Unlisted Shares / Madhur Iron and Steel (India)
Madhur Iron and Steel (India)

Madhur Iron and Steel (India) Unlisted Share Price

As of , the indicative unlisted share price of Madhur Iron and Steel (India) is ₹118 per share. This is an over-the-counter reference price, not a stock-exchange quote.

As of , Madhur Iron and Steel (India) is not listed on any Indian stock exchange (NSE or BSE) — its shares trade in the unlisted, over-the-counter (pre-IPO) market.

  • Sector: Materials
  • Status: Unlisted
  • Indicative price: ₹118 per share (as of 16 July 2026)
  • Minimum lot: 85 shares
  • Minimum investment:10,030
Industry: MaterialsIncorporated: 2012Unlisted
Daily price
₹118
₹0 (+0.00%)· 1W
As of 16 Jul 2026
8 Jul16 Jul
Indicative. Past performance is not indicative of future results.
At a glance
Price / unit₹118
Market cap₹351 Cr
Min. investment₹10,030
Lot size85
P/E ratio19
P/B ratio3.35
Key metrics
Price / unit
₹118
Market cap
₹351 Cr
Min. investment
₹10,030
Lot size
85
P/E ratio
19
P/B ratio
3.35
ROE
19.5%
Book value
₹35.22
Face value
₹10
EPS
6.22
Debt / equity
1.53
Company information
CIN
U51101CT2012PTC000189
ISIN
INE0TO301014
PAN
AAHCM7572R
Incorporated
2012
Outstanding shares
2,97,84,546 (29,784,546) equity shares
₹ in lakhFY23FY24FY25
Revenue15,10523,93834,036
Profit after tax1,2251,852
EPS (₹)2114
Revenue (₹ in lakh)
FY23
15,105
FY24
23,938
FY25
34,036
₹ in lakhFY24FY25
Share capital6621,489
Reserves & surplus3,6297,963
Fixed assets1,4401,775
Trade receivables1804,193
Trade payables2,1465,273
₹ in lakhFY24FY25
Operating (CFO)-2,091-4,400
Investing (CFI)-1,319-801
Financing (CFF)3,4095,270
Net cash generated170
Net margin7.2%7.4%
Operating margin10%

What is Madhur Iron and Steel (India)?

Madhur Iron and Steel (India) is an unlisted Materials company whose shares trade in India's over-the-counter (pre-IPO) market and settle in demat form (NSDL/CDSL).

Madhur Iron and Steel (India) is a Chhattisgarh-based structural steel manufacturer incorporated in 2012 and headquartered in Bhilai, one of central India's principal steel-making hubs. The company operates a business-to-business, order-driven model, producing structural steel products such as angles, channels, flats and rods that serve as core inputs for power transmission, construction, bridges and broader infrastructure projects. Its product range is geared toward heavy-industry and institutional demand rather than retail consumption. Reported manufacturing capacity has expanded over recent years, moving from roughly 28,500 metric tonnes per annum in FY23 toward about 35,000 metric tonnes per annum in FY24, reflecting incremental scale-up at its facility located close to the Bhilai Steel Plant ecosystem. Distribution reportedly spans western, northern and central India. The company is associated with supply relationships across the power-transmission and infrastructure value chain, with publicly referenced customers including entities in the transmission EPC and railways space. This positioning ties its order book closely to India's ongoing capital expenditure in electricity transmission, urban infrastructure and transportation, themes that have drawn investor attention to domestic structural steel suppliers. Madhur Iron and Steel draws interest in the unlisted market for several reasons. First, it sits in an infrastructure-linked manufacturing niche that benefits from broad public and private capex cycles. Second, it filed a Draft Red Herring Prospectus with SEBI in January 2026 toward a proposed public issue, which the company subsequently withdrew in March 2026; the shares therefore continue to trade in the unlisted segment. This pre-IPO-adjacent profile, combined with a relatively concentrated equity base of roughly 2.98 crore shares and a face value of ₹10, makes the stock a frequently tracked name among unlisted-share participants. The figures and indicative price referenced here are market-sourced data points for information only and reflect prevailing private-market quotes, which can change with liquidity, sentiment and disclosure availability.

Madhur Iron and Steel (India)
Price per unit₹118
Minimum units85
Units
85
Indicative amount10,030
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Reviewed by Kanishk Dev Bangia · NISM-202300182946. Indicative pricing, subject to availability, documentation and final settlement. Information only — not investment advice.

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Frequently asked questions

No. As of 16 July 2026, Madhur Iron and Steel (India) 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 85 share(s); at the indicative price of about ₹118, that is approximately ₹10,030. Indicative reference, not a quote.

As of 16 July 2026, the indicative unlisted share price of Madhur Iron and Steel (India) is ₹118 per share. This is an over-the-counter reference price, not a stock-exchange quote.

Madhur Iron and Steel (India) is a Bhilai, Chhattisgarh-based structural steel manufacturer incorporated in 2012. It produces structural steel products such as angles, channels, flats and rods used in power transmission, construction, bridges and infrastructure, operating largely on a business-to-business, order-based model serving institutional and industrial customers.

No. Madhur Iron and Steel is not listed on the NSE or BSE main board. The company filed a draft prospectus with SEBI in January 2026 toward a public issue but withdrew it in March 2026, so the shares remain unlisted. Unlisted shares are generally transacted off-market between buyers and sellers and settled into a demat account; this is descriptive information only and not a recommendation to transact.

The indicative price reflects negotiated quotes in the private, off-market unlisted segment rather than a continuous exchange order book. It is influenced by factors such as buyer-seller demand and supply, available financial disclosures, sector sentiment around steel and infrastructure, share liquidity and overall market conditions. Because the market is less liquid and not exchange-regulated, indicative prices can move and differ across sources.

Per available market data, the company carries CIN U51101CT2012PTC000189 and ISIN INE0TO301014, with a face value of ₹10 per share and roughly 2.98 crore equity shares outstanding. It was incorporated in 2012 and is headquartered in Bhilai, Chhattisgarh, with manufacturing capacity reported to have grown to around 35,000 metric tonnes per annum. These figures are for information only and should be independently verified.

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.

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Madhur Iron and Steel (India) vs similar unlisted Materials shares

Indicative over-the-counter prices, as of 16 July 2026. Information only — not a recommendation or ranking.

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Madhur Iron and Steel (India) This page₹11819.0085₹10,030
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