TRL Krosaki Refractories Limited Unlisted Share Price
TRL Krosaki Refractories Limited unlisted share price is ₹1,750 per share (indicative, as of 17 Oct 2026). Minimum ticket ₹25,000 (lot of 15 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; TRL Krosaki Refractories Limited’s indicative price is ₹1,750 per share as of 17 Oct 2026, a lot of 15 shares.
Key facts
- Indicative price
- ₹1,750 per share
- Price as of
- 17 Oct 2026
- Minimum investment
- ₹25,000
- Lot size
- 15 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 INE012L01014: 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 move: 0.0% over 3 months · -16.7% over 1 year.
Key figures
| Market cap | ₹3,658 Cr |
|---|---|
| Minimum investment | ₹25,000 |
| Lot size | 15 |
| P/E ratio | 10.64x |
| ROE | 28.51% |
| Book value | ₹580.33 |
| Face value | ₹10 |
| 52-week high | ₹2,100 |
| 52-week low | ₹1,750 |
| ISIN | INE012L01014 |
| Dividend yield | 1.89% |
Financials (₹ Cr)
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 2,295 | 2,503 | 2,600 |
| PAT | 158 | 243 | 342 |
| EPS (₹) | 75.7 | 116 | 164 |
About the company
TRL Krosaki Refractories Limited is an India-based manufacturer of refractory products, materials used to line furnaces and vessels that operate at very high temperatures. Incorporated in 1958 as Belpahar Refractories Limited and later known as Tata Refractories Limited, the company supplies basic, dolomite, high alumina, monolithic, silica and tap-hole-clay refractories, along with technical and…
Prices shown are indicative and dated. Unlisted shares are illiquid and values can move sharply.
Registered in Odisha.
Registry
- ISIN: INE012L01014
- Depository: NSDL & CDSL
- Listed at: Unlisted
- Price as of: 17 Oct 2026
Company facts
| CIN | U26921OR1958PLC000349 |
|---|---|
| Incorporated | 1958 |
| ISIN | INE012L01014 |
| Face value | ₹10 |
| Registered office | Belpahar, District - Jharsuguda, Odisha, India, Pin - 768218 |
| Shares outstanding | 20,90,00,00,209 |
| Lot size | 15 shares |
| Minimum units | 10 |
| DRHP | Not filed |
Financial statements (₹ Cr)
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | FY25 vs FY24 |
|---|---|---|---|---|---|---|
| Revenue | 1,423.92 | 1,923.55 | 2,295.01 | 2,502.65 | 2,600.05 | +3.9% |
| EBITDA | — | 182.69 | 264.63 | 318 | 337 | +6% |
| Profit before tax | — | 137.12 | 210.67 | 311 | 433 | +39.2% |
| Profit after tax | 35.72 | 103.74 | 158.27 | 243 | 342.2 | +40.8% |
| EPS (₹) | 17.09 | 49.64 | 75.73 | 116.42 | 164.42 | +41.2% |
| Operating margin | — | — | — | 12.7% | 13% | +0.3 pts |
| Net margin | — | — | — | 9.7% | 8.8% | −0.9 pts |
| Share capital | 20.9 | 20.9 | 20.9 | 20.9 | 20.9 | +0% |
| Reserves & surplus | 494.15 | 583.43 | 708.34 | 902.31 | 1,182.14 | +31% |
| Net worth | 515.05 | 604.33 | 729.24 | 923.21 | 1,203.04 | +30.3% |
| Trade receivables | — | — | — | 370.47 | 351.86 | −5% |
| Trade payables | 288.16 | 301.84 | 311.55 | 298.61 | 301.46 | +1% |
| Cash from operations | — | — | — | 235.7 | 219.49 | −6.9% |
| Cash from investing | — | — | — | −21.63 | −94.55 | −337.1% |
| Cash from financing | — | — | — | −180.43 | −117.77 | +34.7% |
| Net cash generated | — | — | — | 33.64 | 7.17 | −78.7% |
Key ratios and valuation
| Measure | Value | Basis |
|---|---|---|
| Indicative price | ₹1,750 | dealer reference, 17 Oct 2026 |
| Market cap | ₹3,658 Cr | as recorded |
| P/E | 10.64x | price ÷ EPS ₹164.42 (FY25) |
| P/B | 3.02x | price ÷ book value ₹580.33 |
| EPS | ₹164.42 | per share, FY25 |
| Book value | ₹580.33 | per share, latest books |
| RoE | 28.51% | return on equity, latest FY |
| Debt / equity | 0.09 | latest balance sheet |
| Dividend yield | 1.89% | at the indicative price |
| Face value | ₹10 | per share |
| 52-week range | ₹1,750 – ₹2,100 | 317 dated quotes, last 12 months |
| Shares outstanding | 20,90,00,00,209 | per company record |
Shareholding pattern
| Category | Holder | % of equity |
|---|---|---|
| Institutions | Foreign Holdings (Krosaki Harima Corporation, Japan) | 77.62% |
| Others | Government Companies | 10.54% |
| Institutions | FIs, Insurance Companies & Banks | 4.61% |
| Others | Other Corporate Bodies | 2.13% |
| Public | Individuals & Others | 5.1% |
Institutions 82.23% · Public 5.1% · Others 12.67%
Management and promoters
| Name | Designation | Experience |
|---|---|---|
| Hemant M. Nerurkar | Chairman | — |
| Priyabrata Panda | Managing Director & CEO | — |
Corporate actions and events
| Date | Type | Detail | Ratio / amount | Source |
|---|---|---|---|---|
| Undated | Other | The Board appointed Sudhansu Pathak as an Additional Director and Independent Director, effective 21 March 2025, subject to member approval. (4 Feb 2025) | — | Desk note |
| Undated | Other | The Board appointed R. Ranganath as an Additional Director and Independent Director for a further term, effective 21 March 2025, subject to member approval. (4 Feb 2025) | — | Desk note |
| Undated | Other | The Board appointed Alok Verma as an Additional Director. (13 May 2025) | — | Desk note |
| Undated | Other | The Board appointed Takashi Matsunaga as an Additional Director. (13 May 2025) | — | Desk note |
Reports and filings
No filings uploaded yet.
