Sharekhan

HEG Ltd

Wed 30/04/2025,15:59:26 | NSE : HEG

₹ 466.35-5.90 (-1.25%)

Data is delayed. Analysis is best done in real-time! Open a FREE Sharekhan Demat A/c in 15 mins* and continue your analysis with real-time data.

Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 473.00

Previous Close

₹ 472.25

Volume

748416

Mkt Cap ( Rs. Cr)

₹8999.51

High

₹ 482.80

Low

₹ 464.00

52 Week High

₹ 619.50

52 Week Low

₹ 331.25

Book Value Per Share

₹ 229.35

Dividend Yield

0.96

Face Value

₹ 2.00

What’s Your Call?

Collective community sentiment on HEG Ltd

Your Vote -

Buy

83.89%

Hold

6.82%

Sell

9.29%

83.89%

6265 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Bid Price

Qty

466.35

208

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

208

Option Chain

Analyzes market sentiment, predicts HEG Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • HEG Ltd. - Board Meeting Intimation

    24 Apr 2025, 6:27PM HEG LIMITED has informed the Exchange about Board Meeting to be held on 19-May-2025 to consider and approve the Yearly Audited Financial results of th
  • HEG Ltd. - Board Meeting Intimation for Audited Financial Results (Standalone & Consolidated) Of The Company For The Quarter

    24 Apr 2025, 6:24PM HEG Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/05/2025 ,inter alia, to consider and approve Audi
  • HEG Ltd. - Agreements,Contracts,Arrangements,MOU-XBRL

    22 Apr 2025, 2:44PM HEG Limited has informed the Exchange regarding Share subscription and shareholders agreement
  • HEG Ltd. - Agreements

    22 Apr 2025, 1:29PM HEG Limited has informed the Exchange about update on Agreements
  • HEG Ltd. - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015

    22 Apr 2025, 1:25PM Attached
  • HEG Ltd. has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    18 Apr 2025, 8:30PM As of March 2025, 55.78% is owned by Promoters and 44.22% by Public. <p align=justify> Among Promoters holding, Indian Promoters holds 29.79% and Fore
  • HEG Ltd. - Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2

    9 Apr 2025, 3:51PM <b>Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'> <tr> <td><b>Sr
  • HEG Ltd. - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

    7 Apr 2025, 6:02PM <b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'><tr> <td><b>Sr. No.</b></td
  • HEG Ltd. - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    3 Apr 2025, 5:05PM HEG Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • HEG Ltd. - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    3 Apr 2025, 5:02PM Attached
  • HEG Ltd. - Trading Window-XBRL

    25 Mar 2025, 5:49PM HEG LIMITED has informed the Exchange about Closure of Trading Window
  • HEG Ltd. - Trading Window

    25 Mar 2025, 5:46PM HEG Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
  • HEG Ltd. - Action(s) taken or orders passed

    18 Mar 2025, 6:02PM HEG Limited has informed the Exchange about Action(s) taken or orders passed
  • HEG Ltd. - Amalgamation OR Merger-XBRL

    10 Mar 2025, 7:49PM HEG LIMITED has informed the Exchange regarding Amalgamation/ Merger
  • HEG Ltd. - De-merger-XBRL

    10 Mar 2025, 7:48PM HEG LIMITED has informed the Exchange regarding De-merger
  • HEG Ltd. - Error In Uploading The Outcome Of Board Meeting Held Today I.E 10Th March, 2025 And Clarification Thereof.

    10 Mar 2025, 6:51PM Attached
  • HEG Ltd. - Agreements,Contracts,Arrangements,MOU-XBRL

    10 Mar 2025, 6:00PM HEG LIMITED has informed the Exchange regarding Share subscription and shareholders agreement
  • HEG Ltd. - General Updates

    10 Mar 2025, 5:38PM HEG Limited has informed the Exchange about General Updates
  • HEG Ltd. - Scheme of Arrangement

    10 Mar 2025, 5:32PM HEG Limited has informed the Exchange about Scheme of Arrangement
  • HEG Ltd. - Agreements

    10 Mar 2025, 5:32PM HEG Limited has informed the Exchange about Agreements
  • HEG Ltd. - Press Release

    10 Mar 2025, 5:24PM HEG Limited has informed the Exchange regarding a press release dated March 10, 2025, titled ""Bhilwara Energy Limited (an Associate Company of HEG Li
  • HEG Ltd. - Outcome of Board Meeting

    10 Mar 2025, 5:15PM HEG Limited has informed the Exchange regarding Board meeting held on March 10, 2025 regarding Approval of modified Composite Scheme of Arrangement a
  • HEG Ltd. - Outcome of Board Meeting

    10 Mar 2025, 4:56PM HEG Limited has informed the Exchange regarding Board meeting held on March 10, 2025 regarding approval for the execution of share subscription and s
  • HEG Ltd. - Outcome Of Board Meeting Dated March 10, 2025- Approval Of The Execution Of Share Subscription And Shareholders' A

    10 Mar 2025, 5:46PM Attached
  • HEG Ltd. - Outcome Of Board Meeting Dated March 10, 2025- Approval Of Modified Composite Scheme Of Arrangement Amongst HEG Li

