Berar Finance Limited Unlisted Share Price

Berar Finance Limited logo

Berar Finance Limited unlisted share ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠​​⁠​⁠⁠​⁠⁠⁠⁠⁠⁠⁠​⁠​​​​⁠​⁠​​⁠⁠⁠⁠⁠⁠​​⁠⁠⁠⁠​⁠​​​⁠​​⁠⁠​​⁠⁠⁠​price is ₹485 per share (indicative, as of 17 Oct 2026). Minimum ticket ₹25,000 (lot of 51 shares), the same for every company. Sector: Financials. Status: unlisted, no DRHP on record.

All unlisted share prices: dated indicative prices for every company the desk tracks.

Updated 17 Oct 2026, 22:10 IST. Dated dealer references.

BuyUnlistedShares tracks 230 unlisted companies with dated prices; Berar Finance Limited’s indicative price ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠​​⁠​⁠⁠​⁠⁠⁠⁠⁠⁠⁠​⁠​​​​⁠​⁠​​⁠⁠⁠⁠⁠⁠​​⁠⁠⁠⁠​⁠​​​⁠​​⁠⁠​​⁠⁠⁠​is ₹485 per share as of 17 Oct 2026, a lot of 51 shares.

Key facts

Indicative price
₹485 per share
Price as of
17 Oct 2026
Minimum investment
₹25,000
Lot size
51 shares
Sector
Financials
Listing status
Unlisted
Settlement
Demat to demat; terms agreed in writing for each deal
Last updated
17 Oct 2026, 22:10 IST

Indicative and dated. BuyUnlistedShares deals as principal.

Buying at a glance

Minimum ticket
₹25,000
Price shown
Indicative, dated 17 Oct 2026
Delivery
Shares are credited to your demat account

Enquire

In plain words

Lock-in if it lists
Shares bought before an IPO are generally locked in for six months from the IPO allotment date under SEBI rules. The issue documents set the exact terms.
Demat
Yes. ISIN INE998Y01017: the shares sit in your own demat account and move demat to demat through NSDL or CDSL.
IPO status
Unlisted. No DRHP on record.

Facts only, not a rating or a recommendation.

Compare it against the full unlisted share price list: every company the desk quotes, each with a dated indicative price.

Indicative move: +11.5% over 3 months.

Key figures

Berar Finance Limited key figures, as of 17 Oct 2026
Market cap₹652 Cr
Minimum investment₹25,000
Lot size51
P/E ratio18.53x
ROE9.86%
Book value₹265.4
Face value₹10
52-week high₹525
52-week low₹435
ISININE998Y01017
Dividend yield—

Financials (₹ Cr)

Berar Finance Limited financials, ₹ Cr
MetricFY23FY24FY25
Revenue218252295
PAT17.022.232.3
EPS (₹)13.818.026.2

About the company

Berar Finance Limited is a Nagpur-based non-banking financial company (NBFC) incorporated in 1990 and registered with the Reserve Bank of India as a deposit-taking, systemically important asset finance company.

Prices shown are indicative and dated. Unlisted shares are illiquid and values can move sharply.

Registered in Nagpur, Maharashtra.

Registry

Company facts

Berar Finance Limited company facts
CINU65929MH1990PLC057829
Incorporated1990
ISININE998Y01017
Face value₹10
Registered officeAvinisha Tower, Mehadia Chowk, Dhantoli, Nagpur - 440012
Lot size51 shares
Minimum units25
DRHPNot filed

Financial statements (₹ Cr)

Berar Finance Limited financials by year, ₹ Cr
MetricFY21FY22FY23FY24FY25FY25 vs FY24
Revenue136176218251.81294.96+17.1%
Profit after tax15171722.1832.3+45.6%
EPS (₹)1513.7913.7917.9826.18+45.6%
Operating margin———11.9%14.3%+2.4 pts
Net margin———8.8%10.9%+2.1 pts
Share capital———12.3412.34+0%
Reserves & surplus———283.88315.05+11%
Net worth———296.22327.39+10.5%
Fixed assets———18.6120.88+12.2%
Investments———19.7520.23+2.4%
Trade payables———14.8921.93+47.3%
Cash from operations———−117.06−227.26−94.1%
Cash from investing———−35.21−26.73+24.1%
Cash from financing———99.9263.19+163.5%
Net cash generated———−52.389.2loss to profit

Key ratios and valuation

Berar Finance Limited key ratios at the indicative price of ₹485
MeasureValueBasis
Indicative price₹485dealer reference, 17 Oct 2026
Market cap₹652 Cras recorded
P/E18.53xprice ÷ EPS ₹26.18 (FY25)
P/B1.83xprice ÷ book value ₹265.4
EPS₹26.18per share, FY25
Book value₹265.4per share, latest books
RoE9.86%return on equity, latest FY
Debt / equity3.7latest balance sheet
Dividend yield—
Face value₹10per share
52-week range₹435 – ₹525124 dated quotes, last 12 months
Shares outstanding—not meaningful

Shareholding pattern

Berar Finance Limited shareholding pattern (latest in our records)
CategoryHolder% of equity
InstitutionsAmicus Capital Private Equity I LLP17.25%
InstitutionsMaj Invest Financial Inclusion Fund III K/S16.05%
OthersM/s Avino Capcons Pvt Ltd12.06%
PromotersMr. Maroti Jawanjar (Promoter)8.29%
PromotersMr. Maroti Jawanjar HUF (Promoter)7.04%
PublicOthers / Public39.31%

Promoters 15.33% · Institutions 33.3% · Public 39.31% · Others 12.06%

Management and promoters

Berar Finance Limited management
NameDesignationExperience
M.G. (Maroti) JawanjarExecutive Chairman—
Sandeep JawanjarManaging Director—
R. SrinivasanChief Financial Officer—

News and insights

Corporate actions and events

Berar Finance Limited corporate actions and events
DateTypeDetailRatio / amountSource
UndatedOtherBerar Finance Limited issued a post-offer advertisement concerning the open offer for the company’s shares. (23 Aug 2025)—Desk note

Reports and filings

No filings uploaded yet.

