investors who invested in it in 2023 earned quite well returns. The share price of Hazur Multi Projects Ltd. in January 2023 was trading at ₹72.77 and on the last trading day of the year, it closed at ₹336.50 with a gain of 362.42 percent.

Last 10-Year Performance (Compounded)

In the table below you can check the company’s absolute returns and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 10,000 then what is the value of those Rs 10,000 worth of shares today…

• There has been an increase of 233 percent in a year. If we look at the performance of the last two years, it has seen a rise of 1082 percent.
• In the past five years, it has increased investors’ money by more than 300 times.
• For investors who invested Rs 10,000 in it five years ago, the value of those ₹10,000 shares has increased to ₹30.48 lakh today and to ₹37.04 lakh in ten years.
• The CAGR growth of the stock for the last five years is 213.91% and 80.66% for ten years.

Last 10 Year Performance (Year-wise)

Disclaimer: This article is written for informational purposes only, do not consider it any investment advice.