    10 Mar 2025, 5:42PM Attached
  • HEG Ltd. - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

    10 Mar 2025, 5:27PM Attached
  • HEG Ltd. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    10 Mar 2025, 5:21PM Attached
  • HEG Ltd. - Board Meeting Outcome for Board Of Directors Of The Company (\The Board\) At Its Meeting Today, I.E. 10 March 2025

    10 Mar 2025, 5:00PM Attached
  • HEG Ltd. - Disclosure under SEBI Takeover Regulations

    19 Feb 2025, 6:24PM Redrose Vanijya LLP has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition
  • HEG Ltd. - General Updates

    19 Feb 2025, 6:23PM HEG Limited has informed the Exchange about General Updates
  • HEG Ltd. - Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulation, 2015

    19 Feb 2025, 6:02PM Attached
  • HEG Ltd. - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    18 Feb 2025, 7:32PM Attached
  • HEG Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    18 Feb 2025, 7:28PM HEG Limited has informed the Exchange about Transcript
  • HEG Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    14 Feb 2025, 4:44PM HEG Limited has informed the Exchange about Link of Recording
  • HEG Ltd. - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    14 Feb 2025, 4:41PM Attached
  • HEG Ltd. - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    14 Feb 2025, 1:05PM Update on Wholly Owned Subsidiary
  • HEG Ltd. - Press Release

    14 Feb 2025, 1:03PM HEG Limited has informed the Exchange regarding a press release dated February 14, 2025, titled ""Update on Wholly Owned Subsidiary"".
  • HEG Ltd. - Analysts/Institutional Investor Meet/Con. Call Updates

    13 Feb 2025, 9:01PM HEG Limited has informed the Exchange about Presentation
  • HEG Ltd. - Announcement under Regulation 30 (LODR)-Investor Presentation

    13 Feb 2025, 8:57PM Attached
  • HEG Ltd. - Investor Presentation

    13 Feb 2025, 8:55PM HEG Limited has informed the Exchange about Investor Presentation
  • HEG Ltd. - Copy of Newspaper Publication

    12 Feb 2025, 1:14PM HEG Limited has informed the Exchange about Copy of Newspaper Publication
  • HEG Ltd. - Agreements,Contracts,Arrangements,MOU-XBRL

    11 Feb 2025, 7:36PM HEG LIMITED has informed the Exchange regarding Unsecured Loan to Bhilwara Energy Limited, an Associate Company
  • HEG Ltd. - Integrated Filing- Financial

    11 Feb 2025, 6:30PM Attached
  • HEG Ltd. - General Updates

    11 Feb 2025, 6:26PM HEG Limited has informed the Exchange about Reconstitution of Committees
  • HEG Ltd. - Integrated Filing (Financial)

    11 Feb 2025, 6:24PM Attached
  • HEG Ltd. - RECONSTITUTION OF COMMITTEES

    11 Feb 2025, 6:21PM Attached
  • HEG Q3 net profit zooms 165.16% at Rs 98.32 cr

    11 Feb 2025, 6:20PM The company reported standalone net profit of Rs 98.32 crore for the quarter ended December 31, 2024 as compared to Rs 37.08 crore in the same period
  • HEG Ltd. - CHANGE IN NAME OF CORPORATE SOCIAL RESPONSIBITY COMMITTEE

    11 Feb 2025, 6:19PM Attached
  • HEG Ltd. - APPROVAL FOR GRANT OF INTER-CORPORATE UNSECURED LOAN TO BHILWARA ENERGY LIMITED, AN ASSOCIATE COMPANY

    11 Feb 2025, 6:18PM Attached
  • HEG Ltd. - Financial Result Updates

    11 Feb 2025, 6:17PM HEG Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • HEG Ltd. - APPROVAL FOR ENHANCEMENT OF INVESTMENT LIMIT

    11 Feb 2025, 6:17PM Attached
  • HEG Ltd. - THE UN-AUDITED FINANCIAL RESULTS (STANDALONE AND CONSOLIDATED) OF THE COMPANY FOR THE QUARTER AND NINE MONTHS ENDE

    11 Feb 2025, 6:14PM Attached
  • HEG Ltd. - Outcome of Board Meeting

    11 Feb 2025, 6:14PM HEG Limited has informed the Exchange regarding Outcome of Board Meeting held on February 11, 2025.
  • HEG Ltd. - Board Meeting Outcome for Outcome Of Board Meeting

    11 Feb 2025, 6:10PM Attached
  • HEG Ltd. - Outcome of Board Meeting

    11 Feb 2025, 6:08PM HEG Limited has informed the Exchange regarding Board meeting held on February 11, 2025.
  • HEG Ltd. - General Updates

    4 Feb 2025, 4:02PM HEG Limited has informed the Exchange about General Updates
  • HEG Ltd. - Action(s) taken or orders passed

    4 Feb 2025, 4:00PM HEG Limited has informed the Exchange about Action(s) taken or orders passed
  • HEG

    11 Mar 2025 , 10:24AM HEG: Singularity Fund to invest Rs 250 crore in Bhilwara Energy with an option to invest an additional Rs 250 crore.
  • Graphite, HEG

    19 Dec 2024 , 11:16AM North American graphite miners asked the US government on Wednesday to impose a tariff as high as 920% on Chinese suppliers of the battery metal to counter what they describe as Beijing’s “malicious trade practices. Positive
  • HEG

