Elcid Investments Limited Shares

Buy Elcid Investments Shares

Buy Now
elcid investments

 About Company:

Elcid Investments Limited was incorporated on 3.12.1981 under the provisions of Companies Act 1956 in Mumbai. The Company Identification Number (CIN) is L65990MH1981PLC025770. Elcid Investments Limited is a Non-Banking Finance Company registered with Reserve Bank of India. The shares of the Company are listed on the Bombay Stock Exchange, Mumbai. The Company is a Non-Banking Finance company and its business is to make investments in shares, debentures, mutual funds, etc.

The Company has two subsidiaries viz: Murahar Investments & Trading Company Limited & Suptaswar Investments & Trading Company Limited. Both these subsidiaries are also registered with Reserve Bank of India as a Non – Banking Finance Company.

Elcid Investments – Management:

Board of Directors 
Shri Varun A Vakil CHAIRMAN
Miss. Amrita A. Vakil
Smt. Dipika A Vakil
Shri Mahesh C Dalal
Shri Bharat B Talati
Shri Ketan C Kapadia
Smt. Ragini VakilCEO & CFO
Miss Mittal GoriCompany Secretary
and Compliance Officer

Why a Stock quoting at Rs 2/- on BSE is valued in lakhs? Lets find out:

The reason that makes Elcid Investments Shares valuable is its holding of Asian Paints Equity Shares.

As of 31st March, 2021, Elcid Investments held 2,83,13,860 Equity Shares of Asian Paints Ltd. (Image attached below).

Elcid InvestmentsSource: Elcid Investments Annual Report FY 2020-21

In addition to the holding of Asian Paints Ltd. equity shares, it also holds many other unlisted shares (unqouted securities) (Image attached below)

Elcid InvestmentsSource: Elcid Investments Annual Report FY 2020-21

Value of Elcid Investments’ Holding of Asian Paints Equity Shares:

As on 31st March, 2021, Elcid Investments held 2,83,13,860 Equity Shares of Asian Paints.
As on 31st March, 2021, Asian Paints equity shares were trading at Rs. 2537/- on NSE.

Hence Elcid Investments’ stake of Asian Paints Shares only (excluding all other investments) was valued at ~ Rs. 7,183 crores.

The stock is quoting at Rs 2/- on BSE and total outstanding shares of Elcid Investments is 2,00,000 shares (As per Annual Report FY 2020-21). Hence, at 2/- Rs per share, Elcid Investments market capitalisation is only 4,00,000 Rs! But the Elcid Investments shares are rarely traded on the stock exchange and there are only buyers for the stock and no sellers. Hence, this shares are not traded on the stock exchange but those interested in buying Elcid Investments shares can buy it from the unlisted shares market.

Elcid Investments Delisting:

Promoters of Elcid Investments had announced a floor price of Rs. 1,61,023/- per share but public shareholders rejected the bid as they felt the intrinsic value was much higher than what was offered.
The Book Value of Elcid Investments Shares as per various media publications stood as high as Rs. 4,00,000-6,00,000 per share.

You can also watch an interesting show by Zee Business attached below regarding the fair value of Elcid Investments Shares and Delisting.

 Elcid Investments Shares Details

NameElcid Investments Limited Shares
Face Value₹ 10
ISIN CodeINE927X01018
Available in DepositoryCDSL & NSDL
PANAAACE1611Q
Lot Size1 Share
Current Unlisted Share Price₹ 1,42,000 Per Equity Share
Elcid Investments Limited is a BSE Listed Company. However, due to lack of correct price discovery on the stock exchange, the shares are not/rarely traded and hence, this rarely traded shares are traded in Unlisted Shares Market/ Off Market.
*Rates and lot size mentioned above are indicative and subject-to change. Kindly check the latest rates with us.

 Elcid Investments Limited – Financials

Financial in Lakhs unless specifically mentioned
Particulars2020-212019-20
Interest Income10.520.52
Dividend Income1,527.825,389.23
Net gain on fair value changes5,759.189 0.41
Total Income7,297.525,480.16
Total Expenses95.5996.93
Profit/(loss) before tax7,201.935,383.23
Profit/(loss) for the year5,488.665,459.12
Total Comprehensive Income for the year2,23,845.591,28,296.79
EPS (In INR)2,744.332,729.56

 Elcid Investments Shares Price Chart (As per Unlisted Market)

*Rates mentioned in the chart are indicative. This are the rates at which Elcid Investments Shares were traded in Unlisted Shares Market.

