IKF Finance Unlisted Share Price Drops 12% in October 2026
· 6 min read · Written by the BuyUnlistedShares desk. Information only, not investment advice.
IKF Finance Limited saw its indicative unlisted share price adjust downward by 12.0% over the past week, moving from ₹225.0 to ₹198.0 as of 10 Oct 2026.
Direct answer: Between 03 Oct 2026 and 10 Oct 2026, the indicative unlisted share price of IKF Finance Limited declined 12.0%, falling from ₹225.0 to ₹198.0 per share. Tracked by BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002, this move reflects private over-the-counter valuation updates rather than a public exchange trigger.
Between 12 Jul 2026 and 10 Oct 2026, the indicative share price reached a high of ₹225.0 on 14 Jul 2026 and remained stable until 09 Oct 2026 before dropping to a low of ₹198.0 on 10 Oct 2026.
Weekly Indicative Price Movement and 90-Day Context
The indicative unlisted price for IKF Finance Limited on BuyUnlistedShares held steady at ₹225.0 per equity share throughout August and September 2026. On 10 Oct 2026, the indicative price was adjusted down to ₹198.0 per share, marking a 12.0% weekly drop. Across the 90-day observation window starting 12 Jul 2026 at ₹214.0, the stock traded within a band between ₹198.0 and ₹225.0.
As an unlisted entity that voluntarily delisted from the Bombay Stock Exchange and the Ahmedabad Stock Exchange in February 2015, IKF Finance shares do not trade on public platforms like the BSE or NSE. Over-the-counter price adjustments occur periodically based on available lot sizes, investor demand, and institutional desk positioning. The company document records no specific corporate action or capital adjustment explaining the weekly move.
Key Financial Performance and Valuation Metrics
IKF Finance Limited has demonstrated consistent multi-year growth across its core financial metrics. Per company filings, total revenue increased from ₹270 Cr in FY22 to ₹1,189.26 Cr in FY26. Profit after tax (PAT) expanded from ₹51 Cr in FY22 to ₹214.53 Cr in FY26, yielding a basic EPS of ₹11.43 per share for FY26.
Revenue grew consistently from ₹270 Cr in FY22 to ₹1,189.26 Cr in FY26, alongside profit after tax rising from ₹51 Cr to ₹214.53 Cr over the same period.
At the updated indicative price of ₹198.0 per share as of 10 Oct 2026, IKF Finance carries a price-to-earnings (P/E) ratio of 19.34 based on historical metrics and a book value of ₹105.58 per share, translating to a price-to-book (P/B) ratio of 2.09. The company's debt-to-equity ratio stands at 3.73, with a return on equity (ROE) of 13.13%. When reviewing over-the-counter valuations, data from BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 shows how private transactions reflect changing risk appetites across unlisted non-banking financial companies. Investors evaluating the sector can benchmark these valuation metrics using our Unlisted shares screener.
Business Profile and Institutional Shareholding
Incorporated in 1991 and headquartered in Vijayawada, Andhra Pradesh, IKF Finance Limited operates as an asset-backed non-banking financial company (NBFC). Its product portfolio focuses primarily on semi-urban and rural borrowers, covering commercial vehicle loans, construction equipment finance, tractor and three-wheeler loans, passenger car finance, and MSME credit. Its wholly owned subsidiary, IKF Home Finance Limited, provides affordable housing finance.
The company's equity capital consists of 18,77,19,982 outstanding shares at a face value of ₹5.0 per share (following a stock split from ₹10 face value). Institutional and private equity investors maintain significant equity stakes alongside the founding promoters:
- Vupputuri Gopala Kishan Prasad (Promoter): 27.98%
- India Business Excellence Fund-IIA: 18.39%
- Vistra ITCL (India) Limited: 11.00%
- Accion Digital Transformation Fund: 7.87%
- Teachers Insurance & Annuity Association: 7.87%
- Others / Public: 26.89%
Regarding corporate developments, IKF Finance announced shifting its corporate office effective 27 Sep 2025. For further operational context and past performance analysis, read our detailed reports on IKF Finance FY26 Results: Biggest Profit Year & One Risk to Watch and compare historical moves like Bootes Impex Tech Unlisted Share Price Drops 13.3% in 2026.
Risk Factors and Market Liquidity Considerations
Investing in unlisted and pre-IPO equities involves distinct structural risks that differ substantially from publicly listed stocks:
- Liquidity Risk: Private shares trade over-the-counter without a continuous order book. Exiting a position depends on finding counterparty demand, and settlement timelines vary.
- Valuation Volatility: Indicative prices fluctuate based on private deal flow, minimum lot sizes (112 shares for IKF Finance), and broader market sentiment toward financial sector assets.
- Regulatory & Listing Timing: While IKF Finance voluntarily delisted in 2015, any potential future mainboard re-listing remains subject to board approval, regulatory filings, and market conditions. Investors can track upcoming public issues via the IPO calendar.
To receive updated quotes or discuss private transaction procedures, reach out to BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 by submitting an enquiry through our contact desk.
| Item | Value | As of |
|---|---|---|
| Indicative price | ₹198 | 12 Oct 2026 |
| Lot size | 112 shares | 12 Oct 2026 |
| Minimum investment | ₹25,200 | 12 Oct 2026 |
| Market cap | ₹4,149 Cr | 12 Oct 2026 |
| Face value | ₹5 | 12 Oct 2026 |
| Book value | ₹105.58 | 12 Oct 2026 |
| P/E | 19.34 | 12 Oct 2026 |
| ISIN | INE859C01033 | 12 Oct 2026 |
| Sector | Financials | 12 Oct 2026 |
| Listing status | UNLISTED | 12 Oct 2026 |
Frequently Asked Questions
Why did IKF Finance's unlisted share price drop by 12.0%?
The indicative price adjusted from ₹225.0 to ₹198.0 as of 10 Oct 2026 based on over-the-counter deal matching and desk pricing updates. The company document records no specific corporate action or filing causing the move.
Is IKF Finance Limited currently listed on any stock exchange?
No. IKF Finance was previously listed on the Bombay Stock Exchange and Ahmedabad Stock Exchange but voluntarily delisted in February 2015. Its equity shares trade exclusively in the private unlisted market.
What is the minimum lot size and face value for IKF Finance unlisted shares?
The lot size is 112 shares, and the face value is ₹5.0 per share following a previous stock split from ₹10 face value.
Who are the major shareholders in IKF Finance Limited?
Promoter Vupputuri Gopala Kishan Prasad holds 27.98%, followed by institutional investors including India Business Excellence Fund-IIA (18.39%), Vistra ITCL (11.00%), Accion Digital Transformation Fund (7.87%), Teachers Insurance & Annuity Association (7.87%), and public/other shareholders (26.89%).
Should investors buy or sell IKF Finance unlisted shares following this price drop?
We do not make that call. Our desk provides factual market data and transaction facilitation for educational purposes and does not offer buy, sell, or investment advice. Investors should evaluate financial statements and assess personal risk tolerance before making decisions.
Information only, not investment advice. Unlisted and pre-IPO securities carry liquidity, valuation and listing-timing risk; read the offer document and consult a SEBI-registered investment adviser for advice specific to your situation.
