PRICE HISTORY.
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Spray Engineering Devices Limited designs and manufactures process equipment and provides engineering services for sugar and allied industries and water recovery. Its product portfolio covers tubular and plate falling-film evaporators, spray continuous pans, mechanical circulators, low-temperature evaporators, direct-contact heaters, molasses conditioners, sugar melters, condensate flashing, cooling and condensing systems and mill electrification. The company also supplies low-temperature evaporation systems for jaggery production. It undertakes process and equipment design, equipment manufacturing, industrial and plant automation, project engineering and management, EPC work, turnkey projects and after-sales technical support. Its manufacturing, research and development, instrumentation and automation activities support in-house fabrication and testing. For wastewater applications, it uses mechanical-vapour-compression or recompression-based low-temperature evaporation equipment for water recovery and recycling, including zero-liquid-discharge applications. The company describes its offerings as serving energy efficiency, process improvement and resource optimisation needs of sugar, allied and wastewater users.
About this company
Spray Engineering Devices Limited (SEDL) is an Indian engineering and clean-technology company that designs and manufactures energy-efficient process equipment for the sugar and allied industries. Incorporated in 2004 and headquartered in the Chandigarh–Mohali region with manufacturing operations in Baddi, Himachal Pradesh, the company has built a niche around turning the sugar mill into a more integrated, lower-energy and lower-waste operation. The firm's product and solutions portfolio spans evaporators, falling-film and tube heat exchangers, condensers, crystallizers, direct-contact heaters, molasses conditioners, mill electrification systems and a range of proprietary spray-nozzle and integrated equipment used in evaporation, crystallization and refining. Beyond core sugar processing, SEDL has extended into adjacent segments including biofuels and distillery solutions, bio-refinery and bio-based green chemicals, jaggery manufacturing, and water treatment. The company is recognised by India's Department of Scientific & Industrial Research as an in-house R&D unit, and it operates a dedicated research facility for jaggery technology. In terms of scale, SEDL employs a workforce in the region of 1,200 people, runs multiple fabrication units, and has executed projects across more than 40 countries, giving it a meaningful export footprint alongside its domestic base. This positions the company as a specialised technology supplier within a traditional, cyclical sugar-sector value chain that is increasingly focused on energy efficiency, ethanol and decarbonisation. In the unlisted market, Spray Engineering Devices draws interest because it sits at the intersection of two themes that attract pre-IPO attention: India's push toward ethanol blending and biofuels, and the broader appetite for energy-efficient industrial and clean-tech businesses. Its established client base, patents and R&D recognition, multi-country project history and diversified application areas make it a frequently tracked name among investors who follow unlisted engineering companies. The figures referenced here are indicative market data points drawn from unlisted-market sources and are presented for information only.
COMPANY REGISTRY · ON FILE
THE CREW · BOARD & MANAGEMENT
COMMON QUESTIONS.
Is Spray Engineering Devices listed on the stock exchange?+
No. As of 2 September 2026, Spray Engineering Devices is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.
What is the Spray Engineering Devices unlisted share price?+
As of 2 September 2026, the indicative unlisted share price of Spray Engineering Devices is ₹88 per share. This is an over-the-counter reference price, not a stock-exchange quote.
What indicative minimum amount is displayed for Spray Engineering Devices unlisted shares?+
The displayed unit count is 115 share(s); at the indicative price of about ₹88, the displayed amount is approximately ₹10,120. This is a display convention, not evidence of inventory, an order minimum or a quote.
What is the ISIN of Spray Engineering Devices?+
The recorded ISIN of Spray Engineering Devices is INE528I01015. 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 Spray Engineering Devices 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.