21,000% multibagger returns: Hazoor Multi Projects Ltd allots 12,50,000 equity shares on conversion of warrants to Seabird Leasing And Finvest Pvt Ltd
DSIJ Intelligence-1 / 13 Oct 2025/ Categories: Multibaggers, Penny Stocks, Trending
From Rs 0.18 to Rs 37.98 per share, the stock rocketed 21,000 per cent in 5 years.
On Monday, shares of Hazoor Multi Projects Ltd gained 1.15 per cent to Rs 37.98 per share from its previous closing of Rs 37.55 per share. The stock’s 52-week high is Rs 61.20 per share and its 52-week low is Rs 32 per share.
Hazoor Multi Projects Limited (HMPL) approved the preferential allotment of 12,50,000 equity shares of Re 1 each at an issue price of Rs 30 per share (including a premium of Rs 29) to Seabird Leasing And Finvest Private Limited under the Non-Promoters/Public Category. This allotment resulted from the conversion of 1,25,000 warrants, which had an original issue price of Rs 300 each, after the company's equity shares underwent a 10:1 stock split (sub-division from Rs 10 to Re 1 face value). The conversion was completed upon receipt of the final 75 per cent payment, aggregating Rs 2,81,25,000, leading to an increase in HMPL's issued and paid-up capital to Rs 23,28,48,910 (consisting of 23,28,48,910 equity shares of Re 1 each).
The company has also submitted a binding offer to acquire a part of Gammon Engineers and Contractors Private Limited's (GECPL) EPC business. The deal, which aims to boost HMPL's presence in the infrastructure sector, is subject to lender approval and other necessary clearances. This potential acquisition follows HMPL's recent strategic entry into the upstream energy sector through the purchase of Quippo Oil & Gas Infrastructure Ltd., which recently won a significant drilling contract from Oil India Limited.
About the Company
Hazoor Multi Projects Ltd. (HMPL) is a BSE-listed, diversified infrastructure and engineering company based in Mumbai, with core operations spanning highways, civil EPC works and shipyard services and now in the Oil and Gas Sector. Known for execution excellence and strategic clarity, HMPL has built a solid track record across capital-intensive, nationally significant projects. With a focus on scalable growth, recurring revenues and multi-vertical integration, HMPL is building a future-ready platform at the intersection of infrastructure, energy and industrial technology.
According to the Quarterly Results (Q1FY26), the net sales increased by 156 per cent to Rs 180.01 crore and the net profit increased by 46 per cent to Rs 134.79 crore compared to Q1FY25. Looking at its annual results (FY25), the company reported net sales of Rs 638 crore and a net profit of Rs 40 crore.
The company has a market cap of over Rs 800 crore. In June 2025, FIIs bought 8,08,983 shares and increased their stake to 21.90 per cent compared to March 2025. The company's shares have a PE of 22x whereas the sectoral PE is 40x. The stock gave multibagger returns of 200 per cent in just 2 years and a whopping 485 per cent in 3 years. From Rs 0.18 to Rs 37.98 per share, the stock rocketed 21,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.