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

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

Maharashtra has 56 unlisted companies on the desk's books, more than any other state, plus a dozen live IPOs from its issuers — all buyable remotely.

Direct answer: BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — tracks 56 Maharashtra-registered unlisted companies, more than any other state, with dated indicative prices from National Stock Exchange (NSE) at ₹1,785 to Cheelizza Pizza India at ₹16, all buyable remotely and settled demat to demat, as of 21 Sep 2026.

Maharashtra's unlisted companies at a glance

As of 21 Sep 2026, 56 companies registered in Maharashtra are tracked by the desk, spanning Financials, Industrials, Information Technology, Materials and more. Among the larger names by market capitalisation: National Stock Exchange (NSE) (Financials, ₹1,785 per share, lot size 15, minimum investment ₹26,775 market capitalisation ₹4,41,787.50 crore); Capgemini Technology Services India Limited (Information Technology, ₹10,400, lot 5, market capitalisation ₹61,362.46 crore); Anheuser Busch Inbev India (AB InBev) (Consumer Staples, ₹555, lot 50, minimum investment ₹27,750 market capitalisation ₹56,411.96 crore); HDFC Ergo General Insurance Limited (Financials, ₹370, lot 70, market capitalisation ₹26,783.09 crore); SBI General Insurance (Financials, ₹1,150, lot 10, market capitalisation ₹25,689 crore); Parag Parikh Financial Advisory Services Limited (Financials, ₹19,750, lot 5, market capitalisation ₹15,621.80 crore); Reliance General Insurance (Financials, ₹550, lot 20, market capitalisation ₹15,404 crore); HDFC Securities Limited (Financials, ₹7,750, lot 5, market capitalisation ₹13,773.28 crore); Hinduja Leyland Finance Limited (Financials, ₹242, lot 105, market capitalisation ₹13,380.55 crore); and boAt (Imagine Marketing Limited) (Electronics, ₹895, lot 30, minimum investment ₹26,850 market capitalisation ₹11,741.89 crore).

Unlisted companies registered in Maharashtra: indicative prices as of 22 Sep 2026 (dealer references, not exchange quotes)
CompanySectorIndicative priceLotMinimum ticket
Hella Infra Market Private LimitedMaterials₹97,5001₹97,500
Parag Parikh Financial Advisory Services LimitedFinancials₹19,7505₹98,750
Core Energy Systems LimitedIndustrials₹16,8005₹84,000
CTR Manufacturing Industries LimitedIndustrials₹16,1985₹80,990
Capgemini Technology Services India LimitedInformation Technology₹10,4005₹52,000
JSR Dynamics Private LimitedAerospace₹8,9505₹44,750
HDFC Securities LimitedFinancials₹7,7505₹38,750
Otis Elevator (India) LimitedIndustrials₹3,85010₹38,500
Hive HostelsReal Estate₹2,40015₹36,000
National Stock Exchange (NSE)Financials₹1,78515₹26,775
Indofil Industries LimitedChemicals₹1,47520₹29,500
SBI General InsuranceFinancials₹1,15025₹28,750
boAt (Imagine Marketing Limited)Electronics₹89530₹26,850
ASK Investment Managers LimitedFinancials₹77535₹27,125
Ring Plus Aqua Ltd. (JK group)Automotive₹69540₹27,800
Resin & Plastic LimitedChemicals₹67540₹27,000
Anheuser Busch Inbev India (AB InBev)Consumer Staples₹55550₹27,750
Eaton Fluid Power LimitedIndustrials₹55050₹27,500
Empire Spices and Foods LimitedFood & Beverages₹55050₹27,500
Reliance General InsuranceFinancials₹55050₹27,500

This is a curated sample of the largest names, not the full list. All 56 Maharashtra companies, with current price, lot size, minimum ticket and price-to-earnings ratio where available, are on the Buy unlisted shares in Maharashtra: prices and companies page and the Unlisted shares screener filtered to the state. A few names, such as Raft Motors Limited and EAAA India Alternatives Limited, are tracked but their price, lot size and minimum ticket were not stated in the desk's most recent update as of 19 Sep 2026.

Why BuyUnlistedShares for Maharashtra investors

BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — reads every one of these 56 Maharashtra companies against the desk's own dated dealer references, out of 230 unlisted companies tracked across India, rather than pointing an investor to a single city's names. That coverage means an investor anywhere in Maharashtra, from Mumbai to a smaller town, deals with the same desk, the same process and the same dated pricing discipline for every company on the list.

IPO issuers registered in Maharashtra

Twelve IPOs tracked by the desk have issuers registered in Maharashtra, across every stage of the pipeline as of 21 Sep 2026. NSE's own mainboard IPO was open with a price band of ₹1,700 to ₹1,785, closing 21 Sep 2026 and listing 24 Sep 2026; its grey-market premium (GMP) — unofficial and indicative, captured 21 Sep 2026 — was ₹55. SS Retail, a mainboard issue priced at ₹403 to ₹424, had closed on 18 Sep 2026 with a GMP of ₹156, and was due to list 23 Sep 2026. Robokidz Eduventures, an SME issue with a band of ₹100 to ₹106, was open, closing 23 Sep 2026, GMP ₹55. Adroit Industries, a mainboard issue with a band of ₹126 to ₹134, was upcoming, GMP ₹32. Om Galaxy, an SME issue, had already listed on 18 Sep 2026 at ₹90.20 against a band of ₹85 to ₹90, a gain of +0.2%. The full, continuously updated list, including Sai Urja Indo, Unitec Fibres, Core Integra Consulting, Elevate Campuses, Liqvd Digital, Vama Wovenfab and Quanto Agroworld, is on the IPO calendar.

How buying works remotely from anywhere in Maharashtra

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 Maharashtra 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 Maharashtra who want current prices, lot sizes or financials for any of these 56 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.

Frequently Asked Questions

How many unlisted companies does the desk track in Maharashtra?

56, as of 21 Sep 2026, more than any other state on the desk's books, spanning Financials, Industrials, Information Technology, Materials and other sectors.

Can I buy Maharashtra 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 Maharashtra.

Are the prices listed for Maharashtra 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 Maharashtra 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 Maharashtra 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 Maharashtra (2026) | BuyUnlistedShares