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UNLISTED COMPANY PROFILE

BERAR FINANCE LIMITED

FINANCIALS LINE
INDICATIVE PRICE / SHARE
₹525
▲ +18.0% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 02 SEPT 2026
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INDICATIVE PRICE HISTORY · DATED OBSERVATIONS SINCE 2026

PRICE HISTORY.

Use the left and right arrow keys to inspect dated observations. Home selects the first observation and End selects the latest.

₹525
₹435
11 Jun 2614 Aug 2602 Sept 26

ALL-TIME LOW
₹435
ALL-TIME HIGH
₹525
WINDOW
ALL
NOT A STOCK-EXCHANGE QUOTE · NOT AN OFFER TO DEAL
THE TIMETABLE · KEY NUMBERS

Key numbers

Published fundamentals and the date each figure was recorded.

CALCULATION METHOD →
Market cap
₹652 Cr
Latest available company data
Min. investment
₹10,500
Indicative price × lot size
Lot size
20
P/E ratio
20.05
P/B ratio
1.98
EPS
26.18
ROE
9.86%
Book value
₹265.4
Face value
₹10
Debt / equity
3.7
ISIN
INE998Y01017
Company security identifier

About this 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. 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.

COMPANY AT A GLANCE
Sector lineFinancials
SettlementNSDL / CDSL
Incorporated1990
Listing statusUnlisted / Pre-IPO
*INDICATIVE · TIMELINE MAY CHANGE · NOTHING FINAL UNTIL THE RHP

COMPANY REGISTRY · ON FILE

PUBLIC OR ADMIN-SUPPLIED DATA · VERIFY INDEPENDENTLY
CIN
U65929MH1990PLC057829
PAN
AAACB5861B
Incorporated
1990
Outstanding shares
12,336,800 (FY25 audited equity capital; ~1.23 crore shares). Note: company's listing pages cite up to 14,998,780 shares reflecting later capital expansion.
Registered office
Avinisha Tower, Mehadia Chowk, Dhantoli, Nagpur - 440012
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THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY21FY22FY23FY24FY25
REVENUE13,60017,60021,80025,18129,496
PAT1,5001,7001,7002,2183,230
EPS (₹)1514141826
PAT MARGIN11%10%8%9%11%
CAUTION · AMOUNT UNIT AND FIELD-LEVEL SOURCES HAVE NOT BEEN VERIFIED · DO NOT RELY ON THESE FIGURES WITHOUT CHECKING THE COMPANY FILING

THE CREW · BOARD & MANAGEMENT

M.G. (Maroti) Jawanjar
Executive Chairman
Sandeep Jawanjar
Managing Director
R. Srinivasan
Chief Financial Officer
COMPANY TIMELINE · EVENTS
Berar Finance Limited issued a post-offer advertisement concerning the open offer for the company’s shares. (23 Aug 2025)
READ THE NOTICE →
THE GLOVEBOX · ANNUAL REPORTS
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NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is Berar Finance Limited listed on the stock exchange?+

No. As of 2 September 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.

What is the Berar Finance Limited unlisted share price?+

As of 2 September 2026, the indicative unlisted share price of Berar Finance Limited is ₹525 per share. This is an over-the-counter reference price, not a stock-exchange quote.

What indicative minimum amount is displayed for Berar Finance Limited unlisted shares?+

The displayed unit count is 20 share(s); at the indicative price of about ₹525, the displayed amount is approximately ₹10,500. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of Berar Finance Limited?+

The recorded ISIN of Berar Finance Limited is INE998Y01017. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.

Is trading in Berar Finance Limited unlisted shares legal in India?+

Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.

Is there a lock-in period for unlisted shares?+

A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.

Do you guarantee returns?+

No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.

SIMILAR COMPANY PROFILES
FINANCIALS LINE.
Prices shown are indicative over-the-counter reference prices, not an offer to deal. This page is information only and not investment advice. Unlisted shares carry higher risk and lower liquidity than listed shares. Settlement to your own demat account via NSDL / CDSL through registered intermediaries.
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