MIL Industries Limited Unlisted Share Price
MIL Industries Limited unlisted share price is ₹279 per share (indicative, as of 17 Oct 2026). Minimum ticket ₹25,000 (lot of 90 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 17 Oct 2026, 22:10 IST. Dated dealer references.
BuyUnlistedShares tracks 230 unlisted companies with dated prices; MIL Industries Limited’s indicative price is ₹279 per share as of 17 Oct 2026, a lot of 90 shares.
Key facts
- Indicative price
- ₹279 per share
- Price as of
- 17 Oct 2026
- Minimum investment
- ₹25,000
- Lot size
- 90 shares
- Sector
- IT & Industrials
- Listing status
- Unlisted
- Settlement
- Demat to demat; terms agreed in writing for each deal
- Last updated
- 17 Oct 2026, 22:10 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 INE651L01019: 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.
Only one price change on record since 25 Jun 2026 (116 dated quotes); not enough to chart.
Key figures
| Market cap | ₹87.89 Cr |
|---|---|
| Minimum investment | ₹25,000 |
| Lot size | 90 |
| P/E ratio | 25.67x |
| ROE | 10.14% |
| Book value | ₹107.43 |
| Face value | ₹10 |
| 52-week high | ₹279 |
| 52-week low | ₹120 |
| ISIN | INE651L01019 |
| Dividend yield | — |
Financials (₹ Cr)
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | — | 38.3 | 34.5 |
| PAT | — | 5.33 | 3.43 |
| EPS (₹) | — | 16.9 | 10.9 |
About the company
MIL Industries Limited is a Chennai-based manufacturer of corrosion and abrasion-resistant linings used across the chemical, fertiliser, and process industries. Incorporated in 1966 and originally known as Madras Industrial Linings Limited, the company has built more than five decades of expertise in protective lining technology, supplying solutions that extend the operating life of equipment…
Prices shown are indicative and dated. Unlisted shares are illiquid and values can move sharply.
Registered in Chennai, Tamil Nadu.
Registry
- ISIN: INE651L01019
- Depository: NSDL & CDSL
- Listed at: Unlisted
- Price as of: 17 Oct 2026
Company facts
| CIN | L25199TN1966PLC005397 |
|---|---|
| Incorporated | 1966 |
| ISIN | INE651L01019 |
| Face value | ₹10 |
| Registered office | 25A, Industrial Estate, Ambattur, Chennai 600098, Tamil Nadu, India |
| Shares outstanding | 31,50,000 |
| Lot size | 90 shares |
| Minimum units | 40 |
| DRHP | Not filed |
Financial statements (₹ Cr)
| Metric | FY22 | FY23 | FY24 | FY25 | FY25 vs FY24 |
|---|---|---|---|---|---|
| Revenue | 34.28 | 35.76 | 38.33 | 34.55 | −9.9% |
| EBITDA | 4.79 | 4.2 | 7.39 | 3.74 | −49.4% |
| Profit before tax | 4.85 | 3.85 | 7.4 | 4.61 | −37.7% |
| Profit after tax | 2.39 | 2.82 | 5.33 | 3.43 | −35.6% |
| EPS (₹) | 7.59 | 8.95 | 16.92 | 10.87 | −35.8% |
| Operating margin | — | — | 13.9% | 9.9% | −4 pts |
| Net margin | — | — | 13.4% | 9.3% | −4.1 pts |
| Share capital | — | — | 3.15 | 3.15 | +0% |
| Reserves & surplus | — | — | 27.14 | 30.59 | +12.7% |
| Net worth | — | — | 30.29 | 33.74 | +11.4% |
| Fixed assets | — | — | 4.15 | 3.63 | −12.5% |
| Trade receivables | — | — | 5.46 | 10.78 | +97.4% |
| Trade payables | — | — | 1.64 | 2.4 | +46.3% |
| Cash from operations | — | — | 6.98 | −1.07 | profit to loss |
| Cash from investing | — | — | −0.01 | 0.66 | loss to profit |
| Cash from financing | — | — | −1.81 | 0.25 | loss to profit |
| Net cash generated | — | — | 5.16 | −0.17 | profit to loss |
Key ratios and valuation
| Measure | Value | Basis |
|---|---|---|
| Indicative price | ₹279 | dealer reference, 17 Oct 2026 |
| Market cap | ₹87.89 Cr | price × 31,50,000 shares |
| P/E | 25.67x | price ÷ EPS ₹10.87 (FY25) |
| P/B | 2.6x | price ÷ book value ₹107.43 |
| EPS | ₹10.87 | per share, FY25 |
| Book value | ₹107.43 | per share, latest books |
| RoE | 10.14% | return on equity, latest FY |
| Debt / equity | 0.03 | latest balance sheet |
| Dividend yield | — | |
| Face value | ₹10 | per share |
| 52-week range | ₹279 (unchanged) | quote unchanged since 25 Jun 2026 |
| Shares outstanding | 31,50,000 | per company record |
Shareholding pattern
