Calcutta Stock Exchange Unlisted Shares | Latest Share Price & Updates
Company Overview
From a get together under a “Neem Tree” way back in the 1830s, Calcutta Stock Exchange emerged as the second largest bourse in the country at one point of time. The Calcutta Stock Exchange has been asked to exit its business by SEBI, but the matter is subjudice before the Calcutta High Court. In 2012, SEBI declared strict regulations for Indian regional stock exchanges which triggered the voluntary exit of about 20 exchanges, including Calcutta Stock Exchange. Since 2013, CSE experienced a halt in trading on C-STAR in 2013 and there has been no trading on the CSE trading platform.
CSE has 2 Subsidiaries:
- CSE capital markets Pvt Ltd – It provides depository services of both CDSL & NSDL. It is wholly owned subsidiary.
- Lyons Range Securities Clearing Corporations Ltd – It is yet to commence its business of a clearing corporation. It is wholly owned subsidiary.
Registered Office
The registered office off the company is located at 7, Lyons Range, Dalhousie, Kolkata-700001, West Bengal
| Symbol: | Calcutta Stock Exchange Ltd |
|---|---|
| Face Value (₹): | 1 |
| ISIN: | INE510I01013 |
| Demat Status: | NSDL & CDSL |
| Lot Size: | 20 Shares |
Board of Directors
| Name | Designation | Profile |
|---|---|---|
| Mr. Bhaskar Banerjee | Public Interest Director & Chairman of the board |  |
| Mr. Ashok Banerjee | Public Interest Director | |
| Mr. G.D. Gautama | Public Interest Director |  |
| Mr. Purushottam Saraf | Shareholder Director | |
Key Business Highlights
- One of the oldest stock exchanges of India.
- High operating margin industry.
- Investment in Calcutta Stock Exchange represent business turnaround opportunity for investors.
- CSE recently diversified into high growth clearing and depository services.Â
- CSE Shares are currently available at attractive prices.
Ratio
| Ratio | FY22 | FY21 |
|---|---|---|
| Operating Margin | 29% | 12% |
| Net Profit Margin | 1% | -8% |
| Return on Equity | 0.06% | -1% |
| Debt-Equity | 0.00 | 0.00 |
| Current Ratio | 1.37 | 1.85 |
| Dividend Payout | 0% | 0% |
Financial Highlights
| Particulars | 2021-22 | 2020-21 | 2019-20 | 2018-19 | 2017-18 |
|---|---|---|---|---|---|
| Total Income (₹ Crores) | 16.75 | 15.71 | 16.52 | 20.68 | 31.34 |
| PAT (₹ Crores) | 0.11 | -1.21 | -2.17 | 1.84 | 15.38 |
| Diluted EPS | 1.84 | -19.84 | -35.46 | 30.04 | 15.73 |
| Book Value per Share (₹) | 3,076.96 | 2,947.78 | 2,917.15 | 2,923.43 | 2,854.70 |
| Equity (₹ Crores) | 190.39 | 182.39 | 180.50 | 180.89 | 176.63 |
Peer Comparison
| Company | Market Cap (₹ Crores) | Profitability Margin (%) | ROCE (%) | ROE (%) | D/E Ratio | P/E Ratio | P/B Ratio | Book Value per Share (₹) |
|---|---|---|---|---|---|---|---|---|
| Calcutta Stock Exchange (CSE) | 58 | 1% | 2% | 0.06% | 0.00 | 508.15 | 0.30 | 3076.96 |
| Bombay Stock Exchange (BSE) | 7685 | 24% | 8% | 10% | 0.00 | 51.00 | 4.81 | 206.26 |
Media Updates
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Frequently Asked QuestionsÂ
The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.Â
The procedure to buy the Calcutta Stock Exchange unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller.Â
When the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day.Â
In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved. Â
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The Calcutta Stock Exchange shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.
The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size for Calcutta Stock Exchange Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.in Â
There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares.Â
Before IPO, there is no restriction on sale and transfer of your Calcutta Stock Exchange unlisted shares.Â
But once the shares are listed on the stock exchange, for retail investors, there is a minimum lock-in period 6 months after listing on the stock exchange. Â
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Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds will be released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares.Â
If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor.Â
If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.
The trading in unlisted shares is governed by Securities & Contract (Regulation) Act, which comes under the preview of SEBI. The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors.Â
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The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange.Â
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Yes, NRI’s can also buy and sell Calcutta Stock Exchange unlisted shares just like domestic investors. But their investment is on a non-repatriable basis.Â
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