Garuda Aerospace Limited Unlisted Share Price
Garuda Aerospace Limited unlisted share price is ₹432 per share (indicative, as of 19 Oct 2026). Minimum ticket ₹25,000 (lot of 58 shares), the same for every company. Sector: IT & Industrials. Status: unlisted, no DRHP on record.
All unlisted share prices: dated indicative prices for every company the desk tracks.
Updated 19 Oct 2026, 16:10 IST. Dated dealer references.
BuyUnlistedShares tracks 230 unlisted companies with dated prices; Garuda Aerospace Limited’s indicative price is ₹432 per share as of 19 Oct 2026, a lot of 58 shares.
Key facts
- Indicative price
- ₹432 per share
- Price as of
- 19 Oct 2026
- Minimum investment
- ₹25,000
- Lot size
- 58 shares
- Sector
- IT & Industrials
- Listing status
- Unlisted
- Settlement
- Demat to demat; terms agreed in writing for each deal
- Last updated
- 19 Oct 2026, 16:10 IST
Indicative and dated. BuyUnlistedShares deals as principal.
Buying at a glance
- Minimum ticket
- ₹25,000
- Price shown
- Indicative, dated 19 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 INE0REL01021: 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: +1.6% over 3 months.
Key figures
| Market cap | ₹2,289.34 Cr |
|---|---|
| Minimum investment | ₹25,000 |
| Lot size | 58 |
| P/E ratio | 80.15x |
| ROE | 12.84% |
| Book value | ₹33.61 |
| Face value | ₹2 |
| 52-week high | ₹495 |
| 52-week low | ₹425 |
| ISIN | INE0REL01021 |
| Dividend yield | — |
Financials (₹ Cr)
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 47.0 | 110 | 118 |
| PAT | 6.20 | 15.8 | 17.3 |
| EPS (₹) | — | — | 3.31 |
About the company
Garuda Aerospace Limited is a Chennai-based drone technology company founded in 2015 by Agnishwar Jayaprakash. It designs, manufactures and operates Unmanned Aerial Vehicles (UAVs) and offers a Drone-as-a-Service model, along with pilot training and maintenance support. Its applications span agriculture, surveillance, mapping, defence and industrial use.
Prices shown are indicative and dated. Unlisted shares are illiquid and values can move sharply.
Registered in Chennai, Tamil Nadu.
Registry
- ISIN: INE0REL01021
- Depository: NSDL & CDSL
- Listed at: Unlisted
- Price as of: 19 Oct 2026
Company facts
| CIN | U74900TN2015PLC102474 |
|---|---|
| Incorporated | 2015 |
| ISIN | INE0REL01021 |
| Face value | ₹2 |
| Registered office | Third Floor, Agni Business Centre, No.24/46, K B Dasan Road, Alwarpet, Chennai, Tamil Nadu 600018, India |
| Shares outstanding | 52,99,40,60,530 |
| Lot size | 58 shares |
| Minimum units | 58 |
| DRHP | Not filed |
Financial statements (₹ Cr)
| Metric | FY23 | FY24 | FY25 | FY26 | FY26 vs FY25 |
|---|---|---|---|---|---|
| Revenue | 47 | 110 | 117.7 | 206 | +75% |
| EBITDA | 10.9 | 24.6 | 29 | 39 | +34.5% |
| Profit before tax | 8.4 | 21.3 | 25.4 | 34 | +33.9% |
| Profit after tax | 6.2 | 15.8 | 17.3 | 26 | +50.3% |
| EPS (₹) | 579.44 | 1,436.36 | 3.31 | 5.39 | +62.8% |
| Operating margin | 23.2% | 22.4% | 17.8% | — | — |
| Net margin | 13.2% | 14.4% | 14.7% | — | — |
| Share capital | 0.11 | 0.11 | 0.11 | — | — |
| Reserves & surplus | 29.8 | 104.7 | 168 | — | — |
| Net worth | 29.91 | 104.81 | 168.11 | — | — |
| Fixed assets | 6.8 | 13.7 | 15.3 | — | — |
| Trade receivables | 37.7 | 73.8 | 114.8 | — | — |
