Rathi Industries Limited Unlisted Share Price
Rathi Industries Limited unlisted share price is ₹150 per share (indicative, as of 17 Oct 2026). Minimum ticket ₹25,000 (lot of 170 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; Rathi Industries Limited’s indicative price is ₹150 per share as of 17 Oct 2026, a lot of 170 shares.
Key facts
- Indicative price
- ₹150 per share
- Price as of
- 17 Oct 2026
- Minimum investment
- ₹25,000
- Lot size
- 170 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 INE173X01019: 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.
Indicative quote unchanged since 25 Jun 2026 (114 dated quotes); no price movement to chart yet.
Key figures
| Market cap | ₹121.27 Cr |
|---|---|
| Minimum investment | ₹25,000 |
| Lot size | 170 |
| P/E ratio | — |
| ROE | 2.81% |
| Book value | ₹229.62 |
| Face value | ₹10 |
| 52-week high | ₹150 |
| 52-week low | ₹150 |
| ISIN | INE173X01019 |
| Dividend yield | — |
Financials (₹ Cr)
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 659 | 697 | 892 |
| PAT | 0.08 | 2.73 | 8.13 |
| EPS (₹) | 0.12 | 4.64 | 5.98 |
About the 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.
Prices shown are indicative and dated. Unlisted shares are illiquid and values can move sharply.
Registry
- ISIN: INE173X01019
- Depository: NSDL & CDSL
- Listed at: Unlisted
- Price as of: 17 Oct 2026
Company facts
| CIN | L74899DL1991PLC046570 |
|---|---|
| Incorporated | 1991 |
| ISIN | INE173X01019 |
| Face value | ₹10 |
| Registered office | A-24/6 Mohan Co-Operative Industrial Estate, Mathura Road, South Delhi, New Delhi, India, 110044 |
| Lot size | 170 shares |
| Minimum units | 70 |
| DRHP | Not filed |
Financial statements (₹ Cr)
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | FY25 vs FY24 |
|---|---|---|---|---|---|---|
| Revenue | 456 | 654 | 659 | 697.06 | 891.77 | +27.9% |
| EBITDA | 22 | 15 | 6 | 10 | — | — |
| Profit before tax | 4 | 5 | 0.94 | 4 | — | — |
| Profit after tax | 3 | 4 | 0.08 | 2.73 | 8.13 | +197.8% |
| EPS (₹) | 4.64 | 6.19 | 0.12 | 4.64 | 5.98 | +28.9% |
| Operating margin | — | — | — | 1.4% | — | — |
| Net margin | — | — | — | 0.7% | 1.2% | +0.5 pts |
| Share capital | — | — | — | 5.46 | 10.02 | +83.5% |
| Reserves & surplus | — | — | — | 230.63 | 268.45 | +16.4% |
| Net worth | — | — | — | 236.09 | 278.47 | +18% |
| Fixed assets | — | — | — | 140.46 | 164.13 | +16.9% |
| Trade receivables | — | — | — | 69.72 | 79.31 | +13.8% |
| Trade payables | — | — | — | 16.76 | 35.03 | +109% |
| Cash from operations | — | — | — | −2.64 | −33.64 | ×12.7 |
| Cash from investing | — | — | — | 11.64 | −22.32 | profit to loss |
| Cash from financing | — | — | — | −9.57 | 56.57 | loss to profit |
| Net cash generated | — | — | — | −0.39 | 0.61 | loss to profit |
Key ratios and valuation
| Measure | Value | Basis |
|---|---|---|
| Indicative price | ₹150 | dealer reference, 17 Oct 2026 |
| Market cap | ₹121.27 Cr | as recorded |
| P/E | — | |
| P/B | 0.65x | price ÷ book value ₹229.62 |
| EPS | — | |
| Book value | ₹229.62 | per share, latest books |
| RoE | 2.81% | return on equity, latest FY |
| Debt / equity | 0.23 | latest balance sheet |
| Dividend yield | — | |
| Face value | ₹10 | per share |
| 52-week range | ₹150 (unchanged) | quote unchanged since 25 Jun 2026 |
| Shares outstanding | — | not meaningful |
Shareholding pattern
| Category | Holder | % of equity |
|---|---|---|
| Promoters | Promoters | 22.83% |
| Public | Public | 77.17% |
Promoters 22.83% · Public 77.17%
Management and promoters
| Name | Designation | Experience |
|---|---|---|
| Vikas Rathi | Managing Director | — |
| Vinay Rathi | Director | — |
| Mukesh Bhardwaj | Whole Time Director | — |
| Mona Gupta | Independent Director | — |
| Parminder Singh Kalsi | Independent Director | — |
| Kailash | Independent Director | — |
Business model
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.
