Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. India
  4. Bombay Stock Exchange
  5. Prism Johnson Limited
  6. News
  7. Summary
    500338   INE010A01011

PRISM JOHNSON LIMITED

(500338)
  Report
End-of-day quote Bombay Stock Exchange  -  2022-09-22
126.45 INR   -2.20%
08/03Prism Johnson Limited Announces Resignation of Atul Desai as Executive Director, Effective from the Close of Business Hours on August 28, 2022
CI
08/03Prism Johnson Limited Announces CEO Changes
CI
08/03Prism Johnson Limited Reports Earnings Results for the First Quarter Ended June 30, 2022
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Paytm lnsuretech Private Limited terminated the agreement to acquire Raheja QBE General Insurance Company Limited from Prism Johnson Limited and QBE Insurance Group Limited.

05/15/2022 EDT

QorQl pvt ltd. entered into an agreement to acquire Raheja QBE General Insurance Company Limited from Prism Johnson Limited (BSE:500338) and QBE Insurance Group Limited (ASX:QBE) for INR 5.7 billion on July 6, 2020. The consideration will be paid in cash. As part of the agreement, QorQl pvt will pay for an aggregate consideration of INR 2.9 billion to Prism Johnson. The consideration to be received by the Prism Johnson is subject to certain adjustments which may be carried out between the date of execution of definitive agreement and closure of the sale, and other customary terms for a sale of such nature. Prism Johnson Limited will receive INR 2896.8 million for the stake sale. All employees of Raheja QBE would continue working in Mumbai and other locations. The transaction is subject to to customary conditions, including approvals from the Insurance Regulatory and Development Authority of India and approval by the shareholders of Prism Johnson. On July 6, 2020, the Board of Directors of Prism Johnson Limited approved the transaction. Transaction is currently awaiting regulatory approval in India. The transaction is expected to close by March 31, 2021. Rishi Gautam of Cyril Amarchand Mangaldas acted as legal advisor to QBE Insurance in the transaction. Shardul Amarchand Mangaldas & Co acted as legal advisor to QorQl, Ernst & Young Australia acted as due diligence advisor and Ernst & Young Private Limited acted as accountant to QBE Insurance and TriLegal Partners acted as legal advisor to Prism Johnson in the transaction.

Paytm lnsuretech Private Limited terminated the agreement to acquire Raheja QBE General Insurance Company Limited from Prism Johnson Limited (BSE:500338) and QBE Insurance Group Limited (ASX:QBE) on May 15, 2022.


© S&P Capital IQ 2022
Stocks mentioned in the article
ChangeLast1st jan.
PRISM JOHNSON LIMITED -2.20% 126.45 End-of-day quote.-2.58%
QBE INSURANCE GROUP LIMITED -0.76% 11.83 Delayed Quote.4.23%
All news about PRISM JOHNSON LIMITED
08/03Prism Johnson Limited Announces Resignation of Atul Desai as Executive Director, Effect..
CI
08/03Prism Johnson Limited Announces CEO Changes
CI
08/03Prism Johnson Limited Reports Earnings Results for the First Quarter Ended June 30, 202..
CI
07/28Prism Johnson Limited Announces Set Up New Manufacturing Facility for Industrial Produc..
CI
05/15Paytm lnsuretech Private Limited terminated the agreement to acquire Raheja QBE General..
CI
05/11Prism Johnson Limited Reports Earnings Results for the Full Year Ended March 31, 2022
CI
05/11Prism Johnson Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2..
CI
03/28Crisil Affirms A1+ Rating on Prism Johnson's Commercial Paper
MT
03/03Prism Johnson Limited Announces Appointment of Akshay Rajan Raheja as Additional Direct..
CI
02/01Prism Johnson Limited Completes the Expansion of Tile Production Capacity
CI
More news
Analyst Recommendations on PRISM JOHNSON LIMITED
More recommendations
Financials
Sales 2023 71 133 M 877 M 877 M
Net income 2023 1 349 M 16,6 M 16,6 M
Net Debt 2023 16 933 M 209 M 209 M
P/E ratio 2023 47,4x
Yield 2023 0,51%
Capitalization 63 649 M 785 M 785 M
EV / Sales 2023 1,13x
EV / Sales 2024 1,01x
Nbr of Employees 5 170
Free-Float 24,4%
Chart PRISM JOHNSON LIMITED
Duration : Period :
Prism Johnson Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PRISM JOHNSON LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 6
Last Close Price 126,45 INR
Average target price 137,67 INR
Spread / Average Target 8,87%
EPS Revisions
Managers and Directors
Vijay Shubhabhilashi Aggarwal MD & Non-Independent Executive Director
Manish Bhatia Chief Financial Officer
Shobhan Madhukant Thakore Chairman
Aneeta Suhas Kulkarni Secretary & Compliance Officer
Ameeta Aziz Parpia Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
PRISM JOHNSON LIMITED-2.58%785
HOLCIM LTD-11.98%25 379
ANHUI CONCH CEMENT COMPANY LIMITED-31.58%20 494
XINJIANGTIANSHAN CEMENT CO.,LTD-40.50%11 073
DANGOTE CEMENT PLC-4.67%9 605
SHREE CEMENT LIMITED-21.44%9 430