Annual reports
- TRL Krosaki Refractories Limited annual report 2024-25 (PDF)
- TRL Krosaki Refractories Limited annual report 2023-24 (PDF)
- TRL Krosaki Refractories Limited annual report 2022-23 (PDF)
- TRL Krosaki Refractories Limited annual report 2021-22 (PDF)
Frequently asked questions
What does TRL Krosaki Refractories Limited do?
TRL Krosaki Refractories Limited manufactures refractory products such as basic, dolomite, high alumina, monolithic, silica and tap-hole-clay refractories, which are used to line high-temperature furnaces and vessels. It serves the steel, aluminium, copper, cement and power industries and also provides refractory management and technical services. The company was incorporated in 1958 and is majority-owned by Krosaki Harima Corporation of Japan.
Is TRL Krosaki Refractories Limited listed on the stock exchange?
No. As of the latest available information, TRL Krosaki Refractories Limited is an unlisted company and its equity shares are not traded on the NSE or BSE. Its shares change hands only in the private, unlisted market, which is less regulated and less liquid than the listed stock exchanges.
How can I buy TRL Krosaki Refractories Limited unlisted shares?
Unlisted shares are bought and sold through private off-market transactions rather than on a stock exchange. To learn about availability, indicative pricing and the transfer process, you can contact the desk, who can share current information and explain how a transaction is settled into your demat account.
What are the risks of holding TRL Krosaki Refractories Limited unlisted shares?
Unlisted and pre-IPO shares carry higher risk and lower liquidity than listed equities. There is no continuous exchange-based market, so exiting a position can be difficult and prices may move sharply. There is no certainty that the company will pursue or complete a public listing, and valuations in the private market can be uncertain. Individuals should assess their own risk tolerance and may wish to consult a SEBI-registered adviser before making any decision.
What is the TRL Krosaki Refractories Limited unlisted share price today?
The indicative over-the-counter reference price is ₹1,750 per share as of 17 Oct 2026. It is a dated dealer reference, refreshed every working day.
Is TRL Krosaki Refractories Limited listed on a stock exchange?
Not yet. TRL Krosaki Refractories 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 TRL Krosaki Refractories Limited?
The minimum ticket is ₹25,000, the same for every company on the site.
What is the ISIN of TRL Krosaki Refractories Limited?
INE012L01014. Holdings are settled in demat form through NSDL and CDSL.
How do I buy TRL Krosaki Refractories 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 TRL Krosaki Refractories 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
- TRL Krosaki Refractories Limited annual report 2024-25 · FY 2024-25 · d3g9tg0xcqrwuo.cloudfront.net
- TRL Krosaki Refractories Limited annual report 2023-24 · FY 2023-24 · d3g9tg0xcqrwuo.cloudfront.net
- TRL Krosaki Refractories Limited annual report 2022-23 · FY 2022-23 · d3g9tg0xcqrwuo.cloudfront.net
- TRL Krosaki Refractories Limited annual report 2021-22 · FY 2021-22 · d3g9tg0xcqrwuo.cloudfront.net
- BuyUnlistedShares indicative price series for TRL Krosaki Refractories Limited, dated daily · since 12 Sep 2025 (343 dated quotes) · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “TRL Krosaki Refractories Limited unlisted share price”, https://buyunlistedshares.com/unlisted-shares/trl-krosaki-refractories-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
- How to evaluate an unlisted company before investing
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