    16 Sep 2024 , 12:17PM The company has sanctioned an increase in the investment to Rs 250 crore from the previous limit of Rs 200 crore to facilitate portfolio expansion.
  • HEG

    20 Jan 2024 , 9:30AM The company has received a purchase order worth Rs 623 crore for the supply of indigenously manufactured telecom networking equipment for the 5G network of one of the domestic telecom service providers. Positive for the stock
  • HEG

    27 Dec 2022 , 9:53AM The company incorporated a wholly owned subsidiary TACC Ltd. for manufacturing graphite anode for lithium-ion cells. The Company would be engaged in production of graphite anodes for lithium ion cells and other advanced materials as a part of the innovation wing. In order to support the local industrial growth, the Indian government's PLI scheme mandates 60% domestic value addition for cell production. Anode material produced by them will play an important role meeting this requirement.
  • Stock Movements: HEG gains in strong markets

    17 Jul 2020 , 12:23PM HEG rise by 10% to Rs. 797 in good markets
  • HEG

    15 Jul 2020 , 10:00AM India Ratings and Research has downgraded HEG Limited long-term issuer rating to IND AA- from IND AA with stable outlook. The downgrade reflects a significant fall in the price of graphite electrodes over the second half of FY2020 resulting in a sharp compression in spreads, coupled with a significant inventory valuation hit.
  • HEG to increase stake in Bhilwara Energy

    3 Apr 2019 , 10:05AM HEG to raise stake in Bhilwara Energy to 49% from 29.48%
  • HEG Q3 net profit at Rs. 867 crore

    12 Feb 2019 , 3:06PM HEG Q3 net profit at Rs. 867 crore HEG reports healthy Q3 against low base during the same quarter last year HEG reported Q3 result for the quarter ended December 31, 2018: Net profit jumped by 154% to Rs. 867 crore from Rs. 342 crore Revenue rose by 121% to Rs. 1,865 crore from Rs. 843 crore EBITDA surged by 136% to Rs. 1,313.5 crore from Rs. 557.5 crore
  • HEG board nods buyback of shares

    26 Nov 2018 , 3:13PM HEG board approves a share buyback proposal
  • HEG gains as board to consider buyback proposal

    20 Nov 2018 , 9:56AM HEG rises over 5% to Rs. 4480, as board to consider the proposal of buyback of the equity shares of the company

Key fundamentals

Evaluate the intrinsic value of HEG Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 4764.461 4818.1297 4440.1131 3695.1453 4015.4965
Liabilities 4764.461 4818.1297 4440.1131 3695.1453 4015.4965
Equity 38.5959 38.5959 38.5959 38.5959 38.5959
Gross Profit 383.9604 619.6466 527.225 -59.1826 -5.8265
Net Profit 231.5431 455.5103 390.5822 -25.2994 53.3715
Cash From Operating Activities 614.8482 114.4814 -140.6113 728.6784 863.7756
NPM(%) 9.66 18.46 17.74 -2.01 2.48
Revenue 2394.9036 2467.2373 2201.6118 1256.2284 2149.0247
Expenses 2010.9432 1847.5907 1674.3868 1315.411 2154.8512
ROE(%) 5.23 10.29 8.82 -0.57 1.2

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
31 Jul 2024 22.5 225 0.96 2687
24 Aug 2023 42.5 425 0.96 1260.9
24 Aug 2022 40 400 0.96 1013.4
19 Jul 2021 3 30 0.96 2353.4
17 Feb 2020 25 250 0.96 1140.25
09 Aug 2019 50 500 0.96 1715.5
12 Nov 2018 30 300 0.96 4158.05
13 Jul 2018 50 500 0.96 2937.55
15 Feb 2018 30 300 0.96 2211.55
14 Sep 2015 3 30 0.96 218.9
14 Aug 2014 6 60 0.96 244.6
06 Sep 2013 8 80 0.96 176.8
07 Sep 2012 5 50 0.96 222.45
02 Sep 2011 5 50 0.96 223.65
14 Feb 2011 5 50 0.96 199.95
08 Sep 2010 10 100 0.96 366.6
08 Sep 2009 6.5 65 0.96 122.75
17 Sep 2008 3 30 0.96 274
11 Jan 2008 7 70 0.96 538.5
18 Sep 2007 5 50 0.96 186.25
13 Sep 2006 3 30 0.96 178.85
22 Sep 2005 3 30 0.96 122.9
20 Sep 2004 3 30 0.96 89.15
18 Sep 2003 2.2 22 0.96 50.95
17 Sep 2002 0 0 0.96 31
17 Sep 2002 0 18 0.96 28.1
05 Sep 2001 0 20 0.96 30.05
0 18 0.96 27.75
0 18 0.96 19.6
0 15 0.96 21.9

Peers

Other companies within the same industry or sector that are comparable to HEG Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Eimco Elecon (India) Ltd 1739.70 0.81 20.52 268.98 847.84 0.00
CIE Automotive India Ltd 405.95 -1.23 19.17 17689.65 218.13 1.72
Action Construction Equipment Ltd 1168.50 -3.77 35.77 5552.84 1377.86 0.17
Hercules Hoists Ltd 151.33 -2.87 13.06 1492.16 1124.23 2.64

