Unlisted Shares in Kerala: Companies, Prices and How to Buy (2026)
· 5 min read · Written by the BuyUnlistedShares desk. Information only, not investment advice.
Kerala has seven unlisted companies on the desk's books, led by Cochin International Airport Limited, and two of its IPO issuers have already listed in 2026.
Direct answer: BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — tracks all seven Kerala-registered unlisted companies, including Cochin International Airport Limited (CIAL) and Kannur International Airport Limited, with dated indicative prices, buyable remotely from anywhere in Kerala and settled demat to demat, as of 21 Sep 2026.
Which unlisted companies are registered in Kerala?
As of 21 Sep 2026, seven companies registered in Kerala are tracked by the desk, spanning Financials, Industrials, Consumer Staples, Healthcare and Real Estate. A V Thomas & Co. Limited (Consumer Staples) is quoted at ₹62,500 per share, lot size 5, minimum investment ₹62,500; market capitalisation ₹570 crore, price-to-earnings ratio 11.85. Cochin International Airport Limited (CIAL) (Financials) is quoted at ₹450, lot 60, minimum investment ₹27,000; market capitalisation ₹21,519.83 crore, PE 40.59. Kannur International Airport Limited (Industrials) is quoted at ₹124, lot 205, minimum investment ₹25,420; market capitalisation ₹1,726.52 crore. Lakeshore Hospital (Healthcare) is quoted at ₹98, lot 260, minimum investment ₹25,480; market capitalisation ₹1,150 crore, PE 29.41. Inkel Limited (Real Estate) is quoted at ₹20, lot 1,250, minimum investment ₹25,000; market capitalisation ₹373 crore, PE 15.56. Nilliampathy Tea & Produce Company Limited (Consumer Staples) is quoted at ₹549, lot 50, minimum investment ₹27,450; market capitalisation ₹26.86 crore, PE 3.06. Maxvalue Credits and Investments (Financials) is quoted at ₹4.75, lot 5,265, minimum investment ₹25,008.75; market capitalisation ₹169.82 crore, PE 50.0.
All seven prices were last updated on 21 Sep 2026. The Buy unlisted shares in Kerala: prices and companies page and the Unlisted shares screener filtered to Kerala carry the current figures for each.
Why check BuyUnlistedShares before buying in Kerala?
BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — sets these seven Kerala companies against a base of 230 unlisted companies tracked across India, each with a dated dealer reference price rather than a live exchange quote. For readers researching a specific Kerala-based lender, the desk's separate analysis, How a Kerala NBFC Grew Loans 48% While Halving Bad Loans — FY26 Explained | Unlisted Market Insights, works through one FY26 financial trend in detail.
What IPOs have come from Kerala issuers?
Two IPOs tracked by the desk have issuers registered in Kerala, and both had already listed as of 21 Sep 2026. Veegaland Developers, a mainboard issue with a price band of ₹130 to ₹140, listed on 18 Sep 2026 at ₹154, a gain of +10.0% over the upper band. Silverstorm Parks & Resorts, an SME issue priced at ₹133, listed on 31 Jul 2026 at ₹132.90, a change of -0.1% from its issue price. These are historical outcomes for those two specific issues, not a pattern for any future one. The desk's IPO calendar tracks live and upcoming issues from Kerala and every other state as they open.
How do I buy Kerala unlisted shares from anywhere in the state?
- 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 Kerala, 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.
Does Kerala have a different stamp duty rate?
No. 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 Kerala pays the same rate as a buyer anywhere else in India.
For related reading, see How to Buy CSK and PhonePe Unlisted Shares in India (2026): Price, Lot Size and Where.
Investors anywhere in Kerala who want current prices, lot sizes or financials for any of these seven 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 |
|---|---|---|---|---|
| A V Thomas & Co. Limited | Consumer Staples | ₹12,500 | 5 | ₹62,500 |
| Nilliampathy Tea & Produce Company Limited | Consumer Staples | ₹549 | 50 | ₹27,450 |
| Cochin International Airport Limited (CIAL) | Financials | ₹450 | 60 | ₹27,000 |
| Kannur International Airport Limited | Industrials | ₹124 | 205 | ₹25,420 |
| Lakeshore Hospital | Healthcare | ₹98 | 260 | ₹25,480 |
| Inkel Limited | Real Estate | ₹20 | 1250 | ₹25,000 |
| Maxvalue Credits and Investments | Financials | ₹5 | 5265 | ₹25,009 |
Frequently Asked Questions
How many unlisted companies does the desk track in Kerala?
Seven, as of 21 Sep 2026, spanning Financials, Industrials, Consumer Staples, Healthcare and Real Estate.
Can I buy Kerala 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 Kerala.
Are the prices listed for Kerala 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.
Did both Kerala IPOs in 2026 list at a gain?
No. Veegaland Developers listed above its price band, while Silverstorm Parks & Resorts listed marginally below its issue price. Both are historical outcomes for those specific issues.
Should I buy a specific Kerala 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.
