Investors FAQ


1. What is Gravita’s area of operations?

Gravita India Limited is an Indian multinational, having its global head office at Jaipur, Rajasthan, India. The Company has 3 business verticals viz., manufacturing, Trading and technology solutions.

The manufacturing operations of the Company comprise eco-friendly Lead Smelting, Lead refining (99.97% purity), value- added alloying and the production of innovative Lead chemicals. The Company’s principal plant is located in Phagi, Jaipur, along with four other manufacturing units at Mahindra SEZ Jaipur, Gandhidham, Gujrat, Jammu and Kathua J & K (India).

In addition the Company has footprints across the globe viz, to name a few Ghana, Mozambique, Senegal (in Africa), Sri Lanka and Nicaragua.

The company manufactures Lead and by- products of Lead by recycling the Lead Battery Scrap which is a hazardous waste and unsafe disposal of which can create Environmental / Health problems.

The Company has one of the most innovative vertical of facilitating the eco friendly fabrication of Lead recycling/refining plants, pollution control equipments, battery ¬¬-breaking and hydro separation systems.

Gravita is also engaged in merchant trade of Lead and Lead products. Gravita’s deep knowledge of a dynamic marketplace was leveraged to create a trade-centric revenue centre. The company leveraged its knowledge of market place realities to trade Lead, Lead products, metals, chemicals, ferrous scrap and mineral through its B2B portal.

2. Where and when was Gravita founded?

The Company was incorporated on 04/08/1992 under the Companies Act, 1956 as ‘Weldtech Private Limited’ Jaipur, Rajasthan. The company changed its name to Gravita India Private Limited w.e.f 02/08/1996 and subsequently Company was converted into Public Limited Company vide a fresh Certificate of Incorporation dated 13/08/1996.

3. What is the employee strength of Gravita?
The group employs around 500 + people worldwide.
4. Does the company have any debt in balance sheet?

Yes, the Company has cash credit limits from State Bank of India Consortium (consortium partner- PNB & SBBJ Bank) and has also some hypothecation loans against vehicles.

5. When does the financial year of Gravita end?

Gravita follows a financial year that begins on April 1 and ends on March 31.

6. What is the registered address and corporate address of the company?

Registered Office and Works:-
‘Saurabh’, Chittora Road, Harsulia Mod,
Diggi – Malpura Road, Tehsil Phagi, Jaipur-303 904
Email: works@gravitaindia.com
info@gravitaindia.com

Corporate Office:-
402, Gravita Tower, A-27B, Shanti Path,
Tilak Nagar, Jaipur – 302 004, India
Phone No.: +91-141-2623266, +91-141-2622697
Fax: +91-141-2621491
Email: companysecretary@gravitaindia.com

7. On which Stock Exchanges Equity Shares of Gravita India Limited are listed and codes of particular Stock Exchange and ISIN of Equity Shares?

The Equity Shares of Gravita India Limited are listed on Bombay Stock Exchange and on National Stock Exchange. Code of Stock Exchanges are as follows:-

BSE : 533282
NSE : GRAVITA
ISIN Code
: INE024L01027

8. Who are the auditors of Gravita?

Statutory Auditors:-
Deloitte Haskins & Sells
Chartered Accountants
7th Floor, Building 10, Toweer B
DLF City Phase -II
Gurgaon – 122002, Haryana, India
www.deloitte.com

Internal Auditors:-
Pro Advisory India LLP
15th Floor, Tower A, DLF Building No.5
DLF Phase III, DLF Cyber City
Gurgaon – 122002, Haryana, India
india@protivitiglobal.in

Cost Auditor:-
M/s K.G. Goyal & Associates
Cost Accountants
289, Mahaveer Nagar-II
Maharani Farms, Durgapura
Jaipur-302018 Rajasthan, India

9. Where can I obtain information on the Gravita’s financial results?

The quarterly and annual financial results of the Company can be accessed at:
http://www.gravitaindia.com/investors/financials and also at the website of stock exchanges.

