| Name | Elcid Investments Limited Shares |
|---|---|
| Sector | NBFC |
| Security Type | Listed (on BSE) |
| Face Value | ₹ 10 |
| ISIN Code | INE927X01018 |
| Available in Depository | CDSL & NSDL |
| Elcid Investments Share Price | ₹ 1,64,000 Per Equity Share |
| Lot Size | 1 Share |
| Minimum Investment | ₹ 1,60,000-1,70,000 |
| All Time High | ₹ 1,80,000 |
| All Time Low | ₹ 80,000 |
| Highlights | - BSE Listed Company, However shares are rarely traded on BSE - Holds Significant shares of Asian Paints due to which its book value stood above ₹ 4,00,000 per share |
| PAN | AAACE1611Q |
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 Vakil | CEO & CFO |
| Miss Mittal Gori | Company 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, 2022, Elcid Investments held 2,83,13,860 Equity Shares of Asian Paints Ltd. (Image attached below).
Source: Elcid Investments Annual Report FY 2021-22
In addition to the holding of Asian Paints Ltd. equity shares, it also holds many other unlisted shares (unqouted securities) (Image attached below)
Source: Elcid Investments Annual Report FY 2021-22
As on 31st March, 2022, Elcid Investments held 2,83,13,860 Equity Shares of Asian Paints.
As on 7th October, 2022, Asian Paints equity shares were trading at Rs. 3343.70/- on NSE.
Hence Elcid Investments’ stake of Asian Paints Shares only (excluding all other investments) was valued at ~ Rs. 9,467 crores.
The stock is quoting at Rs 2.31/- on BSE and total outstanding shares of Elcid Investments is 2,00,000 shares (As per Annual Report FY 2021-22). Hence, at 2.31/- Rs per share(as on 7th October, 2022). Elcid Investments market capitalisation is only 4,62,000 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.
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.
| Particulars | FY2021-22 | FY2020-21 | FY2019-20 |
|---|---|---|---|
| Interest Income | 6 .82 | 10.52 | 0.52 |
| Dividend Income | 5,313.36 | 1,527.82 | 5,389.23 |
| Net gain on fair value changes | 3,472.52 | 5,759.18 | 9 0.41 |
| Total Income | 8,792.70 | 7,297.52 | 5,480.16 |
| Total Expenses | 286.65 | 95.59 | 96.93 |
| Profit/(loss) before tax | 8,506.05 | 7,201.93 | 5,383.23 |
| Profit/(loss) for the year | 6,480.55 | 5,488.66 | 5,459.12 |
| Total Comprehensive Income for the year | 1,50,358.95 | 2,23,845.59 | 1,28,296.79 |
| EPS (In INR) | 3,240.27 | 2,744.33 | 2,729.56 |
*Rates mentioned in the chart are indicative. This are the rates at which Elcid Investments Shares were traded in Unlisted Shares Market.
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.
Total Number of Outstanding Shares: 2,00,000 (As per Annual Report FY 2021-22)
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.
No identical peers found
Process of Buying Elcid Investments Unlisted Shares
Get connected with us and inquire for the Elcid Investments Unlisted 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
The minimum lot size for investing in Elcid Investments Unlisted Shares is 1 Share
There will be no Lock-in period here as Elcid Investments is already a listed company
No Lock-in in Elcid Investments as it is already a listed company
Yes, buying Elcid Investments Unlisted Shares is completely legal
You can regularly check the updated price of Elcid Investments Unlisted Shares (as per unlisted market) at our Website and on our Telegram Channel
Elcid Investment is already a listed company
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
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
We buy Elcid Investments unlisted shares. You can contact us in case of any selling and we shall help you in selling the shares
There are two methods to transfer Elcid Investments Unlisted 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
Yes, Elcid Investments Shares are in demat form
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
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
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%
You can check the historical price trend by checking Elcid Investments Unlisted 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
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
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
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
Elcid Investments is already a listed company
Yes, NRIs can also buy and sell Elcid Investments Shares just like domestic investors. But their investment is on a non-repatriable basis
Elcid Investments Unlisted 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
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
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
Unlisted Arena sources Elcid Investments Shares from existing investors looking to liquidate their investment
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
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