Corporate actions and events
| Date | Type | Detail | Ratio / amount | Source |
|---|---|---|---|---|
| Undated | Agm | 32nd Annual General Meeting (30 Sep 2024) | — | Desk note |
Reports and filings
No filings uploaded yet.
Annual reports
- Rathi Industries Limited annual report 2024 (PDF)
- Rathi Industries Limited annual report 2023 (PDF)
- Rathi Industries Limited annual report 2022 (PDF)
Frequently asked questions
What does Rathi Industries Limited do?
Rathi Industries Limited is a steel re-rolling company that manufactures and sells mild steel and TMT reinforcement bars under the Rathi Stelmax brand, along with QST bars, binding wires, stirrups, lintel beam kits, steel chairs and cement cover blocks. It runs four rolling mills at its facility in Gautam Budh Nagar, Uttar Pradesh, and is associated with the wider Rathi Steels group.
Is Rathi Industries Limited listed on the NSE or BSE, and how are its unlisted shares bought?
Rathi Industries shares do not trade on the NSE or BSE main board and are quoted in the unlisted market. Unlisted shares are generally bought through dealers via an off-market transfer, where shares are credited to the buyer's demat account against payment, after agreeing on a price and completing standard documentation.
What determines the indicative price of Rathi Industries unlisted shares?
The indicative price reflects demand and supply between buyers and sellers in the private, off-market environment. It can be influenced by the company's reported financials and steel-sector conditions, raw-material and steel-price cycles, the limited liquidity typical of unlisted shares, and overall market sentiment. Because trading is private, quotes are indicative and can vary between dealers and over time.
What are the key fundamentals of Rathi Industries Limited?
Key reference details include CIN L74899DL1991PLC046570, ISIN INE173X01019, a face value of ₹10 per share, incorporation in 1991, and a registered office in New Delhi. The company operates in the steel re-rolling and construction-materials space. These are factual identifiers provided for information only.
What is the Rathi Industries Limited unlisted share price today?
The indicative over-the-counter reference price is ₹150 per share as of 17 Oct 2026. It is a dated dealer reference, refreshed every working day.
Is Rathi Industries Limited listed on a stock exchange?
Not yet. Rathi 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 Rathi Industries Limited?
The minimum ticket is ₹25,000, the same for every company on the site.
What is the ISIN of Rathi Industries Limited?
INE173X01019. Holdings are settled in demat form through NSDL and CDSL.
How do I buy Rathi 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 Rathi 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
- Rathi Industries Limited annual report 2024 · FY 2024 · rilstelmax.com
- Rathi Industries Limited annual report 2023 · FY 2023 · rilstelmax.com
- Rathi Industries Limited annual report 2022 · FY 2022 · rilstelmax.com
- BuyUnlistedShares indicative price series for Rathi Industries Limited, dated daily · since 25 Jun 2026 (114 dated quotes) · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Rathi Industries Limited unlisted share price”, https://buyunlistedshares.com/unlisted-shares/rathi-industries-limited, as of 17 Oct 2026.
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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
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- 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)
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