 Elcid Investment Shares Trend (As per Unlisted Market)

Trend

Trend Identifier

Extremely Bullish
Bullish
Neutral
Bearish
Extremely Bearish

The trend indicator above has been derived from the current demand/supply of Elcid investment Shares (In Unlisted Market). The trend has a tendency to change anytime depending on the market conditions and other events. This indicator must not be construed as any recommendation to buy/sell/hold.

 Elcid Investments Shares Valuation (Market Capitalisation- As per Unlisted Market)

Total Number of Outstanding Shares: 2,00,000 (As per Annual Report FY 2020-21)

Market Cap Scenarios:

At 80,000 Rs/Share, Elcid Investments Shares values the company at approx. Rs. 1,600 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Elcid Investments Shares.

At 1,20,000 Rs/Share, Elcid Investments Shares values the company at approx. Rs. 2,400 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Elcid Investments Shares.

At 1,60,000 Rs/Share, Elcid Investments Shares values the company at approx. Rs. 3,200 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Elcid Investments Shares.

 Elcid Investments Limited – Shareholding


Source: Annual Report FY 2020-21

 Elcid Investments Limited – Peers

No identical peers found

 Elcid Investments Corporate Actions

Dividend

Elcid Investments Dividend:

  • FY 2021-22: Elcid Investments declared dividend of Rs.15 per equity share. Record date for the same was 22nd September,2022.

Rights

No information found for Elcid Investments Rights Issue

Buyback

No information found for Elcid Investments Buyback

Split

No information found for Elcid Investments shares split

Delisting

Elcid Investments Delisting:

  • FY 2021-22: Elcid Investment had proposed delisting at a floor price of Rs. 1,61,023 per share. However, the delisting offer was not approved by shareholders and the proposal failed

 Elcid Investments Limited – Annual Reports

 Elcid Investments Limited – News

Buy Elcid Investments Unlisted Shares

 FAQ for Elcid Investments Shares

How to buy Elcid Investments Shares?

Process of Buying Elcid Investments Shares

Get connected with us and inquire for the Elcid Investments Shares

We will quote the current prevailing market rates of the Elcid Investments Shares (Subject to availability)

If you agree on the rate and quantity, we will send our bank details. (Please note, we accept payment only through bank)

Buyer transfers the fund in our bank account and buyer also need to send their demat details (for initiating share transfer process)

Post receiving funds and demat details, we initiate transfer of Elcid Investments Shares. The shares usually gets transferred on same/next working day in your demat account

For detailed buying process, refer here

What is the minimum lot size for buying Elcid Investments Shares?

The minimum lot size for investing in Elcid Investments Shares is 1 Share

What is the lock-in period for Elcid Investments Shares?

There will be no Lock-in period here as Elcid Investments is already a listed company

What happens after the lock-in period gets completed?

No Lock-in in Elcid Investments as it is already a listed company

Is buying Elcid Investments Shares Legal?

Yes, buying Elcid Investments Shares is completely legal

How to check price of Elcid Investments Shares?

You can regularly check the updated price of Elcid Investments Shares (as per unlisted market) at our Website and on our Telegram Channel

When can we expect IPO of Elcid Investments (Elcid Investments Limited)?

Elcid Investment is already a listed company

If Elcid Investment is a listed company, why is it traded in unlisted market?

Elcid investments is a listed company but the shares are not/rarely traded on exchanges as rates quoted on the exchange is very low while its intrinsic (real) value is huge. This is the reason why Elcid Investments shares are traded in unlisted market

Where to buy Elcid Investments Shares?

At Unlisted Arena, you can buy Elcid Investments Shares and many Pre IPO Shares easily at most reasonable rates with a hassle-free process. Unlisted Arena is India’s leading dealer in Unlisted & Pre IPO Shares

How to sell Elcid Investments Shares?

We buy Elcid Investments unlisted shares. You can contact us in case of any selling and we shall help you in selling the shares

How to transfer Elcid Investments Shares?

There are two methods to transfer Elcid Investments Shares
Method 1 – Offline Transfer

In this method, you must have a Delivery Instruction Slip (DIS) book which is provided by your broker. All the demat broking companies have its own DIS book. Along with DIS, there is an annexure which is to be submitted by the seller. Annexure too is provided by the demat broking company. After filing DIS and annexure, duly signed by the seller, they are to be handed over to your respective broker. Post that, your broker will process the request and transfer the shares as per details provided

Method 2 – Online Transfer

One can also transfer shares online through E-DIS/Off Market share transfer. The client must check with their respective brokers if they provide such facility. One can also transfer shares through CDSL easiest (for CDSL Demat) and NSDL Speed-E (For NSDL Demat) after registering into it

Are Elcid Investments Shares in demat form?

