Merino Industries Limited Unlisted Share Price
As of , the indicative unlisted share price of Merino Industries Limited is ₹2,575 per share. This is an over-the-counter reference price, not a stock-exchange quote.
As of , Merino Industries 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 | ₹2,575 |
|---|---|
| Market cap | ₹2,879 Cr |
| Min. investment | ₹12,875 |
| Lot size | 5 |
| P/B ratio | 2.11 |
| ROE | -0.52% |
What is Merino Industries Limited?
Merino Industries 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).
Merino Industries Limited is one of India's largest and oldest manufacturers of decorative laminates and engineered interior surfaces. Incorporated in 1965 and headquartered in Kolkata, the company anchors the wider Merino Group, a diversified family-promoted enterprise with deep roots in the surfaces and panel-products industry. The business is organised around three broad divisions. Its Interior Solutions segment, the core of the company, produces decorative laminates, plywood, particle boards, restroom cubicles, lockers and allied building-material products sold under the Merino brand. The company is widely described as among the leading laminate manufacturers and exporters in the country, supplying architects, furniture makers, contractors and retail customers through an extensive dealer and distributor network spanning many states and dozens of export markets. Manufacturing is spread across multiple integrated facilities, including units at Hapur in Uttar Pradesh, Rohad in Haryana, Hosur in Tamil Nadu and Dahej in Gujarat. Beyond surfaces, Merino operates an Agro and food-solutions business covering cold storage, contract farming, biotechnology and processed-food products, including consumer brands in the packaged-food space. A smaller IT and business-services arm provides consulting and technology offerings, contributing a modest share of overall revenue and reflecting the group's effort to diversify beyond its industrial base. Merino's appeal in the unlisted market stems from its long operating history, established brand, vertically integrated manufacturing footprint and a multi-decade track record in a building-materials category tied to housing, real estate and interior-fit-out demand. As a profitable, dividend-paying company that has historically remained privately held, it is among the more closely watched names traded on unlisted-share platforms, where investors track its fundamentals ahead of any potential future public listing. The indicative price quoted on unlisted marketplaces is over-the-counter market data that reflects buyer and seller interest at a given time. It is not an official exchange quotation, can move sharply with limited liquidity, and should be treated only as a reference point alongside the company's disclosed financials.
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Frequently asked questions
No. As of 16 July 2026, Merino Industries 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 5 share(s); at the indicative price of about ₹2,575, that is approximately ₹12,875. Indicative reference, not a quote.
As of 16 July 2026, the indicative unlisted share price of Merino Industries Limited is ₹2,575 per share. This is an over-the-counter reference price, not a stock-exchange quote.
The ISIN of Merino Industries Limited is INE662B01017. An ISIN is the unique 12-character code that identifies a company's shares in the depository system; this one is verified against NSDL (the National Numbering Agency). You need it to hold or transfer these unlisted shares in your NSDL or CDSL demat account.
Merino Industries Limited, incorporated in 1965 and based in Kolkata, is one of India's largest manufacturers and exporters of decorative laminates and interior surface products such as plywood, particle boards and panels. It also runs agro and food-solutions operations covering cold storage, farming and processed foods, and a smaller IT and business-services arm. Products are sold across India and exported to dozens of countries through a wide dealer network.
Merino Industries Limited is not currently listed or traded on the NSE or BSE main board; it remains an unlisted company. Its shares change hands privately in the over-the-counter unlisted market. Transactions are typically settled by transferring shares into the buyer's demat account through an unlisted-share platform or intermediary. This is general information about how the unlisted market operates, not a recommendation to transact.
The indicative price is over-the-counter market data set by supply and demand among buyers and sellers, not an official exchange quotation. It is influenced by the company's financial performance, sector and demand trends in building materials, overall sentiment toward unlisted and pre-IPO shares, and available liquidity. Because trading volumes are limited, indicative prices can change frequently and may differ from one platform to another.
Merino Industries Limited carries CIN U51909WB1965PLC026556 and ISIN INE662B01017, with a face value of ₹10 per equity share. It was incorporated in 1965 and is registered in Kolkata, West Bengal. The company operates multiple manufacturing facilities across India and is recognised as a long-established player in the decorative-laminates and interior-surfaces industry. These details are factual reference points and should be verified against the company's own disclosures.
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.
Merino Industries Limited vs similar unlisted Materials shares
Indicative over-the-counter prices, as of 16 July 2026. Information only — not a recommendation or ranking.