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UNLISTED COMPANY PROFILE

RATHI INDUSTRIES LIMITED

MATERIALS LINE
INDICATIVE PRICE / SHARE
₹150
▲ +0.0% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 02 SEPT 2026
VIEW DATA METHOD →
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INDICATIVE PRICE HISTORY · DATED OBSERVATIONS SINCE 2026

PRICE HISTORY.

Use the left and right arrow keys to inspect dated observations. Home selects the first observation and End selects the latest.

₹150
₹150
25 Jun 2615 Aug 2602 Sept 26

ALL-TIME LOW
₹150
ALL-TIME HIGH
₹150
WINDOW
ALL
NOT A STOCK-EXCHANGE QUOTE · NOT AN OFFER TO DEAL
THE TIMETABLE · KEY NUMBERS

Key numbers

Published fundamentals and the date each figure was recorded.

CALCULATION METHOD →
Market cap
₹121 Cr
Latest available company data
Min. investment
₹10,500
Indicative price × lot size
Lot size
70
P/E ratio
22.39
P/B ratio
0.65
EPS
6.7
ROE
2.81%
Book value
₹229.62
Face value
₹10
Debt / equity
0.23
ISIN
INE173X01019
Company security identifier
THE BUSINESS · HOW IT EARNS

Rathi Industries Limited was incorporated as a public limited company in 1991. Its official profile says that it began with the manufacturing and sale of M.S. bars (TMT) under the Rathi Stelmax brand, and later shifted its business model to trading iron and steel bars. The issuer identifies its strong brand value as a basis for that transition. The current official product pages list TMT bars, binding wire, cover blocks, lintel beam kits, steel spacers and stirrups. The company also presents production and quality checks and client support alongside those product offerings. Taken together, the issuer’s current website describes an iron-and-steel trading and supply business built around construction-steel products and related accessories, with the historic Rathi Stelmax name remaining central to its commercial identity. This description deliberately treats the company’s stated shift to trading as the current model, rather than assuming that its original manufacturing model continues unchanged.

About this company

Rathi Industries Limited is a North India steel re-rolling company incorporated in 1991 and headquartered in New Delhi. Its core business is the manufacture and sale of mild steel and thermo-mechanically treated (TMT) reinforcement bars, marketed under the brand name Rathi Stelmax. The company operates a manufacturing facility at Chhapraula on the G.T. Road in Gautam Budh Nagar, Uttar Pradesh, where it runs four rolling mills. Alongside TMT and quenched-and-self-tempered (QST) steel bars, its product range extends to allied construction items such as binding wires, stirrups, lintel beam kits, steel chairs and cement cover blocks, positioning it as a supplier to the infrastructure and real-estate construction value chain. The company is associated with the broader Rathi Steels group, a long-standing name in the North Indian long-products steel segment. This parentage and the group's established presence in regional steel rolling are frequently cited as reasons the company carries brand recognition among construction-material buyers in its core markets. Operating revenue in recent reported years has been substantial for a company of its size, reflecting the volume-driven nature of the steel re-rolling business, while margins in this segment are characteristically thin and sensitive to raw-material and steel-price cycles. Rathi Industries draws attention in the unlisted market because its equity is held in dematerialised form under ISIN INE173X01019 and is quoted by unlisted-share dealers, even though it does not trade on the NSE or BSE main board. Its public-company structure, defined share count and face value of ₹10 give it the documentation profile that unlisted-market participants typically look for. Interest also stems from its identity as a tangible, asset-backed manufacturing business in the steel and construction-materials theme. The figures here are indicative market data compiled for information only and should not be read as any view on the suitability of the shares.

COMPANY AT A GLANCE
Sector lineMaterials
SettlementNSDL / CDSL
Incorporated1991
Listing statusUnlisted / Pre-IPO
*INDICATIVE · TIMELINE MAY CHANGE · NOTHING FINAL UNTIL THE RHP

COMPANY REGISTRY · ON FILE

PUBLIC OR ADMIN-SUPPLIED DATA · VERIFY INDEPENDENTLY
CIN
L74899DL1991PLC046570
PAN
AAACR0462Q
Incorporated
1991
Outstanding shares
1,21,27,260 (12,127,260)
Registered office
A-24/6 Mohan Co-Operative Industrial Estate, Mathura Road, South Delhi, New Delhi, India, 110044
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THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY21FY22FY23FY24FY25
REVENUE45,60065,40065,90069,70689,177
PAT3004008273813
EPS (₹)56056
PAT MARGIN1%1%0%0%1%
CAUTION · AMOUNT UNIT AND FIELD-LEVEL SOURCES HAVE NOT BEEN VERIFIED · DO NOT RELY ON THESE FIGURES WITHOUT CHECKING THE COMPANY FILING

THE CREW · BOARD & MANAGEMENT

Vikas Rathi
Managing Director
Vinay Rathi
Director
Mukesh Bhardwaj
Whole Time Director
Mona Gupta
Independent Director
Parminder Singh Kalsi
Independent Director
Kailash
Independent Director
COMPANY TIMELINE · EVENTS
32nd Annual General Meeting (30 Sep 2024)
READ THE NOTICE →
THE GLOVEBOX · ANNUAL REPORTS
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NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is Rathi Industries Limited listed on the stock exchange?+

No. As of 2 September 2026, Rathi Industries Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.

What is the Rathi Industries Limited unlisted share price?+

As of 2 September 2026, the indicative unlisted share price of Rathi Industries Limited is ₹150 per share. This is an over-the-counter reference price, not a stock-exchange quote.

What indicative minimum amount is displayed for Rathi Industries Limited unlisted shares?+

The displayed unit count is 70 share(s); at the indicative price of about ₹150, the displayed amount is approximately ₹10,500. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of Rathi Industries Limited?+

The recorded ISIN of Rathi Industries Limited is INE173X01019. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.

Is trading in Rathi Industries Limited unlisted shares legal in India?+

Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.

Is there a lock-in period for unlisted shares?+

A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.

Do you guarantee returns?+

No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.

SIMILAR COMPANY PROFILES
MATERIALS LINE.
Prices shown are indicative over-the-counter reference prices, not an offer to deal. This page is information only and not investment advice. Unlisted shares carry higher risk and lower liquidity than listed shares. Settlement to your own demat account via NSDL / CDSL through registered intermediaries.
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