BF INVESTMENT HIDDEN VALUE

BF Investment Ltd. (BFIL) is a part of USD 2.4 billion Kalyani Group. BFIL was formed by demerging Investment Business of BF Utilities Ltd. by way of a Composite Scheme of Arrangement. Under the said business restructuring, Investment Business has been transferred to BF Investment Ltd



PROMOTER HOLDING :
 

INVESTMENT:

KALYANI INVESTMENT : (BF INVESTMENT HOLDS 40% IN KALYANI INVESTMENT) •Kalyani Investment was incorporated as an Investment Company with the purpose of transfer and vesting of 'Investment  Division' of Kalyani Steels Limited and amalgamation of three wholly owned investment subsidiaries of Kalyani Steels Limited, as a going concern, in terms of the Composite Scheme of Arrangement approved by Hon'ble High Court of Judicature at Bombay vide its Order dated 12th March, 2010. •Kalyani Investment is a Core Investment Company holding more than 90% of its assets in investments in shares of or debts in Group Companies. The thrust of business is to hold and continue to hold securities in Kalyani Group Companies POST SCHEME OF ARRANGEMENT TOP 10 SHAREHOLDING OF PERSONS BELONGING TO PROMOTER AND PROMOTER GROUP: VALUATION :  •VALUATION DUE TO MARKET VALUE OF SHARE PRICE = 562 CR •KALYANI INVESTMENT =145 CR •Reserves & Surplus = 542.55 CR •Equity Share Capital = 18.83 CR •Contingent liabilities =8 CR •MARKET VALUE TAKING 50% =353 CR •BOOK VALUE=242 RS (OF FACE VALUE 5) •NOT INCLUDING UNLISTED COMPANY  VALUE AT PAR =123 CR Additional notes: •Ksl holding holds 11% in bf utilities •Bf investment holds around 50% in ksl holdings •So with 3,182.54 Cr mcap bf investment holds 5% more stack in bf utilities around 159 cr more TARGET 300 RS OR MORE  IN A YEAR...............