| Trade payables | 1.6 | 15.7 | 25.8 | — | — |
| Cash from operations | — | — | −33.67 | — | — |
Key ratios and valuation
| Measure | Value | Basis |
|---|---|---|
| Indicative price | ₹432 | dealer reference, 19 Oct 2026 |
| Market cap | ₹2,289.34 Cr | price × 5,29,94,060 shares |
| P/E | 80.15x | price ÷ EPS ₹5.39 (FY26) |
| P/B | 12.85x | price ÷ book value ₹33.61 |
| EPS | ₹5.39 | per share, FY26 |
| Book value | ₹33.61 | per share, latest books |
| RoE | 12.84% | return on equity, latest FY |
| Debt / equity | 0.04 | latest balance sheet |
| Dividend yield | — | |
| Face value | ₹2 | per share |
| 52-week range | ₹425 – ₹495 | 174 dated quotes, last 12 months |
| Shares outstanding | 5,29,94,060 | per company record |
Shareholding pattern
| Category | Holder | % of equity |
|---|---|---|
| Promoters | Founders / Promoters | 74.59% |
| Public | Angels | 11.21% |
| Institutions | Funds | 7.29% |
| Public | ESOP | 4.71% |
| Others | Enterprises / Bodies Corporate | 2.12% |
| Others | Other People | 0.08% |
Promoters 74.59% · Institutions 7.29% · Public 15.92% · Others 2.2%
Management and promoters
| Name | Designation | Experience |
|---|---|---|
| Agnishwar Jayaprakash | Founder, CEO & Whole-time Director | — |
| Rithika Mohan | Whole-time Director | — |
| Vishnu Jayaprakash | Non-Executive Director | — |
| Asha Vijayaraghavan | Independent Director | — |
| Natarajan Tirupattur Srinivasan | Independent Director | — |
| Krishnasamy Rajagopalan Sathiyanarayanan | Independent Director | — |
Business model
Garuda Aerospace Limited is a drone-technology company that designs, develops, manufactures and deploys drones and related services. Its issuer page describes an integrated model made up of drone manufacturing, Drone-as-a-Service (DaaS) and remote-pilot training. It supplies drone-enabled offerings to agriculture, defence, infrastructure, mining, disaster-management and enterprise customers. The listed service uses are precision spraying, aerial surveillance, mapping, inspection, logistics support and data-led analysis.
The company states that it has an in-house portfolio of drone platforms supported by engineering, research and operational capabilities. Its DaaS model allows customers to obtain drone services when needed rather than own hardware. The site says solutions are delivered through owned assets and partner-led execution across India, supported by trained pilots, operational teams and service partners. It also conducts remote-pilot training under applicable regulatory frameworks. The description does not attribute market-share or performance claims.
News and insights
- Garuda Aerospace FY26: 3,000 Drones, ₹206 Crore Revenue & ₹234 Crore Stuck in Receivables (4 Sep 2026)
Corporate actions and events
| Date | Type | Detail | Ratio / amount | Source |
|---|---|---|---|---|
| Undated | Split | An EGM notice proposed a 1:5 equity-share sub-division, higher NRI/OCI investment limits, and an IPO. (19 Mar 2026) | — | Desk note |
Reports and filings
No filings uploaded yet.
Annual reports
- Garuda Aerospace Limited annual report 2024-25 (PDF)
- Garuda Aerospace Limited annual report 2023-24 (PDF)
- Garuda Aerospace Limited annual report 2022-23 (PDF)
Frequently asked questions
What does Garuda Aerospace Limited do?
