Eastern Investments Share Price

Hutti Gold Mines Share Price | Live Update | Company Overview

Buy

₹ 3050.00

Sell

₹ 3990.00

Under Valued 2048x566 1

Company Overview

Eastern Investments Limited (EIL) is a NBFC, incorporated in 1927. EIL is the holding company of The Orissa Minerals Development Company Limited and The Bisra Stone Lime Company Limited. Eastern Investments share price has been a significant aspect of the company’s trajectory. EIL was one of the group companies of Bird & Co. Ltd when it came under control of Govt. of India after enactment of Bird & Company Ltd (Acquisition) Act, 1980. It became a PSU w.e.f 19th March, 2010. Currently, EIL is listed at CSE. EIL became a subsidiary of Rashtriya Ispat Nigam Ltd (RINL) on 5th January, 2011. 

The revenue of EIL is mainly from dividend income from OMDC and interest on term deposits. As on 31th March, 2022, the total income of EIL was Rs. 176 crores. As on 31-March-2022, the total shares outstanding were 1,418, 953 of face value of Rs 10 each. It has not declared any dividend during FY 2022. 

Registered Office

The registered office of the company is located at: Hal Plot No. 428/3855 at Mouza, Goutam Nagar, Jayadev Nagar, Lewis Road, Nageswar Tangi, Khordha, Odisha- 751002, India.

SymbolEASTERN INVESTMENTS LIMITED 
Face Value (₹):10
ISIN:INE684E01015.
Demat Status:NSDL
Lot Size:10

Board of Directors :

NameDesgination
Shri Atul BhattCMD
Smt. Swapna BhattacharyaDirector
Shri D.K. Mohanty, Director (Commercial)
Shri P.K. RathDirector
Smt. Nutan WodeyarDirector
Shri Anil Kumar P VDirector
Shri A.K Saxena, Director (Operations)

Key Business Highlights of EIL & Eastern Investments Share Price

  • Eastern Investments Ltd is Odisha based holding company of The Orissa Minerals Development Company Limited and The Bisra Stone Lime Company Limited.
  • The company reported consolidated revenues of Rs 176 crs during FY 2022.
  • Govt Owned company.

Ratio

RatioFY22FY21
Operating Margin14%-12%
Net Profit Margin-4%-30%
Return on Equity 6%34%
Debt-Equity-3.32-3.35
Current Ratio0.530.81
Dividend Payout0%0%

Note:- Dividend payout = Total Dividend/Net Income.

It indicates, how much % of its Net Income, the company is paying out as dividend to its Shareholders.

Financial Highlights

Particulars2021-222020-212019-202018-19
Total Income (₹ Crores) 176.05103.7172.8495.30
PAT (₹ Crores) -6.49-31.32-86.59-478.97
Diluted EPS -22.19-106.01-303.89-1685.02
Book Value per Share (₹) -708.10-657.28-445.24179.69
Equity (₹ Crores) -100.48-93.26-63.1825.50

Financial charts

 

Shareholding Pattern

Peer Comparsion

CompanyMarket Cap (₹ Crores)Profitability Margin (%)ROCE (%)ROE (%)D/E RatioP/E RatioP/B RatioBook Value per Share (₹)
Eastern Investments Ltd209-4%51%6%-3.32-66.47-2.08-708.10
Muthoot Finance Ltd4377633%29%21%2.9013.302.84476.84
Vardhman Holdings Ltd9634%1%15%0.002.700.428698.27

Media Updates

Frequently Asked Questions 

The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid. 

The procedure to buy the Eastern Investments unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller. 

When the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day. 

 

In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.  

 

The Eastern Investments shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.

The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size for Eastern Investments Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.in

There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares. 

Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds will be released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares. 

 

If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor. 

If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.

The trading in unlisted shares is governed by Securities & Contract (Regulation) Act,1992 which comes under the preview of SEBI.  The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors. 

The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange. 

Yes, NRI’s can also buy and sell Eastern Investments unlisted shares just like domestic investors. But their investment is on a non-repatriable basis. 

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