Cochin International Airport Limited (CIAL) Unlisted Share Price
Cochin International Airport Limited (CIAL) unlisted share price is ₹455 per share (indicative, as of 17 Oct 2026). Minimum ticket ₹25,000 (lot of 56 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; Cochin International Airport Limited (CIAL)’s indicative price is ₹455 per share as of 17 Oct 2026, a lot of 56 shares.
Key facts
- Indicative price
- ₹455 per share
- Price as of
- 17 Oct 2026
- Minimum investment
- ₹25,000
- Lot size
- 56 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
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 INE02KH01019: 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: -1.1% over 3 months · -2.2% over 1 year.
Key figures
| Market cap | ₹21,759 Cr |
|---|---|
| Minimum investment | ₹25,000 |
| Lot size | 56 |
| P/E ratio | 41.29x |
| ROE | 19.36% |
| Book value | ₹55.94 |
| Face value | ₹10 |
| 52-week high | ₹468 |
| 52-week low | ₹438 |
| ISIN | INE02KH01019 |
| Dividend yield | — |
Financials (₹ Cr)
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 940 | 1,158 | 1,310 |
| PAT | 292 | 448 | 516 |
| EPS (₹) | 7.63 | 9.37 | 10.8 |
About the company
Cochin International Airport Limited (CIAL) is an infrastructure company that owns and operates the Cochin International Airport in Kerala. Established in 1994, it is India’s first airport developed under a public-private partnership (PPP) model, funded partly by NRIs.
Prices shown are indicative and dated. Unlisted shares are illiquid and values can move sharply.
Registry
- ISIN: INE02KH01019
- Depository: NSDL & CDSL
- Listed at: Unlisted
- Price as of: 17 Oct 2026
Company facts
| CIN | U63033KL1994PLC007803 |
|---|---|
| Incorporated | 1994 |
| ISIN | INE02KH01019 |
| Face value | ₹10 |
| Depository | NSDL & CDSL |
| Registered office | Room No. 35, 4th Floor, GCDA Commercial Complex, Marine Drive, Cochin 682031, Kerala, India |
| Website | cial.aero |
| Shares outstanding | 47,82,18,436 |
| Lot size | 56 shares |
| Minimum units | 25 |
| DRHP | Not filed |
Financial statements (₹ Cr)
| Metric | FY23 | FY24 | FY25 | FY26 | FY26 vs FY25 |
|---|---|---|---|---|---|
| Revenue | 940 | 1,158 | 1,310 | 1,401.5 | +7% |
| EBITDA | 563 | 722 | 789 | 816 | +3.4% |
| EBIT | 421 | 574 | 644 | — | — |
| Finance cost | 45 | 51 | 42 | — | — |
| Profit before tax | 391 | 599 | 693 | 710 | +2.5% |
| Tax | 99 | 151 | 177 | — | — |
| Profit after tax | 292 | 448 | 516 | 527 | +2.1% |
| EPS (₹) | 7.63 | 9.37 | 10.79 | 11.02 | +2.1% |
| Operating margin | 59.9% | 62.4% | 60.2% | — | — |
| Net margin | 31.1% | 38.7% | 39.4% | — | — |
| Share capital | 382.5 | 478.21 | 478.21 | — | — |
| Reserves & surplus | 1,733 | 1,889 | 2,187 | — | — |
| Net worth | 2,115.5 | 2,367.21 | 2,665.21 | — | — |
| Total debt (borrowings) | 674 | 585 | 465 | — | — |
| Fixed assets | 2,075 | 2,076 | 2,221 | — | — |
| Capital work in progress | 113 | 181 | 174 | — | — |
| Investments | 196 | 11 | 32 | — | — |
| Inventory | 55 | 46 | 66 | — | — |
| Trade receivables | 100 | 116 | 108 | — | — |
| Trade payables | 58 | 44 | 55 | — | — |
| Cash from operations | 645 | 592 | 649 | — | — |
| Cash from investing | 80 | 229 | −234 | — | — |
| Cash from financing | −94 | −394 | −368 | — | — |
| Net cash generated | 631 | 427 | 47 | — | — |
| Cash at year end | 602 | 462 | 82 | — | — |
| Dividend paid | −0.5 | −165 | −209.7 | — | — |
Key ratios and valuation
| Measure | Value | Basis |
|---|---|---|
| Indicative price | ₹455 | dealer reference, 17 Oct 2026 |
| Market cap | ₹21,759 Cr | price × 47,82,18,436 shares |
| P/E | 41.29x | price ÷ EPS ₹11.02 (FY26) |
| P/B | 8.13x | price ÷ book value ₹55.94 |
| EPS | ₹11.02 | per share, FY26 |
| Book value | ₹55.94 | per share, latest books |
| RoE | 19.36% | return on equity, latest FY |
| Debt / equity | 0.17 | latest balance sheet |
| Dividend yield | — | |
| Face value | ₹10 | per share |
| 52-week range | ₹438 – ₹468 | 317 dated quotes, last 12 months |
| Shares outstanding | 47,82,18,436 | per company record |
Shareholding pattern
| Category | Holder | % of equity |
|---|---|---|
| Others | His Excellency The Governor Of Kerala | 33.38% |
| Others | Mr. Yusuffali MA | 12.11% |
| Others | Mr. N V George | 5.93% |
| Others | Others | 48.58% |
Others 100%
Management and promoters
| Name | Designation | Experience |
|---|---|---|
| Shri Pinarayan Vijay | Chairman | 40 YRS |
| Shri Saji Daniel | CFO | 31 YRS |
| S. Suhas | MD | 5 YRS |
Business model
Cochin International Airport Limited operates an airport and allied-operations business. Its FY2024-25 audited standalone accounts state that it constructs, develops, sets up, commissions, operates, manages and maintains an international-standard airport for domestic and international flight operations, together with incidental and ancillary activities. The accounts identify Nedumbassery, Kochi as the principal place of business and state that airport operations are regulated by the Airport Economic Regulatory Authority of India.
