Archive · 28 Dec 2025
Hazoor Multi Projects Completes Warrant Conversion
Hazoor Multi Projects, a company that has given huge returns of 12,350% in five years, has completed the conversion of warrants into equity shares.
This means they have turned special financial instruments called warrants into regular shares.
The company allotted 1,89,11,320 new shares at ₹30 each, raising a total of ₹42,55,04,700.
These new shares will be equal in status to the existing ones.
The stock has seen a drop in the last six months and year but has performed exceptionally well over five years.
The company's shares are listed only on the BSE and have a 52-week high of ₹57.80 and a low of ₹26.80.
Hazoor Multi Projects completed the conversion of 18,91,132 warrants into 1,89,11,320 equity shares.
The company raised ₹42,55,04,700 through this conversion at an issue price of ₹30 per share.
The warrants were issued at ₹300 each, with 25% paid upfront and the remaining 75% paid upon conversion.
The issued and paid-up capital of the company increased to ₹27,06,31,110.
Hazoor Multi Projects' share price has given multibagger returns of 12,350% in the last five years.
- Who
- Hazoor Multi Projects
- What
- Conversion of warrants into equity shares
- When
- December 23, 2025
- Where
- BSE (Bombay Stock Exchange)
- Why
- To bolster capital base through fundraising
- Shares Allotted
- 1,89,11,320
- Face Value per Share
- ₹1
- Issue Price per Share
- ₹30
- Warrants Converted
- 18,91,132
- Issue Price per Warrant
- ₹300
- Total Amount Raised
- ₹42,55,04,700
- Payment per Warrant
- ₹225
- Total Equity Shares
- 27,06,31,110
- 52-Week High
- ₹57.80
- 52-Week Low
- ₹26.80