Midland Micro Finance Limited Unlisted Share Price
As of , the indicative unlisted share price of Midland Micro Finance Limited is ₹195 per share. This is an over-the-counter reference price, not a stock-exchange quote.
As of , Midland Micro Finance 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 | ₹195 |
|---|---|
| Market cap | ₹1,021 Cr |
| Min. investment | ₹10,725 |
| Lot size | 55 |
| P/E ratio | 14.18 |
| P/B ratio | 2.05 |
What is Midland Micro Finance Limited?
Midland Micro Finance Limited is an unlisted Financials company whose shares trade in India's over-the-counter (pre-IPO) market and settle in demat form (NSDL/CDSL).
Midland Microfin Limited (sometimes referenced as Midland Micro Finance Limited) is a non-banking financial company classified by the Reserve Bank of India as an NBFC-MFI (microfinance institution). Headquartered in Jalandhar, it is widely described as the first Punjab-based microfinance institution, with microfinance operations established in 2011. The company's core focus is the financial and social empowerment of women in semi-urban and rural India, primarily through small, collateral-free joint-liability group business loans that help borrowers fund and grow micro-enterprises and livelihood activities. The business model centres on doorstep lending to low-income women borrowers, supported by a field-officer network and group-based credit discipline. Over time, Midland Microfin has expanded its operating footprint well beyond Punjab into states including Haryana, Rajasthan, Uttar Pradesh, Bihar, Jharkhand and Gujarat, alongside the Chandigarh region, operating through a branch network spanning a few hundred locations. Its loan book and active borrower base have grown into the lakhs of customers, positioning it among the established regional microfinance players in northern and central India. On the funding side, the company raises resources through bank borrowings, term loans and debt instruments; its non-convertible debentures (debt securities) are listed on BSE, while its equity shares remain unlisted and are not traded on the NSE or BSE main board. Reported figures have shown revenue from operations rising into the several-hundred-crore range and profitability improving year on year, with disclosed metrics covering gross NPA, return ratios and capital adequacy typical of the microfinance sector. In the unlisted market, Midland Microfin draws interest as a pure-play microfinance and financial-inclusion story tied to India's under-served credit segment, a growing branch network, and the broader investor attention that NBFC-MFIs attract ahead of any potential public listing. As a regulated NBFC-MFI, its performance is sensitive to interest-rate cycles, asset-quality trends, rural economic conditions and evolving RBI microfinance norms. The information here is descriptive and for general awareness only.
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Frequently asked questions
No. As of 16 July 2026, Midland Micro Finance 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 55 share(s); at the indicative price of about ₹195, that is approximately ₹10,725. Indicative reference, not a quote.
As of 16 July 2026, the indicative unlisted share price of Midland Micro Finance Limited is ₹195 per share. This is an over-the-counter reference price, not a stock-exchange quote.
Midland Microfin Limited is an RBI-registered NBFC-MFI (microfinance institution) headquartered in Jalandhar, Punjab. It provides small, collateral-free group business loans, mainly to women borrowers in semi-urban and rural India, to support micro-enterprises and livelihood activities, with a branch network spanning several northern and central Indian states.
Its equity shares are not listed on the NSE or BSE main board; only its debt securities (non-convertible debentures) are listed on BSE. The equity is traded in the private unlisted market. Unlisted shares are typically purchased off-market through SEBI-registered intermediaries or unlisted-share platforms, after KYC, and are credited to the buyer's demat account. This is informational only and not investment advice.
Because the shares are not exchange-traded, the price shown is indicative and reflects private buyer-seller transactions. It is influenced by factors such as company financials and book value, growth in the loan book and borrower base, asset quality, demand and supply for the stock in the unlisted market, sector sentiment around NBFC-MFIs, and any IPO-related expectations.
Reported reference details include a face value of ₹10 per share, CIN U65921PB1988PLC008430 and ISIN INE884Q01015, with the registered office in Jalandhar, Punjab. The company operates as an NBFC-MFI with revenue from operations in the several-hundred-crore range and disclosed metrics covering profitability, gross NPA and return ratios. Figures change over time and should be verified against the company's latest filings.
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.
Midland Micro Finance Limited vs similar unlisted Financials shares
Indicative over-the-counter prices, as of 16 July 2026. Information only — not a recommendation or ranking.