Revenue from operations is classified into aeronautical and non-aeronautical income. The report describes aeronautical income as airport-operation income including passenger-service, user-development, landing, parking, CUTE, inline X-ray screening and cargo charges. Non-aeronautical income includes duty-free royalties, rent and services, security-training fees, public-admission fees, trade-fair-centre income and golf-course-related income. Tariffs for specified airport operations are regulated under the AERA framework.
News and insights
- Cochin International Airport (CIAL) Unlisted Share Price, Financials & Dividend Explainer (1 Jul 2026)
Listed peers
| Listed peer | Ticker | Why a peer |
|---|---|---|
| GMR Airports | NSE: GMRAIRPORT | The only listed Indian airport operator — a single-peer comparison, stated as such |
Exchange prices and ratios for these peers are not connected to this page yet.
Corporate actions and events
| Date | Type | Detail | Ratio / amount | Source |
|---|---|---|---|---|
| Feb 2026 | Funding | Duty-free allowance at Cochin Airport T3 raised to Rs 75,000 per passport — Effective 2 February 2026, the per-passenger duty-free shopping limit at Cochin International Airport's Terminal 3 was raised to Rs 75,000 per passport, covering liquor, perfumes, cosmetics, electronics, chocolates and… | — | Desk note |
| Jan 2026 | Funding | Extended cargo warehouse inaugurated, capacity raised to 125,000 tonnes/year — On 1 January 2026, CIAL inaugurated an extended cargo warehouse on the airport premises, raising annual goods-handling capacity from 75,000 tonnes to 125,000 tonnes per year. | — | Desk note |
| Mar 2025 | Other | BPCL-CIAL green hydrogen plant and hydrogen-powered bus launched in Kochi — On 19 March 2025, BPCL and CIAL introduced a hydrogen-powered bus in Kochi, tied to a roughly Rs 25 crore green hydrogen production and refuelling facility near the airport at Nedumbassery, described as among the first… | — | Desk note |
| 2025 | Other | CIAL recognised at ACI Green Airports Recognition 2025 awards — Airports Council International (ACI) recognised CIAL at its Green Airports Recognition 2025 awards for the airport's terrain-based solar initiative at Payyannur, Kannur. | — | Desk note |
| Undated | Dividend | Record FY2024-25 results: revenue Rs 1,142 cr, net profit Rs 490 cr; 50% dividend (Sep-Oct 2025) — CIAL reported its highest-ever revenue of Rs 1,142 crore and net profit of Rs 489.84 crore for FY2024-25, handling over 10 million passengers (1.12 crore) for the third consecutive year. | — | Desk note |
Reports and filings
No filings uploaded yet.
Annual reports
- Cochin International Airport Limited (CIAL) annual report 2025 (PDF)
- Cochin International Airport Limited (CIAL) annual report 2024 (PDF)
- Cochin International Airport Limited (CIAL) annual report 2023 (PDF)
- Cochin International Airport Limited (CIAL) annual report 2022 (PDF)
Frequently asked questions
Is unlisted shares regulated by SEBI?
No, SEBI does not regulate the unlisted share market but certain rules and regulations of SEBI are applicable in the unlisted market space as well, such as, the DP charges for each transaction, stamp duty, lock-in period and more.
What is the minimum ticket size for investment in Cochin International Airport Limited unlisted shares?
The minimum ticket is ₹25,000, the same for every company on the site.
What is the Cochin International Airport Limited (CIAL) unlisted share price today?
The indicative over-the-counter reference price is ₹455 per share as of 17 Oct 2026. It is a dated dealer reference, refreshed every working day.
Is Cochin International Airport Limited (CIAL) listed on a stock exchange?
Not yet. Cochin International Airport Limited (CIAL) 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 Cochin International Airport Limited (CIAL)?
The minimum ticket is ₹25,000, the same for every company on the site.
What is the ISIN of Cochin International Airport Limited (CIAL)?
INE02KH01019. Holdings are settled in demat form through NSDL and CDSL.
How do I buy Cochin International Airport Limited (CIAL) 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 Cochin International Airport Limited (CIAL) 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
- Cochin International Airport Limited (CIAL) annual report 2025 · FY 2025 · buyunlistedshares.com
- Cochin International Airport Limited (CIAL) annual report 2024 · FY 2024 · buyunlistedshares.com
- Cochin International Airport Limited (CIAL) annual report 2023 · FY 2023 · buyunlistedshares.com
- Cochin International Airport Limited (CIAL) annual report 2022 · FY 2022 · buyunlistedshares.com
- Cochin International Airport Limited (CIAL) company website · cial.aero
- BuyUnlistedShares indicative price series for Cochin International Airport Limited (CIAL), dated daily · since 12 Sep 2025 (343 dated quotes) · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Cochin International Airport Limited (CIAL) unlisted share price”, https://buyunlistedshares.com/unlisted-shares/cial, 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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