Surana Corporation Limited Unlisted Shares - Company Overview
Surana Corporation Limited engages in the manufacture, wholesale, and retail of medallion jewelry, and gold and silver in India. The company also deals in gold trade, gems, and jewelry. In addition, it generates power through wind mills. The company sells products through its showroom. Surana Corporation Limited also exports its products. The company was incorporated in 1991 and is headquartered in Chennai, India.
Surana Corporation Limited Share Price, Share Details as of March 31, 2017
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Surana Corporation Limited Outstanding Shares: |
24358734 |
|
Face Value of Surana Corporation Share: |
Rs. 10 Per Equity Share |
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ISIN of Surana Corporation Limited Share: |
INE357D01010 |
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Lot Size of Surana Corporation Share: |
100 |
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Surana Corporation Share Price: |
Best In Industry |
|
PAN Number of Surana Corporation : |
AAACS3122L |
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GST Number of Surana Corporation : |
33AAACS3122L1ZN |
Surana Corporation Limited Incorporation Details
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Surana Corporation Limited CIN Number |
L65991TN1991PLC020783 |
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Surana Corporation Limited Registration Date |
10-May-91 |
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Category / Sub-Category of Surana Corporation Limited |
Public Companies having a share capital |
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Surana Corporation Limited Registered Office Address |
No 30 GNT Road, Madhavaram Chennai Chennai TN 600110 IN. |
|
Surana Corporation Limited Registrar & Transfer Agent Address & Contact Details |
No.1, Club House Road, 5th Floor,Subramanian Building, Chennai – 600 002 |
Surana Corporation Limited Board of Directors
|
Director |
Post |
|
Shri. Swaminathan Ganesh |
Non - Executive Chairman |
|
Shri. Vijayraj Surana |
Director |
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Smt. Agnes Roselind Joseph |
Independent Director |
|
Shri. Devarajan.K.E |
Non-Executive Director |
Surana Corporation Limited Shareholding Pattern (As of 31-03-2023)
|
Particulars |
No. Of Shares |
% of Shares Held |
|
I. Promoters and Promoter Group |
12247426 |
50.28 |
|
II. Public Shareholding |
|
|
|
1. Bodies Corporate |
3013518 |
12.37 |
|
III. Individual Shareholders |
6126139 |
25.15 |
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IV. Foreign Corporate Bodies |
1100000 |
4.52 |
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V. Non Resident Indians |
1589867 |
60.53 |
|
VI. HUF's |
275940 |
1.13 |
|
VIII. Clearing Members |
5844 |
0.02 |
|
TOTAL |
24358734 |
100 |
FAQs on Surana Corporation Ltd
Q: What is the face value of Surana Corporation Ltd shares?
Answer: The face value of Surana Corporation Ltd is ₹10 per equity share.
Q: What is the minimum lot size for buying Surana Corporation shares through WWIPL?
Answer: The minimum lot size for Surana Corporation shares is 100 equity shares.
Q: How can I buy Surana Corporation delisted shares through WWIPL?
Answer: Investors can complete the KYC process, confirm the transaction details with WWIPL, transfer funds, and receive shares directly in their Demat account.
Q: Why should I buy Surana Corporation shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless Demat transfers, and dedicated support throughout the investment process.
Q: Is investing in Surana Corporation Ltd a good idea?
Answer: Investors evaluate Surana Corporation based on its business operations, financial position, asset base, valuation, and risks associated with delisted securities before making an investment decision.
Q: Why do investors buy Surana Corporation shares?
Answer: Investors seek opportunities in delisted companies based on potential value unlocking, corporate developments, restructuring possibilities, and future liquidity opportunities.
Q: What business does Surana Corporation Ltd operate in?
Answer: Surana Corporation Ltd operates in the precious metals and jewellery sector. The company is engaged in manufacturing, wholesale and retail of medallion jewellery, gold and silver products, gems and jewellery, and also has wind power generation activities.
Q: When was Surana Corporation Ltd incorporated?
Answer: Surana Corporation Ltd was incorporated in 1991 as a public limited company.
Q: What makes Surana Corporation different from other delisted companies?
Answer: Surana Corporation provides exposure to the precious metals and jewellery segment with operations across jewellery products, gold and silver trading, and renewable energy generation through wind mills.
Q: What are the key growth drivers for Surana Corporation Ltd?
Answer: Growth drivers include demand for gold and jewellery products, expansion of retail jewellery operations, improvement in operational performance, asset utilization, and favourable trends in precious metals.
Q: What factors affect the valuation of Surana Corporation shares?
Answer: Asset value, jewellery business performance, gold and silver prices, profitability, financial position, market demand for delisted shares, and future corporate developments influence valuation.
Q: Are Surana Corporation shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account.
Q: Can I sell my Surana Corporation shares through WWIPL?
Answer: Yes. WWIPL facilitates buying and selling of unlisted and delisted shares, subject to market demand and share availability.
Q: What documents are required to buy Surana Corporation shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report (CMR), and bank account details to complete the transaction.
Q: What are the risks of investing in Surana Corporation shares?
Answer: Investors should consider delisting-related risks, limited liquidity, volatility in precious metal prices, business performance, financial uncertainty, and challenges in value realization.
Q: How does WWIPL help investors track Surana Corporation investments?
Answer: WWIPL provides company updates, transaction assistance, market information, and investment insights to help investors stay informed.
Q: How long does it take for Surana Corporation shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account after successful completion and verification of the transaction.
Q: What should investors evaluate before investing in Surana Corporation Ltd?
Answer: Investors should assess the company's financial position, jewellery operations, asset value, valuation, delisting status, liquidity, and long-term prospects before investing.
Q: Can Surana Corporation benefit from growth in India's jewellery and precious metals market?
Answer: Yes. Rising jewellery demand, increasing consumer spending, gold market growth, and opportunities in organised jewellery retail may create long-term opportunities for companies operating in this sector.
