SMILE Microfinance Unlisted Share Price
SMILE Microfinance unlisted share price is ₹82 per share (indicative, as of 17 Oct 2026). Minimum ticket ₹25,000 (lot of 305 shares), the same for every company. Sector: Financials. 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; SMILE Microfinance’s indicative price is ₹82 per share as of 17 Oct 2026, a lot of 305 shares.
Key facts
- Indicative price
- ₹82 per share
- Price as of
- 17 Oct 2026
- Minimum investment
- ₹25,000
- Lot size
- 305 shares
- Sector
- Financials
- 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 INE786V01012: 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 2 Apr 2024 (777 dated quotes); no price movement to chart yet.
Key figures
| Market cap | ₹142.19 Cr |
|---|---|
| Minimum investment | ₹25,000 |
| Lot size | 305 |
| P/E ratio | 46.59x |
| ROE | 5% |
| Book value | ₹33.15 |
| Face value | ₹10 |
| 52-week high | ₹82 |
| 52-week low | ₹82 |
| ISIN | INE786V01012 |
| Dividend yield | — |
Financials (₹ Cr)
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 19.3 | 6.79 | — |
| PAT | -5.75 | 3.07 | — |
| EPS (₹) | -3.31 | 1.76 | — |
About the company
SMILE Microfinance Limited (now operating as SMFL Services Limited) is a Chennai-headquartered financial-services company that, for most of its operating life, functioned as one of South India's well-known microfinance institutions.
Prices shown are indicative and dated. Unlisted shares are illiquid and values can move sharply.
Registered in Chennai, Tamil Nadu.
Registry
- ISIN: INE786V01012
- Depository: NSDL & CDSL
- Listed at: Unlisted
- Price as of: 17 Oct 2026
Company facts
| CIN | U67190TN1995PLC030604 |
|---|---|
| Incorporated | 1995 |
| ISIN | INE786V01012 |
| Face value | ₹10 |
| Registered office | 8th Floor No. 2, South Tower, KRM Plaza, Harrington Road, Chetpet, Chennai, Egmore, Nungambakkam, Tamil Nadu 600031, India |
| Shares outstanding | 1,73,39,639 |
| Lot size | 305 shares |
| Minimum units | 125 |
| DRHP | Not filed |
Financial statements (₹ Cr)
| Metric | FY22 | FY23 | FY24 | FY24 vs FY23 |
|---|---|---|---|---|
| Revenue | 68.8 | 19.32 | 6.79 | −64.9% |
| Profit after tax | −21.4 | −5.75 | 3.07 | loss to profit |
| EPS (₹) | −12.34 | −3.31 | 1.76 | loss to profit |
| Operating margin | 15% | 52% | 46% | −6 pts |
| Net margin | −31% | −30% | 45% | +75 pts |
| Share capital | 17.34 | 17.34 | — | — |
| Reserves & surplus | 97.8 | 92.05 | — | — |
| Net worth | 115.14 | 109.39 | — | — |
| Cash from operations | — | — | 1.38 | — |
| Net cash generated | −15.96 | −15.85 | — | — |
Key ratios and valuation
| Measure | Value | Basis |
|---|---|---|
| Indicative price | ₹82 | dealer reference, 17 Oct 2026 |
| Market cap | ₹142.19 Cr | price × 1,73,39,639 shares |
| P/E | 46.59x | price ÷ EPS ₹1.76 (FY24) |
| P/B | 2.47x | price ÷ book value ₹33.15 |
| EPS | ₹1.76 | per share, FY24 |
| Book value | ₹33.15 | per share, latest books |
| RoE | 5% | return on equity, latest FY |
| Debt / equity | 0 | latest balance sheet |
| Dividend yield | — | |
| Face value | ₹10 | per share |
| 52-week range | ₹82 (unchanged) | quote unchanged since 2 Apr 2024 |
| Shares outstanding | 1,73,39,639 | per company record |
Shareholding pattern
| Category | Holder | % of equity |
|---|---|---|
| Others | DWM Investments (Cyprus) Limited | 66.6% |
| Promoters | Promoter Group | 18.6% |
| Public | Current & Former Women Members / Public | 13.3% |
Promoters 18.6% · Public 13.3% · Others 66.6%
Management and promoters
| Name | Designation | Experience |
|---|---|---|
| Aleem Remtula | Director | — |
| J Bradley Swanson | Director | — |
| V.T. Prabakaran | Chief Financial Officer | — |
Corporate actions and events
| Date | Type | Detail | Ratio / amount | Source |
|---|---|---|---|---|
| Undated | Other | SMFL Services Limited (formerly S.M.I.L.E. Microfinance Limited) commenced voluntary liquidation. (16 Aug 2024) | — | Desk note |
Reports and filings
No filings uploaded yet.