Company Info

YEAR EVENTS 1972 - The Company was incorporated on 27th October, at Delhi. The company belongs to the Bhilwana Group of industries. It was promoted jointly by Rajasthan Spinning & Weaving Mills Ltd. (RSWML) and M/s. Pechinery Ugine Kuhlmann (PUK) of France. The main object of the company is manufacture of graphite electrodes and anode and other graphite and carbon products. - The Company entered into a technical-cum-financial collaboration agreement with La Societi Des Electrodes Et. Refracaires Soviet (SERS) of France. 1976 - 3,00,000 No. of Equity shares allotted without payment in cash to collaborators and 3,09,700 No. of equity shares issued to investria. 1,04,000 pref. and 12,50,000 No. of equity shares offered at par to the public during February 1976. Pref. shares redeemable at par on 30.4.1991. 1978 - 3,70,000 No. of equity shares issued at par to Indian promoters and foreign collaborators during 1978/79. Arrears: Rs 11,250. 1981 - 15,99,540 Bonus equity shares issued in prop. 2:5. 1982 - The Company entered into a joint sector agreement with Industrial promotion & Investment Corporation of Orissa Ltd., for establishing a ceramic apparatus insulator project. For this purpose, a new company was incorporated under the name of Ipigraph Electro-Ceramic Ltd. - 11,05,120 No. of equity shares allotted to financial institutions at par on conversion of loans. 4,42,048 bonus equity shares due on these shares were alotted to financial institutions. 1984 - Company undertook a Rs 7.60 crores modernisation programme to enable production of longer length electrodes and ultra high power electrodes in line with the latest technology. - The Textile Units was set up and its was financed out of internal accruals. The Company also took on lease the spinning unit of Bhilwara Spinners, Ltd., for a period of five years from 1st November. - The Company undertook a modernisation of the Bhilwara unit. The Company hoped to finalise foreign collaboration agreement with a knitwear manufacturer to obtain the necessary technical know-how. - The Company received a Letter of Intent to manufacture 60,000 tonnes per annum of newsprint in Madhya Pradesh. 1985 - The Company issued 15% secured non-convertible debentures of the aggregate face value of Rs 7.60 crores on rights basis to finance part of the project cost of the Jammu spinning unit and to meet working capital requirements. 1987 - The Company proposed to form a subsidiary namely Bhilwara Viking Petroleum, Ltd., for oil exploration in technical-cum-financial participation with a Norweigian Company M/s. Viking Offshore Drilling A/s. - The Company received a letter of intent for setting up of 25,000 spindles project in Jammu. 1988 - The Company proposed to increase the capacity of graphite electrodes from 17,500 tonnes to 21,000 tonnes with the installation of modern fuel efficient, cost effective baking furnaces with impregnation facility and new graphitisation furnace. 1989 - The Company by an auction through High Court, acquired a textile unit of 14,300 spindles. - The lease agreement with M/s. Bhilwara Spinners, Ltd. expired on 31st March, and the Company was taking necessary steps to amalgamate the operations of the spinning unit with the Company. - With effect from 25th September, Bhilwara Viking Petroleum Ltd., a subsidiary of the Company, was merged with the Company. 1990 - The Company along with Rajasthan Spinning & Weaving Mills, Ltd., promoted a 100% export oriented unit for cotton spinning in Madhya Pradesh at District Khargone by way of investments in the equity shares of Maral Overseas Ltd. under which the unit was being set up. - The Company offered 1,87,500-12.5% secured fully convertible debentures of Rs 200 each for cash at par on rights basis in the ratio of 1 convertible debentures: 40 fully paid-up equity shares held (all were taken up). Additional 28,125 debentures allotted to retain oversubscription. - Another 9,375 debentures were reserved for allotment to the employees on an equitable basis (all were taken up). - The Company issued another 1,87,500-12.5% secured fully convertible debentures of Rs 200 each through prospectus. Out of these, 1,78,125 debentures were offered to public (all taken up). Additional 26,940 debentures were allotted to retain oversubscription. - The balance 9,375 debentures along with 1,185 additional debentures (as retention of oversubscription) were offered to employees. None were taken up. All these 10,560 debentures were allotted privately. Each debentures was converted into 5 fully paid-up equity shares of Rs 10 each at a premium of Rs 30 per share on 7th December, 1991. - 10,700 shares issued at par to the erstwhile subsidiary company Bhilwara Viking Petroleum Ltd. pursuant to the amalgamation. 1991 - With effect from 30th October, 1991, the name of the company was changed from Hindustan Electro-Graphites Limited to HEG limited. - One kiln of 30,000 tonnes per annum was commissioned. - The Company issued 14% secured non-convertible debentures of the aggregate value of Rs 500 lakhs to UTI, LIC, GIC and subsidiaries on private placement basis. These debentures are redeemable at 5% premium as follows: Rs 400 lakhs in equal instalments at the end of 6th, 7th and 8th year from 24.7.1991 and Rs 100 lakhs at the end of 7th year from 24.7.1991. - The company issued 19% secured non-convertible debentures of the aggregate value of Rs 100 lakhs to Army Group Insurance Fund on private placement basis. These debentures are redeemable at 5% premium in three equal instalments at the end of 6th, 7th and 8th year from 24.7.1991 (date of allotment). - With effect from 30th October, the name of the Company was changed from Hindustan Electro-Graphites, Ltd., to `HEG Limited'. - 2,01,925 No. of equity shares allotted (prem. Rs 30 per share) in full conversion of debs. on 7.12.1991. 240 debs. remained to be converted as the allotment money on debs. was yet to be received. - During the year under report, Bhiwara Viking Petroleum Ltd., a subsidiary of the Company, has merged with the Company with restrospective effect from 25th September, 1989, pursuant to the orders of the Hon'ble High Court of Delhi. - As reported last year the Company has signed a collaboration agreement with sponge Iron India Ltd., a Govt of India Undertaking, for installing 60,000 tons capacity sponge iron plant in Durg District (M.P.). - 1,84,325 - 12.5% Fully convertible debentures of Rs 200/-each for cash at par aggregating to Rs 368.65 lacs were issued on Rights basis to the existing equity share-holders of the Company and Rs 1,87,500 - 12.5%. - Fully Convertible Debentures of Rs 200/-each at par aggregating to Rs 375.00 lacs were issued to the public. 