GFCL EV Products Limited Unlisted Share Price
GFCL EV Products Limited unlisted share price is ₹42 per share (indicative, as of 17 Oct 2026). Minimum ticket ₹25,000 (lot of 600 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 18 Oct 2026, 08:02 IST. Dated dealer references.
BuyUnlistedShares tracks 230 unlisted companies with dated prices; GFCL EV Products Limited’s indicative price is ₹42 per share as of 18 Oct 2026, a lot of 600 shares.
Key facts
- Indicative price
- ₹42 per share
- Price as of
- 17 Oct 2026
- Minimum investment
- ₹25,000
- Lot size
- 600 shares
- Sector
- IT & Industrials
- Listing status
- Unlisted
- Settlement
- Demat to demat; terms agreed in writing for each deal
- Last updated
- 18 Oct 2026, 08:02 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 INE0KA501014: 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: +2.4% over 3 months · -6.7% over 1 year.
Key figures
| Market cap | ₹30,786 Cr |
|---|---|
| Minimum investment | ₹25,000 |
| Lot size | 600 |
| P/E ratio | — |
| ROE | -6.5% |
| Book value | ₹2.06 |
| Face value | ₹1 |
| 52-week high | ₹48 |
| 52-week low | ₹40 |
| ISIN | INE0KA501014 |
| Dividend yield | — |
Financials (₹ Cr)
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | — | — | 9.44 |
| PAT | — | — | -27.0 |
| EPS (₹) | — | — | -0.04 |
About the company
GFCL EV Products Limited is a battery-materials manufacturer incorporated in 2021 and based in Gujarat. It operates as a wholly-owned subsidiary of Gujarat Fluorochemicals Limited (GFL), part of the broader INOXGFL Group, and was created to build a domestic supply chain for materials used in lithium-ion and emerging sodium-ion batteries.
Prices shown are indicative and dated. Unlisted shares are illiquid and values can move sharply.
Registered in Gujarat.
Registry
- ISIN: INE0KA501014
- Depository: NSDL & CDSL
- Listed at: Unlisted
- Price as of: 17 Oct 2026
Company facts
| CIN | U24296GJ2021PLC127819 |
|---|---|
| Incorporated | 2021 |
| ISIN | INE0KA501014 |
| Face value | ₹1 |
| Registered office | Survey No. 16/3, 26 & 27, Village Ranjitnagar, Taluka Ghoghamba, District Panchmahal 389380, Gujarat, India |
| Shares outstanding | 7,32,99,72,576 |
| Lot size | 600 shares |
| Minimum units | 240 |
| DRHP | Not filed |
Financial statements (₹ Cr)
| Metric | FY23 | FY24 | FY25 | FY26 | FY26 vs FY25 |
|---|---|---|---|---|---|
| Revenue | — | 0.37 | 9.44 | 33.22 | +251.9% |
| EBITDA | −3.15 | −1.78 | −27.8 | −80.49 | −189.5% |
| Profit before tax | −2.74 | −3.62 | −32.03 | −122.56 | −282.6% |
| Profit after tax | −2.74 | −3 | −27 | −104.31 | −286.3% |
| EPS (₹) | −0.01 | — | −0.04 | −0.14 | — |
| Net margin | — | — | −267.2% | −302.1% | −34.8 pts |
| Share capital | — | — | 730.35 | 733 | +0.4% |
| Reserves & surplus | — | — | 781.42 | 779.18 | −0.3% |
| Net worth | — | — | 1,511.77 | 1,512.18 | +0% |
| Fixed assets | — | — | 480.42 | 781.05 | +62.6% |
| Trade receivables | — | — | 9.82 | 17.62 | +79.4% |
| Trade payables | — | — | 44.36 | 150.82 | +240% |
| Cash from operations | — | — | −110.85 | −177.12 | −59.8% |
| Cash from investing | — | — | −655.68 | −822.74 | −25.5% |
| Cash from financing | — | — | 771.54 | 1,111.94 | +44.1% |
| Net cash generated | — | — | 5 | 112.08 | ×22.4 |
Key ratios and valuation
| Measure | Value | Basis |
|---|---|---|
| Indicative price | ₹42 | dealer reference, 17 Oct 2026 |
| Market cap | ₹30,786 Cr | price × 7,32,99,72,576 shares |
| P/E | — | loss-making, n/a |
| P/B | 20.39x | price ÷ book value ₹2.06 |
| EPS | ₹−0.14 | per share, FY26 |
| Book value | ₹2.06 | per share, latest books |
| RoE | −6.5% | return on equity, latest FY |
| Debt / equity | 0.2 | latest balance sheet |
| Dividend yield | — | |
| Face value | ₹1 | per share |
| 52-week range | ₹40 – ₹48 | 317 dated quotes, last 12 months |
| Shares outstanding | 7,32,99,72,576 | per company record |
Shareholding pattern
| Category | Holder | % of equity |
|---|---|---|
| Promoters | Promoters (Gujarat Fluorochemicals Ltd) | 96.89% |
| Public | Public | 3.11% |
Promoters 96.89% · Public 3.11%
Management and promoters
| Name | Designation | Experience |
|---|---|---|
| Vijay Kumar Soni | Chairman & Managing Director | — |
| Vivek Kumar Jain | Managing Director | — |
| Vanita Bhargava | Independent Director | — |
| Devansh Jain | Non-Independent Director | — |
| Bir Kapoor | Non-Independent Director | — |
| Sanjay Bhan | Non-Independent Director | — |
Business model
GFCL EV Products Limited reports one principal activity: manufacturing. Its FY2024-25 statutory annual return describes that activity as manufacture of chemicals and chemical products and assigns it 100% of the company’s turnover. The same MGT-7 identifies Gujarat Fluorochemicals Limited as the holding company and lists overseas subsidiaries in the Americas, Germany, the SFZ and Singapore. GFCL EV is reported as an unlisted public company limited by shares.