Annual reports
Frequently asked questions
What does SMILE Microfinance do?
SMILE Microfinance Limited (now SMFL Services Limited) was a Chennai-based microfinance institution that historically provided small, unsecured loans to economically weaker households — mainly women borrowers in Tamil Nadu — using the Joint Liability Group model. It operated as an RBI-registered NBFC. In 2022 the company transferred its entire microfinance business to the Northern Arc group on a slump-sale basis and subsequently surrendered its NBFC-MFI licence.
Is SMILE Microfinance listed on NSE or BSE, and how are unlisted shares transacted?
SMILE Microfinance is not listed or trading on the NSE or BSE equity main board; its equity shares are unlisted. Unlisted shares are generally transacted off-market between buyers and sellers through dealers, with shares held in dematerialised form in a demat account. Settlement, pricing and availability depend on counterparties in the private market rather than an exchange order book.
What determines the indicative price of SMILE Microfinance unlisted shares?
The indicative price quoted on unlisted-share desks reflects negotiated supply and demand between dealers and investors, not an exchange-traded price. It can be influenced by the company's shareholding pattern, residual assets and net worth, the status of its corporate restructuring and any liquidation process, broader sentiment around microfinance and unlisted markets, and the limited liquidity typical of unquoted securities. Indicative quotes can change and may differ across sources.
What are the key fundamentals and history of SMILE Microfinance?
SMILE Microfinance was incorporated in 1995 (CIN U67190TN1995PLC030604), with ISIN INE786V01012 and a face value of ₹10 per share. Its registered office is in Chennai, Tamil Nadu. Its majority shareholder has been DWM Investments (Cyprus) Limited. Notably, the company sold its operating microfinance business to the Northern Arc group in 2022, was later renamed SMFL Services Limited, and public records indicate it moved toward voluntary liquidation. These facts are provided for information only.
What is the SMILE Microfinance unlisted share price today?
The indicative over-the-counter reference price is ₹82 per share as of 17 Oct 2026. It is a dated dealer reference, refreshed every working day.
Is SMILE Microfinance listed on a stock exchange?
Not yet. SMILE Microfinance 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 SMILE Microfinance?
The minimum ticket is ₹25,000, the same for every company on the site.
What is the ISIN of SMILE Microfinance?
INE786V01012. Holdings are settled in demat form through NSDL and CDSL.
How do I buy SMILE Microfinance 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 SMILE Microfinance 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
- SMILE Microfinance annual report 2018-19 · FY 2018-19 · dyvmwwyqozzzb.cloudfront.net
- SMILE Microfinance annual report 2017-18 · FY 2017-18 · dyvmwwyqozzzb.cloudfront.net
- BuyUnlistedShares indicative price series for SMILE Microfinance, dated daily · since 12 Sep 2025 (343 dated quotes) · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “SMILE Microfinance unlisted share price”, https://buyunlistedshares.com/unlisted-shares/smile-microfinance, as of 17 Oct 2026.
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Enquire to buy SMILE Microfinance · 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?
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