1992 - The Company has built a colony for the labourers by which the absenteeism has been substantially reduced. The company has also intstalled a 1150 KVA DG set, thereby minimising the impact of frequent power shortages. - Due to severe shortage of foreign exchange faced by the country, no substantial increase in the drilling operations by ONGC/Oil India has taken place during 1991-92. - During the year, one kiln of 30,000 tons per annum was commissioned in March 1992 while the 2nd kiln also started operations in May 1992. 1993 - The unit undertook expansion for installing 9,216 spindles for manufacturing polyester viscose yearn. Profitability at Jammu unit was adversely affected due to phenomenal increase in raw cotton prices and recession in the world textile market. - The Company undertook further expansion of installing 9,216 spindles for manufacturing PV blended yarn. - During Sept.Oct. 1982, 58,50,000 rights equity shares issued (Prop. 5:8; Prem. Rs 30). 21,50,000 shares issued on pref. basis to shareholders of Rajasthan Spg. & Wvg. Ltd., Maral Overseas Ltd. Bhilwara Synthetics Ltd. and to 15% NCD holders of the Company. Another 4,00,000 shares issued to employees (only 1,62,850 shares taken up). 1994 - During November, 26,33,000 No. of equity shares were allotted to promoters on private placement basis. 1996 - Balancing equipments were added to maintain competitive edge and to increase product versatility. The Company pursuaded the hydel power project at Tawa primarily to ensure power supply for graphite plant, when there is power scarcity. - The Company proposed to acquire sponge iron plants incorporating indigenous know-how and with a capacity of 60,000 TPA each. - Technical assistance agreement was signed with Sponge Iron India Ltd. (SIIL), a Government of India undertaking. - The 12.8 MW Co-generation power unit for sponge iron plant was commissioned during the year. 1997 - The 12.8 MW co-generation power unit was also successfully commissioned during the year. - The two power projects at Tawa and Durg, with a total capacity of 26.30 MW were commissioned in early 1997, Graphite expansion to 24,000 tons was also completed by March, 1997 and the expansion of Rishabhdev unit taking its total capacity to 32,732 spindles, which was completed in March, 1996 became fully operational. - Shri Ravi Jhunjhunwala and Shri Shekhar Agarwal have been nominated as the Chairman, and Vice Chairman effective 6th October, 1996 respectively. - Shri A de Lastours, Shri V K Mehta and Shri O P Gupta, Directors, retire by rotation. - 19% Secured Redeemable Non-Convertible Debentures of Rs. 100 lacs privately placed with Army Group Insurance Fund (AGIF) are redeemable in three equal instalments at the end of 6th, 7th and 8th year from the date of allotment being 12th February, 1992 together with 5% premium payable at the end of the 7th year. - 18.50% Secured Redeemable Non-Convertible Debentures of Rs. 1500 lacs have been allotted on private placement basis to UTI, LIC, GIC & its subsidiaries and Army Group Insurance Fund, out of which) - 19% Secured Redeemable Non-Convertible Debentures of Rs. 100 lacs privately placed with The Oriental Insurance Company Limited (OIC) are redeemable at the end of 5th year from the date of allotment being 30th October, 1996. - 20.80% Secured Redeemable Non-Convertible Debentures of Rs. 4200 lacs privately placed with the Industrial Credit and Investment Corporation of India Limited (ICICI) and SCICI Limited are redeemable in twenty equal quarterly instalments commencing from 15th July, 1997 and ending on 15th April, 2002. - During the year, the company has installed and started commercial production on Hydel Power Project at Tawa and Waste Heat Recovery based power plant at Durg w.e.f. 21.1.1997 and 16.3.1997 respectively. 1998 - The two Captive Power plants, both were commissioned towards the end of 1996-97. - The Rishabhdev Unit has been awarded SRTEPC award for highest export of 100% Poly spun yarn during 1996-97. - Shri N. V. Khote, Shri P. Murari and Shri D. N. Davar, Directors, retire by rotation. 1999 - The Graphite Division, by virtue of its export performance bagged the "National Award" instituted by the Govt of India and the same was presented by the Hon'ble Prime Minister, Shri Atal Behari Vajpayee. The Company also received the "Top Export Award" from CAPEXIL for the thirteenth year, consecutively. - The Rishabhdev unit successfully commissioned a 4.2 MW Wartsila Generating set for captive consumption of the Textile Division. - The Sponge Iron Division has received National Award from the Hon'ble Prime Minister of India for excellent performance in the field of exports during the year 1997-98. - Shri L N Jhunjhunwala, Shri Shekhar Agarwal and Shri A de Lastours, Directors, retire by rotation. 2000 - The Company embarked on a capacity expansion of Graphite electrode Plant from 22000 MT to 30000 MT. - The Company's Hydro Electric Plant being seasonal in nature, remained closed during the quarter. 2001 - The company has shortlisted Egypt, Tunisia and Thailand for its first overseas graphite electrode making plant. 2002 -Board approves in principle the delisting of equity shares of the company from Delhi Stock Exchange, Jaipur stock exchange, Calcutta and Bangalore stock exchanges. -Promoters have acquired the shares of the company through open market in different names. -Completes the disinvestment of its textiles business at Rishabdev unit in Rajasthan. -Receives CAPEXIL Award for Top Exporter. 2003 -Reports Inter-se change in the shareholding pattern of the company. -HEG Ltd has informed that at the Annual General Meeting of the members held on September 27, 2003, members have approved delisting of its equity shares from Delhi, Calcutta, Bangalore and Jaipur Stock Exchanges 2004 -HEG, the flagship of the LNJ Bhilwara group has emerged as the winner of an international competitive bid for supply of graphite electrodes technology to National Iranian Steel Company (NISCO), the largest steel manufacturer in Iran -Promoters increase their stake to 57.50% in the company 2008 - Heg Ltd has appointed Mr. Ashish Sabharwal as Company Secretary of the Company. 2009 -The company has recommended payment of dividend at the rate of Rs. 6.50/- per equity share Rs. 10/- each 2010 -The company has recommended payment of dividend at the rate of Rs.10/- per equity share Rs. 10/- each 2011 -The company has recommended payment of dividend at the rate of Rs. 5/- per equity share Rs. 10/- each 2012 -The company has recommended payment of dividend at the rate of Rs. 5/- per equity share Rs. 10/- each 2024 -The Company has splits its face value from Rs. 10/- to Rs. 2/-

