Mukul Agrawal holds 5.27% stake & Rs 2,242.42 crore order book: Rail infrastructure company allots 10,00,000 equity shares on conversion of warrants to a promoter!
DSIJ Intelligence-1 / 29 Jul 2025/ Categories: Multibaggers, Trending
The stock is up by 32.7 per cent from its 52-week low of Rs 137.20 per share and has given multibagger returns of 9,250 per cent since its listing in 2005.
Oriental Rail Infrastructure Ltd.'s Allotment Committee, at its meeting on July 29, 2025, approved the conversion of 1000,000 convertible warrants held by Mrs. Wazeera S. Mithiborwala, a member of the Promoter Group, into an equal number of equity shares. These shares, each with a face value of Re. 1/-, were allotted at a premium of Rs. 168/- per share, totalling an issue price of Rs. 169/- per share. With this conversion, all 7,500,000 warrants originally allotted to Mrs. Mithiborwala have now been fully converted into equity shares, bringing her post-allotment holding to 7,947,000 equity shares.
The company has also secured a significant domestic order valued at Rs 5,88,77,280 from Integral Coach Factory (ICF), Chennai, a unit of Indian Railways. The contract entails the supply and installation of 63 sets of coach seats and berths, along with hardware, for LWSCN PP coaches. Delivery is slated for the Furnishing Division/ICF, Chennai, by November 20, 2025. Payment terms stipulate up to 90 per cent of the supply portion upon inspection and provisional receipt, with the remaining 10 per cent for supply and 100 per cent for installation disbursed after acceptance by the consignee and issuance of an installation certificate.
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About the Company
Oriental Rail Infrastructure Ltd (BSE Scrip Code: 531859) is engaged in the manufacturing, buying and selling of all types of recron, seat & berth and compreg boards and is also engaged in trading timber woods and all its products. The company has a market cap of over Rs 1,000 crore. Additionally, Oriental Rail Infrastructure announced that the company, along with its subsidiary company (Oriental Foundry Private Ltd), has total orders in hand of approximately Rs 2,242.42 crore.
According to Quarterly Results, the net sales decreased by 19 per cent to Rs 140.21 crore and the net profit increased by 23 per cent to Rs 5.37 crore in Q4FY25 compared to Q4FY24. In its annual results, the net sales increased by 14 per cent to Rs 602.22 crore and the net profit increased by 3 per cent to Rs 29.22 crore in FY25 compared to FY24.
As of June 2025, an ace investor, Mukul Agrawal, owns a 5.15 per cent stake in the company. The stock is up by 32.7 per cent from its 52-week low of Rs 137.20 per share and has given multibagger returns of 9,250 per cent since its listing in 2005.
Disclaimer: The article is for informational purposes only and not investment advice.