Berar Finance Limited Unlisted Share Price
As of , the indicative unlisted share price of Berar Finance Limited is ₹435 per share. This is an over-the-counter reference price, not a stock-exchange quote.
As of , Berar Finance Limited is not listed on any Indian stock exchange (NSE or BSE) — its shares trade in the unlisted, over-the-counter (pre-IPO) market.
| Price / unit | ₹435 |
|---|---|
| Market cap | ₹652 Cr |
| Min. investment | ₹10,875 |
| Lot size | 25 |
| P/E ratio | 18.13 |
| P/B ratio | 1.28 |
What is Berar Finance Limited?
Berar Finance Limited is an unlisted Financials company whose shares trade in India's over-the-counter (pre-IPO) market and settle in demat form (NSDL/CDSL).
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. The company has built its franchise around retail lending in semi-urban and rural India, where access to formal credit is often limited and where it has developed deep local underwriting and collection capabilities over more than three decades of operations. The core of Berar Finance's loan book is vehicle financing, with two-wheeler loans and refinancing accounting for the large majority of its assets under management. Around this anchor segment, the company also extends used-car loans, personal loans, loans against property, and financing to micro, small and medium enterprises (MSMEs). Its distribution runs through a branch network spread across several states, including Maharashtra, Madhya Pradesh, Chhattisgarh, Telangana, Gujarat, Karnataka and Odisha, allowing it to serve borrowers in markets that larger lenders often underserve. The promoter group is led by the Jawanjar family, with M.G. Jawanjar as executive chairman and Sandeep Jawanjar in a managing role, supported by a professional senior management team. Over the years the company has also brought institutional capital onto its cap table, with private equity and financial-inclusion-focused funds among its larger shareholders, a structure that has supported its growth in assets and revenue. In the unlisted market, Berar Finance draws interest because it combines a long operating history, an RBI deposit-taking licence, and exposure to the high-volume two-wheeler and small-ticket lending theme that tracks rural and semi-urban consumption. Investors and observers tracking pre-IPO NBFCs often follow it as a focused, regionally rooted lender with a clearly defined niche. Its shares are not traded on the NSE or BSE main board and are quoted only on private unlisted-share platforms, where prices are indicative, negotiated between buyers and sellers, and can move with the company's financial results, asset quality, regulatory developments and overall demand for unlisted paper.
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Frequently asked questions
No. As of 16 July 2026, Berar Finance Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.
The minimum lot is 25 share(s); at the indicative price of about ₹435, that is approximately ₹10,875. Indicative reference, not a quote.
As of 16 July 2026, the indicative unlisted share price of Berar Finance Limited is ₹435 per share. This is an over-the-counter reference price, not a stock-exchange quote.
The ISIN of Berar Finance Limited is INE998Y01017. An ISIN is the unique 12-character code that identifies a company's shares in the depository system; this one is verified against NSDL (the National Numbering Agency). You need it to hold or transfer these unlisted shares in your NSDL or CDSL demat account.
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.
Berar Finance Limited is currently an unlisted company and its shares do not trade on the NSE or BSE main board. Unlisted shares are typically transferred privately through registered intermediaries and dealers, after KYC, with the shares credited to the buyer's demat account against payment. 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.
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.
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.
They can. If the company declares a dividend, unlisted shareholders are eligible like any other shareholder. Many unlisted firms reinvest profits, so dividends are not guaranteed.
After listing, unlisted shares convert into regular listed shares in your demat account and can be traded on the exchange, usually once any applicable SEBI lock-in period ends.
Unlisted shares are less liquid than listed shares. You can sell when a buyer is available through an off-market transfer; there is no continuous exchange market, so exits can take longer.
Unlisted shares carry higher risk and lower liquidity than listed shares, with fewer disclosures and no live market price. This is general information, not investment advice — assess suitability before investing.
An unlisted share price is an indicative, over-the-counter reference set by demand and supply in private deals between buyers and sellers. There is no live exchange quote, so prices can vary across dealers and over time.
Yes. Unlisted shares are delivered in dematerialised form, so you need an active demat account (NSDL or CDSL). No special account type is required — a regular demat account works.
Unlisted shares are sold through an off-market transfer to a buyer via a registered intermediary, settling from your demat account with a contract note. Liquidity depends on buyer availability, so exits can take longer than listed shares.
Berar Finance Limited vs similar unlisted Financials shares
Indicative over-the-counter prices, as of 16 July 2026. Information only — not a recommendation or ranking.