YEAR EVENTS 1972 - The Company was incorporated on 27th October, at Delhi. The company belongs to the Bhilwana Group of industries. It was promoted jointly by Rajasthan Spinning & Weaving Mills Ltd. (RSWML) and M/s. Pechinery Ugine Kuhlmann (PUK) of France. The main object of the company is manufacture of graphite electrodes and anode and other graphite and carbon products. - The Company entered into a technical-cum-financial collaboration agreement with La Societi Des Electrodes Et. Refracaires Soviet (SERS) of France. 1976 - 3,00,000 No. of Equity shares allotted without payment in cash to collaborators and 3,09,700 No. of equity shares issued to investria. 1,04,000 pref. and 12,50,000 No. of equity shares offered at par to the public during February 1976. Pref. shares redeemable at par on 30.4.1991. 1978 - 3,70,000 No. of equity shares issued at par to Indian promoters and foreign collaborators during 1978/79. Arrears: Rs 11,250. 1981 - 15,99,540 Bonus equity shares issued in prop. 2:5. 1982 - The Company entered into a joint sector agreement with Industrial promotion & Investment Corporation of Orissa Ltd., for establishing a ceramic apparatus insulator project. For this purpose, a new company was incorporated under the name of Ipigraph Electro-Ceramic Ltd. - 11,05,120 No. of equity shares allotted to financial institutions at par on conversion of loans. 4,42,048 bonus equity shares due on these shares were alotted to financial institutions. 1984 - Company undertook a Rs 7.60 crores modernisation programme to enable production of longer length electrodes and ultra high power electrodes in line with the latest technology. - The Textile Units was set up and its was financed out of internal accruals. The Company also took on lease the spinning unit of Bhilwara Spinners, Ltd., for a period of five years from 1st November. - The Company undertook a modernisation of the Bhilwara unit. The Company hoped to finalise foreign collaboration agreement with a knitwear manufacturer to obtain the necessary technical know-how. - The Company received a Letter of Intent to manufacture 60,000 tonnes per annum of newsprint in Madhya Pradesh. 1985 - The Company issued 15% secured non-convertible debentures of the aggregate face value of Rs 7.60 crores on rights basis to finance part of the project cost of the Jammu spinning unit and to meet working capital requirements. 1987 - The Company proposed to form a subsidiary namely Bhilwara Viking Petroleum, Ltd., for oil exploration in technical-cum-financial participation with a Norweigian Company M/s. Viking Offshore Drilling A/s. - The Company received a letter of intent for setting up of 25,000 spindles project in Jammu. 1988 - The Company proposed to increase the capacity of graphite electrodes from 17,500 tonnes to 21,000 tonnes with the installation of modern fuel efficient, cost effective baking furnaces with impregnation facility and new graphitisation furnace. 1989 - The Company by an auction through High Court, acquired a textile unit of 14,300 spindles. - The lease agreement with M/s. Bhilwara Spinners, Ltd. expired on 31st March, and the Company was taking necessary steps to amalgamate the operations of the spinning unit with the Company. - With effect from 25th September, Bhilwara Viking Petroleum Ltd., a subsidiary of the Company, was merged with the Company. 1990 - The Company along with Rajasthan Spinning & Weaving Mills, Ltd., promoted a 100% export oriented unit for cotton spinning in Madhya Pradesh at District Khargone by way of investments in the equity shares of Maral Overseas Ltd. under which the unit was being set up. - The Company offered 1,87,500-12.5% secured fully convertible debentures of Rs 200 each for cash at par on rights basis in the ratio of 1 convertible debentures: 40 fully paid-up equity shares held (all were taken up). Additional 28,125 debentures allotted to retain oversubscription. - Another 9,375 debentures were reserved for allotment to the employees on an equitable basis (all were taken up). - The Company issued another 1,87,500-12.5% secured fully convertible debentures of Rs 200 each through prospectus. Out of these, 1,78,125 debentures were offered to public (all taken up). Additional 26,940 debentures were allotted to retain oversubscription. - The balance 9,375 debentures along with 1,185 additional debentures (as retention of oversubscription) were offered to employees. None were taken up. All these 10,560 debentures were allotted privately. Each debentures was converted into 5 fully paid-up equity shares of Rs 10 each at a premium of Rs 30 per share on 7th December, 1991. - 10,700 shares issued at par to the erstwhile subsidiary company Bhilwara Viking Petroleum Ltd. pursuant to the amalgamation. 