Yes, Elcid Investments Shares are in demat form

Where will be Elcid Investments Shares be reflected?

Once the process is complete, Elcid Investments Shares will reflect in your demat account. The shares usually gets reflected in your Depository holdings (DP Holdings). You can check it in your stock brokers app/website. The shares are also shown on your DP transactions and holding statement

You can also check your holdings in the following:

If you have CDSL Demat Account – CDSL Myeasi app

If you have NSDL Demat Account – NSDL Speed-E

Many investors do ask ‘How to buy Elcid Investments Shares in Zerodha, Angel One, Upstox, etc?’
You can buy Elcid Investments in any demat account with any broking company

How much time will it take to get Elcid Investments Shares credited in my demat account?

When it comes to delivery of shares- Be assured as Unlisted Arena is the fastest in delivering shares. Once the process is completed, we usually deliver the shares on same day or the next working day. i.e T day or (T+1) working day

What will be the tax applicability if Elcid Investments Shares gets listed?

The tax rate will be the same as that of purchase and sale of listed shares. That is, the long term gains (shares sold after holding for more than one year) will be taxed at 10% after a threshold of Rs one lakh per financial year. Short term gains (gains on selling shares in one year or less) will be taxed at 15%

Where can I find Elcid Investments Shares price graph?

You can check the historical price trend by checking Elcid Investments Shares price graph (as per unlisted market) here
Elcid Investments Shares price chart will help you get an idea about price-action. You can also check the current trend (as per unlisted market) of Elcid Investments Shares here

How to check valuations of Elcid Investments Shares?

We have included market capitalization scenarios on our website which shows market cap/valuations of the company based on prevailing unlisted market rates. In addition, we have also mentioned total number of shares so that you can easily calculate current market cap quickly without putting much efforts. Click here to see the valuations of Elcid Investments Pre IPO shares
Quick tip: Market Cap= Total Outstanding shares x Price per share

How to check latest news and developments related to Elcid Investments Shares?

You can easily check latest developments, news related to Elcid Investments Shares on our website without any sign up or login. Click here to know about latest news and happenings

Why trust Unlisted Arena for buying Unlisted Shares and Pre IPO Shares?

Unlisted Arena is a prominent name which facilitates Unlisted Shares & Pre IPO Shares safely and securely. All the transactions are done through bank accounts where no third parties are involved. Unlisted Arena always quotes transparent rates and is also known for its fastest delivery of Unlisted Shares and Pre IPO Shares. Unlisted Arena gets featured regularly in India’s top most financial publications. You can check media coverage of Unlisted Arena here

Is Elcid Investments a Pre IPO, Unlisted or Delisted share?

Elcid Investments is already a listed company

Can NRIs buy Elcid Investments Shares?

Yes, NRIs can also buy and sell Elcid Investments Shares just like domestic investors. But their investment is on a non-repatriable basis

How is market price of Elcid Investments Shares determined?

Elcid Investments shares price (as per unlisted market) is determined by demand-supply in unlisted market. Higher the demand, higher the price and vice-versa. The rates of Unlisted Shares are also derived from its performance, corporate actions such as declaration of results, bonus, dividend, etc. Another important aspect is share price/valuation of its listed peer

What are the brokerage/charges for buying/selling Unlisted Shares/Pre IPO Shares?

At Unlisted Arena, we charge Zero Brokerage/Charges. The rates quoted by us are- net rates, i.e., you do not need to pay any brokerage or charges

How to buy Elcid Investments Shares in Zerodha/Angel broking/HDFC Securities/Upstox/ICICI Securities or any other demat account?

One can buy Elcid Investments Shares in any demat account – no matter with which broker you have a demat account. There is no need for separate/special demat account for buying Unlisted Shares

From where does Unlisted Arena source Elcid Investments Shares?

Unlisted Arena sources Elcid Investments Shares from existing investors looking to liquidate their investment

Will I get dividend, bonus on Elcid Investments Shares?

Yes, you are eligible to get dividend, bonus and/or any other corporate actions declared by the company. You need to hold the Shares in your demat account on the record date declared by the company to be eligible for such corporate actions

 Explore Other Unlisted & Pre IPO Shares

Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Youtube
Consent to display content from Youtube
Vimeo
Consent to display content from Vimeo
Google Maps
Consent to display content from Google
Spotify
Consent to display content from Spotify
Sound Cloud
Consent to display content from Sound
error: Content is protected !!