Unlisted Shares in Gujarat: Companies, Prices and How to Buy (2026)

· 6 min read · Written by the BuyUnlistedShares desk. Information only, not investment advice.

Gujarat has 23 unlisted companies on the desk's books, led by Nayara Energy, plus eleven live and recent IPOs from the state, all buyable remotely.

Direct answer: BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — tracks 23 Gujarat-registered unlisted companies, led by Nayara Energy (Formerly Essar Oil) Limited, with dated indicative prices, all buyable remotely from anywhere in the state and settled demat to demat, as of 21 Sep 2026.

How buying works remotely from anywhere in Gujarat

Working hours for queries are Monday to Saturday, 8:30am to 6pm IST, with a reply within a working day.

Unlisted companies registered in Gujarat

As of 21 Sep 2026, 23 companies registered in Gujarat are tracked by the desk, spanning Energy, Industrials, Financials, Materials and more. Among the larger names by market capitalisation: Nayara Energy (Formerly Essar Oil) Limited (Energy, ₹1,075 per share, lot size 25, minimum investment ₹26,875 market capitalisation ₹1,67,539 crore); Inox Clean Energy Limited (Energy, ₹795, lot 15, market capitalisation ₹74,150.50 crore); OfBusiness (OFB) Tech Private Limited (Financials, ₹415, lot 25, market capitalisation ₹44,219.49 crore); Oravel Stays (OYO Rooms) (Hospitality, ₹24, lot 1,045, market capitalisation ₹35,033 crore); GFCL EV Products Limited (Materials, ₹42, lot 600, market capitalisation ₹30,785.88 crore); Inox Renewable Solutions Limited (Energy, ₹575, lot 45, market capitalisation ₹9,312 crore); Sun Drops Energia Private Limited (Energy, ₹298, lot 85, market capitalisation ₹2,948.87 crore); Veeda Clinical Research Limited (Healthcare, ₹428, lot 25, market capitalisation ₹2,815 crore); Fincare Business Finance (Financials, ₹114, lot 220, market capitalisation ₹2,805 crore); and Kevadiya Constructure Limited (KCL) (Industrials, ₹4,900, lot 5, market capitalisation ₹692.54 crore).

This is a sample of the larger names, not the full list. All 23 Gujarat companies, with current price, lot size and minimum ticket where available, are on the Buy unlisted shares in Gujarat: prices and companies page and the Unlisted shares screener filtered to the state. IGREL Renewables Limited, Soleos Energy Private Limited and Vyara Tiles Limited are tracked, but their price, lot size and minimum ticket were not stated in the desk's most recent update.

IPO issuers registered in Gujarat

Eleven IPOs tracked by the desk have issuers registered in Gujarat, across every stage of the pipeline as of 21 Sep 2026. Open issues included Vivekanand Cotspin (SME, band ₹32 to ₹37, closing 23 Sep 2026), FX Multitech (SME, band ₹110 to ₹116, closing 23 Sep 2026), Axiom Gas Engineering (SME, band ₹51 to ₹54, closing 22 Sep 2026) and Kheria Autocomp (SME, band ₹96 to ₹101, closing 21 Sep 2026, grey-market premium (GMP) — unofficial and indicative, captured 21 Sep 2026 — of ₹3). Upcoming issues included Varmora Granito (mainboard, band ₹140 to ₹148, GMP ₹9) and ArMee Infotech (mainboard, band ₹350 to ₹375, GMP ₹1). Four Gujarat issues had already listed by 17 Sep 2026: Vinod Texworld and Infrax Renewable both listed flat at their issue price, Steamhouse listed at ₹94.50 against a band of ₹77 to ₹81, a gain of +16.7%, and LCC Projects listed at ₹189 against a band of ₹139 to ₹146, a gain of +29.5%. This is BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — reading the full IPO pipeline for one state in one place. The complete, continuously updated list, including Roopa Screen and Anand Seamless, is on the IPO calendar.

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 Gujarat 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.

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 Gujarat who want current prices, lot sizes or financials for any of these 23 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.

Unlisted companies registered in Gujarat: indicative prices as of 22 Sep 2026 (dealer references, not exchange quotes)
CompanySectorIndicative priceLotMinimum ticket
Kevadiya Constructure Limited (KCL)Industrials₹4,90010₹49,000
Adiance TechnologiesSurveillance₹2,25015₹33,750
Nayara Energy (Formerly Essar Oil) LimitedEnergy₹1,07525₹26,875
Amol Minechem LimitedMaterials₹90030₹27,000
Inox Clean Energy LimitedEnergy₹79535₹27,825
Inox Renewable Solutions LimitedEnergy₹57545₹25,875
Veeda Clinical Research LimitedHealthcare₹42860₹25,680
OfBusiness (OFB) Tech Private LimitedFinancials₹41565₹26,975
Sun Drops Energia Private LimitedEnergy₹29885₹25,330
Eiffil Water Infra Private LimitedIndustrials₹26895₹25,460
Amrut Dredging And Shipping LimitedIndustrials₹232110₹25,520
Jainam Broking LimitedFinancials₹218115₹25,070
Insolare EnergyEnergy₹172150₹25,800
Fincare Business FinanceFinancials₹114220₹25,080
E Trav Tech LimitedInformation Technology₹102250₹25,500
Onix Renewable LimitedEnergy₹47535₹25,145
GFCL EV Products LimitedMaterials₹42600₹25,200
Oravel Stays (OYO Rooms)Hospitality₹241045₹25,080
Fusion Techstack Limited (Formerly known as Indian Commodity Exchange Limited)Financials₹55055₹25,022
Matrix Gas And RenewablesEnergy₹45560₹25,020

Frequently Asked Questions

How many unlisted companies does the desk track in Gujarat?

23, as of 21 Sep 2026, spanning Energy, Industrials, Financials, Materials and other sectors.

Can I buy Gujarat 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 Gujarat.

Are the prices listed for Gujarat 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.

Does a GMP figure on a Gujarat IPO tell me where it will list?

No. Grey-market premium (GMP) is unofficial and indicative, captured on a specific date, and is not a forecast of any listing outcome.

Should I buy a specific Gujarat 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.

About the desk. BuyUnlistedShares is India's premium unlisted shares desk: the unlisted and pre-IPO dealing desk of Gayatri Financial Synergy, Faridabad, in the market since 2002. Every note is reviewed before it is published. Information only, not investment advice.

Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk: the unlisted and pre-IPO dealing desk of Gayatri Financial Synergy, Faridabad, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.

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Unlisted Shares in Gujarat (2026) | BuyUnlistedShares