1991 - With effect from 30th October, 1991, the name of the company was changed from Hindustan Electro-Graphites Limited to HEG limited. - One kiln of 30,000 tonnes per annum was commissioned. - The Company issued 14% secured non-convertible debentures of the aggregate value of Rs 500 lakhs to UTI, LIC, GIC and subsidiaries on private placement basis. These debentures are redeemable at 5% premium as follows: Rs 400 lakhs in equal instalments at the end of 6th, 7th and 8th year from 24.7.1991 and Rs 100 lakhs at the end of 7th year from 24.7.1991. - The company issued 19% secured non-convertible debentures of the aggregate value of Rs 100 lakhs to Army Group Insurance Fund on private placement basis. These debentures are redeemable at 5% premium in three equal instalments at the end of 6th, 7th and 8th year from 24.7.1991 (date of allotment). - With effect from 30th October, the name of the Company was changed from Hindustan Electro-Graphites, Ltd., to `HEG Limited'. - 2,01,925 No. of equity shares allotted (prem. Rs 30 per share) in full conversion of debs. on 7.12.1991. 240 debs. remained to be converted as the allotment money on debs. was yet to be received. - During the year under report, Bhiwara Viking Petroleum Ltd., a subsidiary of the Company, has merged with the Company with restrospective effect from 25th September, 1989, pursuant to the orders of the Hon'ble High Court of Delhi. - As reported last year the Company has signed a collaboration agreement with sponge Iron India Ltd., a Govt of India Undertaking, for installing 60,000 tons capacity sponge iron plant in Durg District (M.P.). - 1,84,325 - 12.5% Fully convertible debentures of Rs 200/-each for cash at par aggregating to Rs 368.65 lacs were issued on Rights basis to the existing equity share-holders of the Company and Rs 1,87,500 - 12.5%. - Fully Convertible Debentures of Rs 200/-each at par aggregating to Rs 375.00 lacs were issued to the public. 1992 - The Company has built a colony for the labourers by which the absenteeism has been substantially reduced. The company has also intstalled a 1150 KVA DG set, thereby minimising the impact of frequent power shortages. - Due to severe shortage of foreign exchange faced by the country, no substantial increase in the drilling operations by ONGC/Oil India has taken place during 1991-92. - During the year, one kiln of 30,000 tons per annum was commissioned in March 1992 while the 2nd kiln also started operations in May 1992. 1993 - The unit undertook expansion for installing 9,216 spindles for manufacturing polyester viscose yearn. Profitability at Jammu unit was adversely affected due to phenomenal increase in raw cotton prices and recession in the world textile market. - The Company undertook further expansion of installing 9,216 spindles for manufacturing PV blended yarn. - During Sept.Oct. 1982, 58,50,000 rights equity shares issued (Prop. 5:8; Prem. Rs 30). 21,50,000 shares issued on pref. basis to shareholders of Rajasthan Spg. & Wvg. Ltd., Maral Overseas Ltd. Bhilwara Synthetics Ltd. and to 15% NCD holders of the Company. Another 4,00,000 shares issued to employees (only 1,62,850 shares taken up). 1994 - During November, 26,33,000 No. of equity shares were allotted to promoters on private placement basis. 1996 - Balancing equipments were added to maintain competitive edge and to increase product versatility. The Company pursuaded the hydel power project at Tawa primarily to ensure power supply for graphite plant, when there is power scarcity. - The Company proposed to acquire sponge iron plants incorporating indigenous know-how and with a capacity of 60,000 TPA each. - Technical assistance agreement was signed with Sponge Iron India Ltd. (SIIL), a Government of India undertaking. - The 12.8 MW Co-generation power unit for sponge iron plant was commissioned during the year. 1997 - The 12.8 MW co-generation power unit was also successfully commissioned during the year. - The two power projects at Tawa and Durg, with a total capacity of 26.30 MW were commissioned in early 1997, Graphite expansion to 24,000 tons was also completed by March, 1997 and the expansion of Rishabhdev unit taking its total capacity to 32,732 spindles, which was completed in March, 1996 became fully operational. - Shri Ravi Jhunjhunwala and Shri Shekhar Agarwal have been nominated as the Chairman, and Vice Chairman effective 6th October, 1996 respectively. - Shri A de Lastours, Shri V K Mehta and Shri O P Gupta, Directors, retire by rotation. - 19% Secured Redeemable Non-Convertible Debentures