10. When did Gravita have its IPO and what was its issue price?

Gravita India Limited brought its IPO on 13/11/2010 i.e. Public Issue of 36, 00,000 equity shares of Rs. 10 each for cash at a price of Rs.125 per equity share (including share premium of Rs.115 per equity share).

11. What is the history of Bonus Shares of Gravita?

During the Financial year 2009-10 Company has issued 3340000 Bonus Shares pursuant to the Resolution passed in Extra Ordinary General Meeting held on 27 August 2009.

12. What is the Dividend History of Gravita and policy of declaration of Dividend?

Gravita has a consistent track record of Dividend Payment. The total Dividend Payment for Year 2011-12, 2012-13, 2013-14 respectively in each year was 40 % of the Face Value amounting to Rs.5.44 Crore in each year and 10% of the face value amounting to Rs.1.37 Crore for the year 2014-15 and 2015-16 respectively. For more updated details of Dividend please visit the following url:
http://www.bseindia.com/stock-share-price/stockreach_corpact.aspx?scripcode=533282&expandable=5

13. How many Shares of Gravita are outstanding till September 2016?

The number of Equity Shares outstanding till September 2016 are 6, 84, 67,514 shares of Rs 2/- each.

14. When was last AGM of Gravita held?

The Last AGM of Gravita India Limited was held on 6th August 2016 at 11:00 A.M. at ‘Saurabh’, Chittora Road, Harsulia Mod,Diggi Malpura, Tehsil-Phagi,Jaipur 303904 {Rajasthan}

15. Has Gravita done any Sub-Division of Shares?

Yes, there has been Sub-Division of Equity Shares of the Company from 1 share of Rs 10/- each to 5 shares of Rs.2/- per Equity Share on 11th May 2012 for which approval was received from both Stock Exchanges on 23rd May 2012.

16. Has Gravita issued Shares under ESOP to its Employees?

Yes, the Company has issued Shares to Employees under ‘Gravita Employee Stock Option Plan 2011’ and the Company has allotted 314289 Equity Shares to its Employees till June 2016 against vesting of ESOPs granted under Gravita ESOP 2011 in previous years.

17. How do I buy Gravita Shares?

The shares of Gravita are in compulsory rolling settlement system and can be bought from stock exchanges through registered stock brokers.

18. What care should take while buying or Selling Shares?

It is advisable to purchase or sell securities only through authorized stockbrokers duly registered with Stock Exchanges. Ensure that you receive a Contract Note for all transactions. The broker’s stamp with the SEBI registration/Code number should be affixed on the reverse of the transfer deed(s). For securities held in electronic form, please contact your depository participant.
Important points to note:-
Always include your complete address along with pin code while filling in the transfer deed / opening an account with a depository participant.
Keep photocopies of certificates, transfer deeds and other documents, In case of a loss in transit, they come handy.
A transfer deed for shares is valid for only one year from the date of presentation or the last book closure of the company, whichever is later. For debentures the transfer deed is valid for an indefinite period.

19. Why should I keep Shares in Joint names?

It is advisable to register securities in joint names in order to facilitate Succession.

20. Can I avail nomination facility?

Yes. For securities held in physical form, you may nominate a person by completing Form SH-13 and sending it to Registrar and Transfer Agents of the Company. For securities held in electronic form, please contact your depository participant.

21. How do I open a Demat account with Depository and How I will come to know about any movement in my Demat account?

You may open a demat account with a Depository Participant (DP) of your choice. As an investor you will interact with National Securities Depository Limited (NSDL) or Central Depository Services Ltd. (CDSL) through your Depository Participant. Your DP will allot you an account number which will serve as a reference for all your future dealings with them. It may be advisable to be aware of the rates that will be charged to you by your DP for various activities.

Your DP will update your account after each transaction, and would periodically furnish you with a statement of holding. You may verify this with your DP at the time of opening your electronic account.

22. How do I convert my paper certificates into electronic form?

First you have to open a demat account with a Depository Participant (DP) and obtain a Client ID number. Thereafter you have to fill up a Demat Request Form (DRF) provided by the DP and surrender it along with physical share certificates intended to be converted to electronic form to the DP.