The statutory filing does not break out product lines, customers, pricing, manufacturing capacity, country-level sales or revenue by product category. Accordingly, this description does not infer a specific battery-material, electrolyte or EV-component product mix. It characterises the model only to the extent directly supported by the filing: chemical-products manufacturing within a group structure that includes overseas subsidiaries.
News and insights
Listed peers
| Listed peer | Ticker | Why a peer |
|---|---|---|
| Gujarat Fluorochemicals | NSE: FLUOROCHEM | Listed parent group company |
| Navin Fluorine International | NSE: NAVINFLUOR | Listed fluorochemicals |
| SRF Limited | NSE: SRF | Listed speciality chemicals |
Exchange prices and ratios for these peers are not connected to this page yet.
Corporate actions and events
| Date | Type | Detail | Ratio / amount | Source |
|---|---|---|---|---|
| Undated | Agm | The company published the scrutiniser and voting result for its fifth AGM. (30 Jun 2026) | — | Desk note |
Reports and filings
No filings uploaded yet.
Annual reports
- GFCL EV Products Limited annual report 2025-26 (PDF)
- GFCL EV Products Limited annual report 2024-25 (PDF)
Frequently asked questions
What does GFCL EV Products Limited do?
GFCL EV Products Limited manufactures battery materials used in lithium-ion and emerging sodium-ion batteries, including cathode active materials such as lithium iron phosphate, electrolytes and binders. It is a wholly-owned subsidiary of Gujarat Fluorochemicals Limited and supplies the electric-vehicle and energy-storage value chain in India and export markets.
Is GFCL EV Products Limited listed, and how can its unlisted shares be bought?
No, GFCL EV Products Limited is not listed on the NSE or BSE; it is an unlisted public company. Its parent, Gujarat Fluorochemicals Limited, is a separate listed entity. Unlisted shares of GFCL EV are transferred privately between buyers and sellers off-exchange, typically into a demat account after agreeing on price and completing KYC and settlement.
What determines the indicative price of GFCL EV Products shares?
The indicative price reflects private over-the-counter transactions between buyers and sellers in the unlisted market. It can move with supply and demand, the company's financial performance and expansion progress, fundraising or valuation events, sentiment around the EV and battery-materials sector, and any developments concerning a potential future listing. It is not an exchange-quoted price.
What are the key fundamentals of GFCL EV Products Limited?
GFCL EV Products Limited was incorporated in 2021 and is based in Gujarat. Its CIN is U24296GJ2021PLC127819 and its ISIN is INE0KA501014, with a face value of ₹1 per share. It is a wholly-owned subsidiary of Gujarat Fluorochemicals Limited and is in an early, capital-intensive growth phase, having raised about ₹1,000 crore of equity to fund expansion.
What is the GFCL EV Products Limited unlisted share price today?
The indicative over-the-counter reference price is ₹42 per share as of 17 Oct 2026. It is a dated dealer reference, refreshed every working day.
Is GFCL EV Products Limited listed on a stock exchange?
Not yet. GFCL EV Products 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 GFCL EV Products Limited?
The minimum ticket is ₹25,000, the same for every company on the site.
What is the ISIN of GFCL EV Products Limited?
INE0KA501014. Holdings are settled in demat form through NSDL and CDSL.
How do I buy GFCL EV Products 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 GFCL EV Products 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
- GFCL EV Products Limited annual report 2025-26 · FY 2025-26 · gfclev.co.in
- GFCL EV Products Limited annual report 2024-25 · FY 2024-25 · gfclev.co.in
- BuyUnlistedShares indicative price series for GFCL EV Products Limited, dated daily · since 13 Sep 2025 (342 dated quotes) · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “GFCL EV Products Limited unlisted share price”, https://buyunlistedshares.com/unlisted-shares/gfcl-ev-products-limited, as of 18 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 18 Oct 2026.
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