of Rs. 100 lacs privately placed with Army Group Insurance Fund (AGIF) are redeemable in three equal instalments at the end of 6th, 7th and 8th year from the date of allotment being 12th February, 1992 together with 5% premium payable at the end of the 7th year. - 18.50% Secured Redeemable Non-Convertible Debentures of Rs. 1500 lacs have been allotted on private placement basis to UTI, LIC, GIC & its subsidiaries and Army Group Insurance Fund, out of which) - 19% Secured Redeemable Non-Convertible Debentures of Rs. 100 lacs privately placed with The Oriental Insurance Company Limited (OIC) are redeemable at the end of 5th year from the date of allotment being 30th October, 1996. - 20.80% Secured Redeemable Non-Convertible Debentures of Rs. 4200 lacs privately placed with the Industrial Credit and Investment Corporation of India Limited (ICICI) and SCICI Limited are redeemable in twenty equal quarterly instalments commencing from 15th July, 1997 and ending on 15th April, 2002. - During the year, the company has installed and started commercial production on Hydel Power Project at Tawa and Waste Heat Recovery based power plant at Durg w.e.f. 21.1.1997 and 16.3.1997 respectively. 1998 - The two Captive Power plants, both were commissioned towards the end of 1996-97. - The Rishabhdev Unit has been awarded SRTEPC award for highest export of 100% Poly spun yarn during 1996-97. - Shri N. V. Khote, Shri P. Murari and Shri D. N. Davar, Directors, retire by rotation. 1999 - The Graphite Division, by virtue of its export performance bagged the "National Award" instituted by the Govt of India and the same was presented by the Hon'ble Prime Minister, Shri Atal Behari Vajpayee. The Company also received the "Top Export Award" from CAPEXIL for the thirteenth year, consecutively. - The Rishabhdev unit successfully commissioned a 4.2 MW Wartsila Generating set for captive consumption of the Textile Division. - The Sponge Iron Division has received National Award from the Hon'ble Prime Minister of India for excellent performance in the field of exports during the year 1997-98. - Shri L N Jhunjhunwala, Shri Shekhar Agarwal and Shri A de Lastours, Directors, retire by rotation. 2000 - The Company embarked on a capacity expansion of Graphite electrode Plant from 22000 MT to 30000 MT. - The Company's Hydro Electric Plant being seasonal in nature, remained closed during the quarter. 2001 - The company has shortlisted Egypt, Tunisia and Thailand for its first overseas graphite electrode making plant. 2002 -Board approves in principle the delisting of equity shares of the company from Delhi Stock Exchange, Jaipur stock exchange, Calcutta and Bangalore stock exchanges. -Promoters have acquired the shares of the company through open market in different names. -Completes the disinvestment of its textiles business at Rishabdev unit in Rajasthan. -Receives CAPEXIL Award for Top Exporter. 2003 -Reports Inter-se change in the shareholding pattern of the company. -HEG Ltd has informed that at the Annual General Meeting of the members held on September 27, 2003, members have approved delisting of its equity shares from Delhi, Calcutta, Bangalore and Jaipur Stock Exchanges 2004 -HEG, the flagship of the LNJ Bhilwara group has emerged as the winner of an international competitive bid for supply of graphite electrodes technology to National Iranian Steel Company (NISCO), the largest steel manufacturer in Iran -Promoters increase their stake to 57.50% in the company 2008 - Heg Ltd has appointed Mr. Ashish Sabharwal as Company Secretary of the Company. 2009 -The company has recommended payment of dividend at the rate of Rs. 6.50/- per equity share Rs. 10/- each 2010 -The company has recommended payment of dividend at the rate of Rs.10/- per equity share Rs. 10/- each 2011 -The company has recommended payment of dividend at the rate of Rs. 5/- per equity share Rs. 10/- each 2012 -The company has recommended payment of dividend at the rate of Rs. 5/- per equity share Rs. 10/- each 2024 -The Company has splits its face value from Rs. 10/- to Rs. 2/-

Read More

Parent Organisation

HEG Ltd.

Founded

27/10/1972

Managing Director

NSE Symbol

HEGEQ

FAQ

The current price of HEG Ltd is ₹ 466.35.

The 52-week high for HEG Ltd is ₹ 482.80 and the 52-week low is ₹ 464.00.

The market capitalization of HEG Ltd is currently ₹ 8999.51. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy HEG Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in HEG Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase HEG Ltd shares.

The CEO of HEG Ltd is , who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

OPEN FREE* DEMAT ACCOUNT