Upon receipt of the share certificates and the DRF, the DP will send an electronic request through the Depository to the R & T Agent of the Company for confirmation of demat. Each request will bear a unique transaction number.

Simultaneously, the DP will surrender the DRF and the share certificates to the R & T Agent of the Company with a covering letter requesting the R & T Agent of the Company to confirm the demat. After verifying the documents received from the DP, the R & T Agent of the Company will confirm the demat to the Depository. This confirmation will pass on from Depository to the DP which holds your account. Then the DP credits the account with the dematerialised shares. The DP will then hold the shares in demat form on your behalf and you become the beneficial owner of these Shares.

23. How do I buy/sell in Electronic Mode?

You may buy and sell securities in electronic form through the depository by coordinating with your broker and your DP. Such transactions would be simpler and faster. Payments for such transactions would be made in the same way as is done for physical certificates. Securities purchased in electronic form are credited to your account on 2 days next to the day of payout with no formalities of filling transfer deeds or applying to the Company for registration. All such transactions are exempt from stamp duty and accordingly no share transfer stamps are required to be affixed.

Such transactions are not routed through the Company and the debit/credit takes place directly in the Depository System. However, corporate benefits would be paid to the person holding such securities on the Record date/ Book closure date as applicable.

24. How can I convert my electronic holding into paper form (Rematerialization)?

As per the existing guidelines, an investor can choose to reconvert his electronic holding into physical form at any time through his DP. On receipt of the rematerialisation request along with the ‘Remat Request Form’ (RRF) the Company/ R & T Agents of the Company will issue fresh certificates.

25. What is the process of change of Address?

For physical holdings, please send a letter, duly signed by the first holder, stating the new address and folio numbers of the shares you own to our Share Registrar, M/S Karvy Computershare Pvt.ltd (mailing address given in the Investor Contact section). A computerized acknowledgement will be sent to your new address confirming the updation of the change in our records.

In the case of dematerialized holdings, please write to your Depository Participant (DP) intimating them of the change and ask for a confirmation that their records reflect the new address.

26. How can I receive Dividend?

To receive dividend from the Company, you must be shareholder of the Company as on record date/book closure date declared for the purpose of dividend payment. Further your Bank mandate must be updated in the records of the Company whether you hold shares in physical form or otherwise (in case of demat holding) with your DP. It is always preferable that you provide an ECS (Electronic Clearing Service) mandate to your bankers so that all your dividends are received electronically in your bank account directly. It reduces the hassles of late receipt of dividend warrants, loss of warrants in transit/ bad delivery and presenting the warrant in bank. For ECS mandate please contact your DP.

27. How to receive Duplicate Share Certificate when original Certificates are lost?

If your Share Certificates are lost then firstly you have to lodge an FIR, and thereafter send the copy of FIR and an Affidavit in your Name to the Registrar and Share Transfer Agents {RTA} of the Company at the Following Address:-

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32, Gachibowli,
Financial District, Nanakramguda,
Hyderabad – 500 032
Phone No. 040-67162222
Toll Free No: 1-800-345 4001
Website-www.karvy.com
E-mail: shobha.anand@karvy.com

28. How to make Contact With Company for Investor Services and where to contact {Address}?

M/s Karvy Computer share Pvt Ltd, the Registrar and Transfer Agents of the Company handle all investor related issues on behalf of the Company. They can be approached at:

Assistant General Manager-RIS
Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32, Gachibowli,
Financial District, Nanakramguda,
Hyderabad – 500 032
Phone No. 040-67162222
Toll Free No: 1-800-345 4001
Website-www.karvy.com
E-mail: shobha.anand@karvy.com

However, you can also contact Company for any Investor Grievances at the address mentioned below:-

Company Secretary
402, Gravita Tower, A-27B, Shanti Path,
Tilak Nagar, Jaipur – 302 004, India
Phone No.: +91-141-2623266, +91-141-2622697
Fax: +91-141-2621491
Email: companysecretary@gravitaindia.com