sir if u want to invest in investment comp..there is a comp called GUJARAT NRE MINERAL RESOURCES LIMITED


1.     Gujarat NRE Mineral Resources Ltd (GNMRL), the fountainhead of the Gujarat NRE group, is focussed on Coal Mining, Met Coke production and Oil and gas exploration


2.     .Last year, post merger of eight other core investment companies of the group, GNMRL emerged as the controlling stakeholder in Gujarat NRE Coke Ltd (GNCL) with 33% holding

3.     This in turn allows GNMRL to hold controlling stake in Gujarat NRE Coking Coal Ltd (GNCCL), a subsidiary of Gujarat NRE Coke Ltd., listed on the Australian Stock Exchange (ASX), with market capitalisation of more than A$ 650 million.

4.      GNCCL owns and operates two important mines in Australia carrying high quality premium-hard coking coal resources of over 560 million tonnes.

5.     GNMRL also holds 38% stake in NRE Metcoke Ltd, formed by acquiring three coke oven plants in Gujarat with a combined capacity aggregating 0.1 million tonnes.

6.     Besides, the Company through its Australian wholly owned subsidiary Gujarat NRE Oil Ltd. (GNOL) has 90% interest in two onshore exploration blocks namely EP457 and EP458 covering an area of 10640 sq. km in the highly prospective onshore Canning Basin, Western Australia. The two oil blocks are surrounded by a number of recent petroleum discoveries -there have been oil discoveries in the immediate vicinity-historical evidence and current available data makes the area a highly prospective one.

7.     


Interview of chairman Arun Kumar Jagatramka with

            
Tuesday, Aug 31, 2010
     




Gujarat NRE unit plans listing in 2010-11

BS Reporter / Mumbai/ Ahmedabad May 14, 2010, 0:20 IST

Gujarat NRE Mineral Resources Limited (GNMRL), a holding company in Gujarat NRE Coke Ltd, is likely to be listed on Indian bourses during the fiscal 2010-11 as the company intends to come out with its initial public offer (IPO) this fiscal.
"We are looking at listing GNMRL in India by the end of this year," Arun Kumar Jagatramka, chairman and managing director, Gujarat NRE Coke Ltd (GNCL), said on Thursday in Ahmedabad.



"We have not yet decided on the size of the issue and the number of shares to be offered to the investors. The details are being worked out," he added.
Jagatramka was in the city to announce GNMRL's rights issue, through which the company will raise Rs 119.33 crore by offering 23.86 crore shares at an issue price of Rs five per equity share to the existing shareholders of the company.
GNMRL holds controlling stake of 33 per cent in Gujarat NRE Coke, the flagship company of Gujarat NRE Group and largest independent producer of metallurgical coke in India.
Gujarat NRE Coke, through its Australian subsidiary Gujarat NRE Coking Coal Ltd (GNCCL), owns and operates two coal mines in Australia having coal resources of over 560 million tonnes.
"Last year, the company achieved a coal production of 1.20 million tonnes from these two mines, which we plan to raise to 2.2 million tonnes in 2010-11 and it would be further scaled up to 3 million tonnes in 2011-12," Jagatramka said.
In fact, the company aims to have a production of 6 million tonnes in Australia by 2014 with an overall capital expenditure of $ 500 million. Informing that the company has so far pumped in $ 100 million, he added that last week the company approved investment of another $ 100 million to increase the production.
Gujarat NRE Group has plans to take up its met coke production in India to 4 million tonnes by the time it achieves a coal production of 6 million tonnes in Australia. At present, the company has met coke capacity of 1.25 million tonnes with its plants in Gujarat and Karnataka.
"We want to increase the capacity of our Bhachau unit in Gujarat to 1 million tonnes from present 0.68 million tonnes with an investment of Rs 600 crore. The investment also includes a cost for power project. In addition to this, the company is also setting up a green field project having production capacity of 1 million tonnes and a power plant in Andhra Pradesh with an investment of Rs 800 crore," he said.


its an unlisted comp. but going to list in march it has a high valuation i m currently holding 5000 shares if any one know this type of multibager unlisted comp. with high valuation plz let me knowi m getting 3 times (currently ) in 1 year but if its going to list in bse going to get 5 timesthere are many more unlisted comp.. listed in kolkata and delhi stock exchange but we dont know any one know about this post here