Unlisted Shares in Chhattisgarh: Companies, Prices and How to Buy (2026)
· 5 min read · Written by the BuyUnlistedShares desk. Information only, not investment advice.
Chhattisgarh has two unlisted companies on the desk's books, Hira Ferro Alloys and Madhur Iron and Steel, both buyable remotely from anywhere in the state.
Direct answer: BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — tracks both Chhattisgarh-registered unlisted companies, Hira Ferro Alloys Ltd. (HFAL) and Madhur Iron and Steel (India), with dated indicative prices, buyable remotely from anywhere in Chhattisgarh and settled demat to demat, as of 21 Sep 2026.
Unlisted companies registered in Chhattisgarh
As of 21 Sep 2026, two companies registered in Chhattisgarh are tracked by the desk, both in metals-related sectors. Hira Ferro Alloys Ltd. (HFAL) (ISIN INE573I01011, Metals & Mining) is quoted at ₹168 per share, lot size 150, minimum investment ₹25,200; market capitalisation ₹369.86 crore, price-to-earnings ratio 19.69. Madhur Iron and Steel (India) (ISIN INE0TO301014, Materials) is quoted at ₹146 per share, lot size 175, minimum investment ₹25,550; market capitalisation ₹351 crore, PE 19.0. The desk's records also show that Madhur Iron and Steel (India) has filed a draft red herring prospectus (DRHP), as of 21 Sep 2026.
Both prices were last updated on 21 Sep 2026. The Buy unlisted shares in Chhattisgarh: prices and companies page and the Unlisted shares screener filtered to Chhattisgarh carry the current figures for each.
Why BuyUnlistedShares for Chhattisgarh investors
BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — sets these two Chhattisgarh companies against a base of 230 unlisted companies tracked across India, each with a dated dealer reference price rather than a live exchange quote. An investor anywhere in Chhattisgarh deals with the same desk, the same process and the same pricing discipline as an investor buying a company registered in any other state, whether the interest is a ferro-alloys producer such as Hira Ferro Alloys or a steel name such as Madhur Iron and Steel.
IPO issuers registered in Chhattisgarh
The desk's records do not currently show any IPO issuer with a registered office in Chhattisgarh among the mainboard or SME issues it is tracking, separate from Madhur Iron and Steel's DRHP filing noted above, which has not yet converted into a live IPO in the desk's records. Investors in Chhattisgarh can track any live or upcoming IPO from across India, regardless of the issuer's registered state, on the desk's IPO calendar.
How buying works remotely from anywhere in Chhattisgarh
- KYC is done using the buyer's own Client Master List (CML) from their broker, PAN and a cancelled cheque — no branch visit is needed.
- Shares transfer demat to demat through NSDL or CDSL, landing directly in the buyer's own demat account.
- The buyer pays the desk, and the desk delivers the shares demat to demat once payment and KYC are complete.
- The process is identical wherever the buyer is in Chhattisgarh, since it runs over WhatsApp, email and phone rather than through a local office.
Working hours for queries are Monday to Saturday, 8:30am to 6pm IST, with a reply within a working day.
Stamp duty and settlement
Stamp duty on demat transfers of shares has been uniform across India at 0.015% of consideration since 1 July 2020, collected by the depository at the time of transfer. A buyer in Chhattisgarh pays the same rate as a buyer anywhere else in India; there is no separate state schedule to work out for an unlisted-share transfer, whether the purchase is Hira Ferro Alloys, Madhur Iron and Steel or any other company on the desk's list.
For related reading, see How to Buy CSK and PhonePe Unlisted Shares in India (2026): Price, Lot Size and Where and Best App or Website for Unlisted Shares in India (2026): Desk vs Marketplace Compared.
Investors anywhere in Chhattisgarh who want current prices, lot sizes or financials for either of these two companies can reach BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — through enquire, and the desk replies within a working day.
| Company | Sector | Indicative price | Lot | Minimum ticket |
|---|---|---|---|---|
| Hira Ferro Alloys Ltd. (HFAL) | Metals & Mining | ₹168 | 150 | ₹25,200 |
| Madhur Iron and Steel (India) | Materials | ₹146 | 175 | ₹25,550 |
Frequently Asked Questions
How many unlisted companies does the desk track in Chhattisgarh?
Two, as of 21 Sep 2026: Hira Ferro Alloys Ltd. (HFAL) and Madhur Iron and Steel (India).
Can I buy Chhattisgarh unlisted shares without visiting an office?
Yes. The desk's process is fully remote — KYC by CML, PAN and a cancelled cheque, followed by demat-to-demat delivery — from any city in Chhattisgarh.
Has any Chhattisgarh company filed for an IPO?
Madhur Iron and Steel (India) has filed a draft red herring prospectus (DRHP), as of 21 Sep 2026, but this has not yet converted into a live IPO in the desk's records.
Are the prices listed for Chhattisgarh companies live exchange quotes?
No. Prices are dated, indicative dealer references from the desk, not live exchange quotes, and each one carries the date it was last updated.
Should I buy a specific Chhattisgarh unlisted company?
The desk does not make that call. This article and the desk's pages present dated, indicative figures for information only, not a recommendation to buy, sell or hold any specific company.
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.
