Electrosteel Steels Limited Unlisted Share Price
As of , the indicative unlisted share price of Electrosteel Steels Limited is ₹38 per share. This is an over-the-counter reference price, not a stock-exchange quote.
As of , Electrosteel Steels 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 | ₹38 |
|---|---|
| Market cap | ₹7,211 Cr |
| Min. investment | ₹10,070 |
| Lot size | 265 |
| P/B ratio | 1.67 |
| ROE | -6.14% |
What is Electrosteel Steels Limited?
Electrosteel Steels Limited is an unlisted Materials company whose shares trade in India's over-the-counter (pre-IPO) market and settle in demat form (NSDL/CDSL).
Electrosteel Steels Limited, now operating under the name ESL Steel Limited, is an integrated steel producer headquartered at its plant complex in the Siyaljori area of Bokaro district, Jharkhand. Incorporated in 2006, the company built a greenfield integrated steel facility and today runs operations with an installed capacity of roughly 2.5 million tonnes per annum. Its product slate spans the long-products value chain, including pig iron, billets, TMT reinforcement bars, wire rods and ductile iron pipes, supplying construction, infrastructure and industrial customers across India. The company's defining corporate event was its acquisition by Vedanta Limited in 2018 through the Corporate Insolvency Resolution Process under India's Insolvency and Bankruptcy Code. Vedanta gained management control and majority ownership, and the company was subsequently removed from the stock exchanges, transitioning into the unlisted market while continuing as a Vedanta group steel asset. It has since been rebranded as ESL Steel Limited. As part of a large, diversified natural-resources conglomerate, ESL benefits from group-level access to raw materials, capital and operational expertise, while its registrar and transfer functions are handled through KFin Technologies, with shares held in dematerialised form via NSDL and CDSL. In the unlisted-shares market, Electrosteel Steels draws attention primarily because of its association with the Vedanta group and the recurring corporate-action narrative around it. Vedanta has, at various points, indicated intentions involving its steel portfolio, and market participants track the company partly for visibility into how that vertical evolves. Its scale as a multi-million-tonne integrated plant, its presence in eastern India's steel belt close to raw-material sources, and its identity as a formerly listed entity now trading off-exchange all contribute to investor curiosity. As an unlisted security, its shares are traded over the counter at indicative prices that reflect negotiated transactions rather than a continuous exchange order book.
Explore more unlisted shares
Other companies in our curated selection.
Frequently asked questions
No. As of 16 July 2026, Electrosteel Steels 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 265 share(s); at the indicative price of about ₹38, that is approximately ₹10,070. Indicative reference, not a quote.
As of 16 July 2026, the indicative unlisted share price of Electrosteel Steels Limited is ₹38 per share. This is an over-the-counter reference price, not a stock-exchange quote.
Electrosteel Steels Limited, now known as ESL Steel Limited, is an integrated steel manufacturer operating a roughly 2.5 million tonne per annum plant in Bokaro district, Jharkhand. It produces pig iron, billets, TMT bars, wire rods and ductile iron pipes for construction, infrastructure and industrial use, and is part of the Vedanta group.
The company was previously listed but was removed from the stock exchanges following its 2018 acquisition by Vedanta through the insolvency resolution process, and it now trades in the unlisted market. Unlisted shares are typically transacted over the counter through intermediaries that deal in such securities, with shares transferred in dematerialised form into a buyer's demat account after the parties agree on terms.
The indicative price reflects negotiated buy and sell interest in the off-exchange market rather than a live exchange quote. It is influenced by factors such as company fundamentals, steel-sector conditions, developments within the Vedanta group, overall demand and supply for the shares, and broader market sentiment. Because it is not exchange-traded, the price is indicative and can vary between sources and transactions.
The company carries the CIN U27310JH2006PLC012663 and ISIN INE481K01021, with a face value of ₹10 per share and incorporation in 2006. Its registered office is at Siyaljori, Bokaro district, Jharkhand. It operates as a Vedanta-group integrated steel producer, with registrar functions handled by KFin Technologies and shares held via NSDL and CDSL.
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.
Electrosteel Steels Limited vs similar unlisted Materials shares
Indicative over-the-counter prices, as of 16 July 2026. Information only — not a recommendation or ranking.