Annual reports

Frequently asked questions

What does Berar Finance Limited do?

Berar Finance Limited is a Nagpur-based non-banking financial company (NBFC) registered with the Reserve Bank of India as a deposit-taking asset finance company. Its lending is centred on vehicle finance, ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠​​⁠​⁠⁠​⁠⁠⁠⁠⁠⁠⁠​⁠​​​​⁠​⁠​​⁠⁠⁠⁠⁠⁠​​⁠⁠⁠⁠​⁠​​​⁠​​⁠⁠​​⁠⁠⁠​particularly two-wheeler loans and refinancing, alongside used-car loans, personal loans, loans against property and MSME financing. It operates mainly across semi-urban and rural markets in several Indian states through a branch network.

Is Berar Finance Limited listed, and how can its unlisted shares be bought?

Berar Finance Limited is currently an unlisted company and its shares do not trade on the NSE or BSE main board. Transfers happen demat-to-demat through NSDL/CDSL depository participants. Availability, lot sizes and indicative prices vary, and these transactions are subject to the applicable rules for unlisted securities. This information is for general awareness only and is not investment advice.

What determines the indicative price of Berar Finance unlisted shares?

Because the shares are not exchange-traded, there is no live market price. Any quoted figure is an indicative price negotiated between buyers and sellers ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠​​⁠​⁠⁠​⁠⁠⁠⁠⁠⁠⁠​⁠​​​​⁠​⁠​​⁠⁠⁠⁠⁠⁠​​⁠⁠⁠⁠​⁠​​​⁠​​⁠⁠​​⁠⁠⁠​in the private market. It can be influenced by the company's reported financial results, growth in assets under management, asset quality, capital-raising activity, regulatory developments, and overall supply and demand for unlisted shares at a given time.

What are the key fundamentals of Berar Finance Limited?

Berar Finance Limited was incorporated in 1990 and is based in Nagpur, Maharashtra. Its CIN is U65929MH1990PLC057829 and its ISIN is INE998Y01017, with an equity face value of ₹10 per share. It is an RBI-registered deposit-taking NBFC whose loan book is dominated by two-wheeler and other ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠​​⁠​⁠⁠​⁠⁠⁠⁠⁠⁠⁠​⁠​​​​⁠​⁠​​⁠⁠⁠⁠⁠⁠​​⁠⁠⁠⁠​⁠​​​⁠​​⁠⁠​​⁠⁠⁠​vehicle finance, with the promoter group led by the Jawanjar family alongside institutional shareholders. Investors should review the company's latest audited financials and disclosures before forming any view.

What is the Berar Finance Limited unlisted share price today?

The indicative over-the-counter reference price is ₹485 per share as of 17 Oct 2026. It is a dated dealer reference, refreshed every working day.

Is Berar Finance Limited listed on a stock exchange?

Not yet. Berar Finance Limited changes hands in the unlisted market, over the counter and settle into your demat account through NSDL and CDSL.

What is the minimum investment in Berar Finance Limited?

The minimum ticket is ₹25,000, the same for every company on the site.

What is the ISIN of Berar Finance Limited?

INE998Y01017. Holdings are settled in demat form through NSDL and CDSL.

How do I buy Berar Finance Limited unlisted shares?

Send an enquiry with the quantity you have in mind. The desk replies with a dated quote, ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠​​⁠​⁠⁠​⁠⁠⁠⁠⁠⁠⁠​⁠​​​​⁠​⁠​​⁠⁠⁠⁠⁠⁠​​⁠⁠⁠⁠​⁠​​​⁠​​⁠⁠​​⁠⁠⁠​the paperwork list and the demat steps, and the shares settle demat to demat into your own account.

Is there a lock-in if Berar Finance Limited lists?

Pre-IPO shareholders other than promoters are generally locked in for six ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠​​⁠​⁠⁠​⁠⁠⁠⁠⁠⁠⁠​⁠​​​​⁠​⁠​​⁠⁠⁠⁠⁠⁠​​⁠⁠⁠⁠​⁠​​​⁠​​⁠⁠​​⁠⁠⁠​months from the date of IPO allotment under SEBI ICDR regulation 17. The final offer document sets the exact terms.

Sources

How to cite this page: BuyUnlistedShares, “Berar Finance Limited unlisted share price”, https://buyunlistedshares.com/unlisted-shares/berar-finance-limited, as of 17 Oct 2026.

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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠⁠​​​⁠​​⁠⁠​⁠​⁠⁠⁠⁠​​⁠​⁠⁠​⁠⁠⁠⁠⁠⁠⁠​⁠​​​​⁠​⁠​​⁠⁠⁠⁠⁠⁠​​⁠⁠⁠⁠​⁠​​​⁠​​⁠⁠​​⁠⁠⁠​desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.

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Berar Finance Unlisted Share Price ₹485 (17 Oct 2026)