| Category | Holder | % of equity |
|---|---|---|
| Promoters | Promoters & Promoter Group | 62.78% |
| Public | Public | 37.22% |
Promoters 62.78% · Public 37.22%
Management and promoters
| Name | Designation | Experience |
|---|---|---|
| Noman H. Millwala | Chairman | — |
| Rajiv Sreedhar | Managing Director | — |
| Saroja Raman | Director | — |
| K.J. Janakar | Director | — |
| Dr. T. Venkatesan | Director | — |
Corporate actions and events
| Date | Type | Detail | Ratio / amount | Source |
|---|---|---|---|---|
| Undated | Other | The Board approved audited standalone financial results for the quarter and year ended 31 March 2026. (29 May 2026) | — | Desk note |
Reports and filings
No filings uploaded yet.
Annual reports
Frequently asked questions
What does MIL Industries Limited do?
MIL Industries Limited is a Chennai-based manufacturer of corrosion and abrasion-resistant linings for the chemical, fertiliser, and process industries. Incorporated in 1966 (formerly Madras Industrial Linings Limited), it is best known for rubber lining, where it operates one of India's largest dedicated facilities, and has also offered PTFE-lined pipes and fittings.
Is MIL Industries Limited listed, and how are its unlisted shares bought or sold?
MIL Industries Limited is registered on a regional exchange but is not actively traded on the NSE or BSE main board, so its shares change hands largely through the off-market or unlisted route. Such transactions are typically negotiated between buyer and seller and settled in dematerialised form by transferring shares between demat accounts, with the indicative price serving only as a reference, not a recommendation.
What determines the indicative price of MIL Industries unlisted shares?
The indicative price reflects negotiated demand and supply in the off-market for a thinly traded scrip, rather than continuous exchange trading. Factors that influence it include the company's reported financial performance, its rubber-lining market position, broader industry sentiment, and the limited availability of shares. Because trading is sparse, quoted indicative prices can vary across dealers and over time and are for information only.
What are the key fundamentals of MIL Industries Limited?
Publicly cited identifiers include CIN L25199TN1966PLC005397 and ISIN INE651L01019, with a face value of ₹10 per share and incorporation in 1966. The registered office is in Ambattur, Chennai, Tamil Nadu. The business is concentrated in rubber lining, with the company widely described as a domestic market leader in that segment, and a separate PTFE/aerospace products business was demerged into MIL Industries and Aerospace Limited. These details are factual reference points and not investment advice.
What is the MIL Industries Limited unlisted share price today?
The indicative over-the-counter reference price is ₹279 per share as of 17 Oct 2026. It is a dated dealer reference, refreshed every working day.
Is MIL Industries Limited listed on a stock exchange?
Not yet. MIL Industries 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 MIL Industries Limited?
The minimum ticket is ₹25,000, the same for every company on the site.
What is the ISIN of MIL Industries Limited?
INE651L01019. Holdings are settled in demat form through NSDL and CDSL.
How do I buy MIL Industries 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 MIL Industries 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
- MIL Industries Limited annual report 2024-25 · FY 2024-25 · milindus.com
- BuyUnlistedShares indicative price series for MIL Industries Limited, dated daily · since 25 Jun 2026 (114 dated quotes) · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “MIL Industries Limited unlisted share price”, https://buyunlistedshares.com/unlisted-shares/mil-industries-limited, as of 17 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 MIL Industries 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 17 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