Garuda Aerospace Limited is an Indian drone technology company founded in 2015 and based in Chennai. It designs and manufactures Unmanned Aerial Vehicles (UAVs) and provides a Drone-as-a-Service model, pilot training and maintenance. Its drones, including the Kisan agricultural drone, are used across agriculture, surveillance, mapping, defence and industrial applications for clients such as government bodies and enterprises.
Is Garuda Aerospace Limited listed on the stock exchange?
As of the date of this page, Garuda Aerospace Limited is not listed on Indian stock exchanges, and its shares are referred to in the unlisted/pre-IPO market. The company has been reported as preparing for a potential public listing. Listing timelines and outcomes are not guaranteed and may change. This information is provided for general awareness only and is not investment advice.
How can I buy Garuda Aerospace Limited unlisted shares?
Unlisted shares are transacted off-market through a documentation and settlement process that typically involves KYC and transfer into your demat account. To understand the process and current availability, you can contact the desk for assistance. This information is provided for general awareness only and does not constitute investment advice or a recommendation.
What are the risks associated with Garuda Aerospace Limited unlisted shares?
Unlisted and pre-IPO shares generally carry higher risk and lower liquidity than listed securities. There may be limited public financial disclosure, uncertainty around any future listing, valuations that can vary between buyers and sellers, and difficulty exiting a position. Business growth in the past does not indicate future outcomes. Individuals should conduct their own due diligence and may consider consulting a SEBI-registered investment adviser.
What is the Garuda Aerospace Limited unlisted share price today?
The indicative over-the-counter reference price is ₹432 per share as of 19 Oct 2026. It is a dated dealer reference, refreshed every working day.
Is Garuda Aerospace Limited listed on a stock exchange?
Not yet. Garuda Aerospace 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 Garuda Aerospace Limited?
The minimum ticket is ₹25,000, the same for every company on the site.
What is the ISIN of Garuda Aerospace Limited?
INE0REL01021. Holdings are settled in demat form through NSDL and CDSL.
How do I buy Garuda Aerospace 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 Garuda Aerospace 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
- Garuda Aerospace Limited annual report 2024-25 · FY 2024-25 · garudaaerospace.com
- Garuda Aerospace Limited annual report 2023-24 · FY 2023-24 · garudaaerospace.com
- Garuda Aerospace Limited annual report 2022-23 · FY 2022-23 · garudaaerospace.com
- BuyUnlistedShares indicative price series for Garuda Aerospace Limited, dated daily · since 11 Apr 2026 (174 dated quotes) · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Garuda Aerospace Limited unlisted share price”, https://buyunlistedshares.com/unlisted-shares/garuda-aerospace-limited, as of 19 Oct 2026.
Other IT & Industrials unlisted shares
- A One Steel India Limited · ₹325
- APL Metals · ₹12.5
- Absolute Projects (India) Limited · ₹86
- Adiance Technologies · ₹3,450
- Amol Minechem Limited · ₹900
- Amrut Dredging And Shipping Limited · ₹232
Enquire to buy Garuda Aerospace Limited · Sell a holding
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 19 Oct 2026.
Before you buy: guides
- How to evaluate an unlisted company before investing
- How Unlisted Share Prices Are Discovered When There Is No Live Order Book
- The risks of buying unlisted and pre-IPO shares in India
- Unlisted Shares Lock-In Period: What Every Investor Must Know (2026)
- Can an NRI invest in unlisted shares in India?
All unlisted shares · IPO calendar · Research & learning · Send an enquiry · Calculators · Jobs · About · Contact · Privacy · Terms · Disclaimer · Grievance redressal
Guides: Start investing · Evaluate a company · How prices are set · Risks · Lock-in periods · After the IPO · Sell ESOPs · NRI investors · Buybacks · Choosing a platform
BuyUnlistedShares (BUS) · Gayatri Financial Synergy LLP (LLPIN ACU-4678) · SCO-39, 1st Floor, HUDA Market, Sector-7, Faridabad, Haryana 121006 · +91 916-916-59-59
