JSW ISPAT Steel (Delisted) share price history

BSE: 500305

Formerly Ispat Industries

Last traded ₹9.95 on 10 Jun 2013

Delisted on 8 Jul 2013.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.Share news and announcements

Jun 2013
- 25 Jun · Disclosure
  Goldline Tracom Pvt Ltd has submitted the disclosures under Reg.13(4), 13(4A) of SEBI (Prohibition of Insider Trading) Regulations, 1992 (opens in a new tab)
- 4 Jun · Suspension of trading in equity shares
  Members of the Exchange are hereby informed that the trading in equity shares of JSW ISPAT Steel Limited and trading in 0.01% Cumulative Redeemable Preference Shares (Series: P1; ISIN: INE136A04034) shall be suspended w.e.f. June 11, 2013 (i.e. closing hours of trading on June 10, 2013) on account of Scheme of Amalgamation with JSW Steel Limited.
- 3 Jun · Business
  "June 12, 2013", has been fixed as the record date (the "Record Date") for the purpose of drawing up the list of shareholders of JSW ISPAT Steel Ltd .... (opens in a new tab)
- 3 Jun · Corporate action
  As follows : The Company has fixed June 12, 2013 as the record date (the "Record Date") for the purpose of drawing up the list of shareholders of JSW Ispat Steel Limited (JSWISL) to whom equity shares and 0.01% cumulative redeemable preference shares of the Company will be issued and allotted pursuant to and in terms of the Scheme. In terms of the sanctioned Scheme, the shareholders of the transferor company i.e. JSWISL will be issued shares of the Company in the following ratio: (1) For every 72 (Seventy Two) fully paid-up equity shares of face value of Rs.10/- (Rupees Ten Only) each held in JSWISL, as on the Record Date, every equity shareholder of JSWISL will be entitled to receive 1 (One) equity share of face value of Rs.10/- (Rupees Ten only) each of the Company, credited as fully paid-up; and (2) For every 1 (One) 0.01% fully paid-up cumulative redeemable preference share of face value of Rs.10/- (Rupees Ten only) each held in JSWISL, as on the Record Date, every 0.01% cumulative redeemable preference shareholder of JSWISL will be entitled to receive 1 (one) 0.01% cumulative redeemable preference share of face value of Rs.10/- (Rupees Ten only) each of the Company, having the same rights and terms, and credited as fully paid-up. (opens in a new tab)
- 3 Jun · Business
  With reference to the Company's earlier communication dated May 08, 2013 informing the sanctioning of the Composite Scheme of Amalgamation and Arrangement amongst JSW ISPAT Steel Limited ("JSWISL"), JSW Building Systems Limited, JSW Steel Coated Products Limited and JSW Steel Limited and and their respective shareholders and creditors (the "Scheme") by the Hon'ble High Court of Judicature at Bombay. The Company has now informed the Exchange that in terms of Section 391(3) read with Section 394(3) of Companies Act, 1956, the Scheme has become effective from June 01, 2013, upon filing of the certified copy of the Order of the Hon'ble High Court of Bombay with the Registrar of Companies, Maharashtra, Bombay. The Appointed Date, in terms of the Scheme, is July 01, 2012. (opens in a new tab)
- 3 Jun · Business
  With reference to earlier announcement dated May 08, 2013 informing the sanctioning of the Composite Scheme of Amalgamation and Arrangement amongst JSW ISPAT Steel Limited ("JSWISL"), JSW .... (opens in a new tab)

Results

Standalone, as consolidated accounts are on record for only 1 of the last ten years; ₹ crore, the charts by years to March, then June, the table by quarter. No standalone results on record for the year to Jun 2010.Quarterly results

Quarter to Mar 2013, against the quarter before

Revenue: ₹2,702 Crdown 2.48%
Net profit: ₹94 CrQuarter to Dec 2012: −₹131 Cr
Net margin: 3.5%

Revenue by year

Net profit by year, a loss in red

Net profit
Loss

A loss in 3 of the 4 years with results on record

The company moved its year end from March to June: its last year to March on record ended in Mar 2009, its first year to June in Jun 2011.

The years either side of a change of basis do not compare. From the year to Mar 2009, the company's revenue for that year, ₹8,538 Cr, differs from its quarters added, ₹8,450 Cr. From the year to Jun 2012, the company's revenue for that year, ₹11,104 Cr, differs from its quarters added, ₹11,259 Cr.

₹ crore	Jun 2011	Sep 2011	Dec 2011	Mar 2012	Jun 2012	Sep 2012	Dec 2012	Mar 2013
Revenue	2,619	2,736	2,768	2,783	2,973	2,641	2,771	2,702
Net profit	−1,135	−345	−309	−141	478	122	−131	94
Net margin	−43.3%	−12.6%	−11.1%	−5.1%	16.1%	4.6%	−4.7%	3.5%

Standalone. The last eight quarters. The latest is shaded.

The quarters either side of a change of basis do not compare. From the quarter to Jun 2012, the company's revenue for the year to Jun 2012, ₹11,104 Cr, differs from its quarters added, ₹11,259 Cr.

Where the return came from

Yearly rates to Jun 2012, per-share figures restated for splits and bonuses.

Over	Return a year	Earnings growth	Change in P/E	Dividend yield
1 year	−44.3%	–	–	0.0%
3 years	−19.4%	–	–	0.0%
5 years	−5.5%	–	–	0.0%

Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Recent sessions

The last 10 trading days to 10 Jun 2013, as traded on BSE.

Date	Open	High	Low	Close	Average price	Volume
10 Jun 2013	9.95	10.10	9.85	9.95	9.98	1,29,40,583
7 Jun 2013	10.00	10.20	9.85	9.95	10.01	42,44,168
6 Jun 2013	10.00	10.30	9.90	10.15	10.10	40,68,179
5 Jun 2013	9.80	10.15	9.75	10.00	9.88	1,00,21,771
4 Jun 2013	9.50	9.95	9.50	9.80	9.71	1,64,25,616
3 Jun 2013	9.30	9.55	9.30	9.50	9.40	78,92,499
31 May 2013	9.65	9.80	9.25	9.30	9.45	42,68,253
30 May 2013	9.40	9.80	9.40	9.75	9.61	25,22,296
29 May 2013	9.60	9.75	9.50	9.55	9.60	23,02,893
28 May 2013	9.70	9.90	9.60	9.75	9.67	70,90,974

Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-date	Event	Price factor	What happened
23 Jan 2008	Price move	–	Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
22 Jan 2008	Price move	–	Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
21 Jan 2008	Price move	–	Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.

Each event is noted and not adjusted for.

Company details

Legal name: JSW ISPAT Steel Ltd
BSE code: 500305
ISIN: INE136A01022
Face value: ₹10
Former symbols: JSWISPAT, ISPATIND, ISPATIND
Website: www.jswispat.in (opens in a new tab)
CIN: L27106WB1984PLC037519; Corporate identity number, the registrar of companies' code for it