Stellant Securities
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Stellant Securities (India) Ltd’s board approved raising up to ₹99.20 crore through a preferential issue of equity shares and convertible warrants, the company said on Thursday. The board cleared the issuance of 12.99 lakh equity shares to 50 non-promoter investors at ₹602 apiece, aggregating ₹78.20 crore, and 3.49 lakh warrants to the promoter group at the same price for ₹21 crore. The warrants are convertible within 18 months, with 25% payable upfront and the balance on conversion. The company will also seek shareholder approval to raise its authorized share capital from ₹7 crore to ₹17 crore, and appointed a scrutinizer to conduct the e-voting.
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Stellant Securities (India) Ltd’s board approved raising up to ₹99.20 crore through a preferential issue of equity shares and convertible warrants, the company said on Thursday. The board cleared the issuance of 12.99 lakh equity shares to 50 non-promoter investors at ₹602 apiece, aggregating ₹78.20 crore, and 3.49 lakh warrants to the promoter group at the same price for ₹21 crore. The warrants are convertible within 18 months, with 25% payable upfront and the balance on conversion. The company will also seek shareholder approval to raise its authorized share capital from ₹7 crore to ₹17 crore, and appointed a scrutinizer to conduct the e-voting.
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Aug 28 (Reuters) - Stellant Securities (India) Ltd STEA.BO:
APPROVED DISPOSAL OF 100% EQUITY SHARES IN STELLANT STOCK BROKING
Source text for Eikon: ID:nBSE4r6D9t
Further company coverage: STEA.BO
(([email protected];))
Aug 28 (Reuters) - Stellant Securities (India) Ltd STEA.BO:
APPROVED DISPOSAL OF 100% EQUITY SHARES IN STELLANT STOCK BROKING
Source text for Eikon: ID:nBSE4r6D9t
Further company coverage: STEA.BO
(([email protected];))
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What does Stellant Securities do?
Stellant Securities (India) Ltd, formerly known as Sellaids Publications (India) Ltd, is engaged in the business of Publication Of Yellow Page Directory. Incorporated in 1991, it made its public issue in 1993.
Who are the competitors of Stellant Securities?
Stellant Securities major competitors are Kiran Vyapar, The Investment Trust, NBI Indl. Finance, Mangal Credit & Fin, CSL Finance, India Finsec, SIL Investments. Market Cap of Stellant Securities is ₹570 Crs. While the median market cap of its peers are ₹514 Crs.
Is Stellant Securities financially stable compared to its competitors?
Stellant Securities seems to be less financially stable compared to its competitors. Altman Z score of Stellant Securities is 0 and is ranked 7 out of its 8 competitors.
Does Stellant Securities pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Stellant Securities latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How strong is Stellant Securities balance sheet?
The companies balance sheet of Stellant Securities is weak, but was strong historically.
Is the profitablity of Stellant Securities improving?
Yes, profit is increasing. The profit of Stellant Securities is ₹36.68 Crs for TTM, ₹1.29 Crs for Mar 2025 and ₹0.36 Crs for Mar 2024.
Is Stellant Securities stock expensive?
Yes, Stellant Securities is expensive. Latest PE of Stellant Securities is 15.53, while 3 year average PE is 9.73. Also latest Price to Book of Stellant Securities is 1821 while 3yr average is 255.
Has the share price of Stellant Securities grown faster than its competition?
Stellant Securities has given better returns compared to its competitors. Stellant Securities has grown at ~389.68% over the last 9yrs while peers have grown at a median rate of 6.67%
Is the promoter bullish about Stellant Securities?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Stellant Securities is 43.76% and last quarter promoter holding is 43.76%.
Are mutual funds buying/selling Stellant Securities?
There is Insufficient data to gauge this.