DSE Estates Limited Unlisted Shares (Formerly Delhi Stock Exchange Ltd) | Latest Share Price & Updates
Company Overview
DSE ESTATES LIMITED (formerly known as Delhi Stock Exchange Limited (DSE)) is a non-government company located in Delhi. It offers capital market-related services in the segments, such as cash, equity derivative, currency derivative, Depository Participant (DP), and public issues desk. Previously, the company used to provide securities trading platforms of other stock exchanges to its members through its sub-brokers. Currently, the company is in the broking business only where it offers a platform to its customers to trade in the different segments like derivative and cash.Â
DSE is one of the oldest Stock Exchanges in the country established in 1947, the year of Indian Independence. Since then, it has played a key role in the development of the economy by facilitating investments in different sectors, thereby creating a reasonably encouraging equity cult in the northern belt of India.
DSE, from its inception, has been helping the companies around, in terms of the creation of capital and net worth. It has contributed in its inimitable way, to spreading financial literacy amongst the larger populace. During the year 2007-08, DSE successfully completed the demutualization process with a minimum public holding of 51%.
DSE has set an ambitious path of reviving its trading operations soon backed by global technology and skills matching the best in the Industry. DSE would soon regain its position as the premier active Stock Exchange in India. DSE intends to channel its productive resources toward contributing significantly to the growth of the Capital Market in India.
| Symbol: | Delhi Stock Exchange Ltd. |
|---|---|
| Face Value (₹): | 1 |
| ISIN: | INE275I01021 |
| Demat Status: | NSDL & CDSL |
| Lot Size: | 800 |
Products and Services
DSE Estates Limited is engaged in the business of renting and leasing of commercial properties
DSE Estates Limited through its subsidiary DSSL is providing a trading platform to the members of DSE in National Stock Exchange and Bombay Stock Exchange for Cash and F&O segments. DSSL is also a depository participant of CDSL providing the depository facilities to its clients.
Subsidiary Company:Â Delstox Stocks And Shares Limited
Delstox Stocks And Shares Limited 100 % Subsidiary of DSE Estate Ltd. providing a trading platform to the members of DSE in National Stock Exchange and Bombay Stock Exchange for Cash and F&O segments. DSSL, also a depository participant of CDSL provides the depository facilities to its clients.
During the FY 2020 the gross revenue from operations and profit after tax shot up by 485% to ` 80.25 Lakhs in 2019-20 as against ` 13.72 Lakhs last year.
Board of Directors:
| Name | Designation | Profile |
|---|---|---|
| Mr. Vijay Bhushan | Chairman |  |
| Mr. Mahender Kumar Gupta | Director | |
| Mr. Vinod Kumar Goel | Director |  |
| Mr. Hans Raj Kapoor | Director | |
DSE Estates Limited has no plans to bring an IPO as on 31st March 2020.
Business Model
DSSL provides a trading platform to the members of DSE in National Stock Exchange and Bombay Stock Exchange for Cash and F&O segments.
DSSL is a depository participant (DP) of Central Depository Services Limited (CDSL) that provides the depository facilities to its clients.
Future Prospects
GDP (growth in nominal GDP): Nominal GDP in India is estimated to grow at 8.0%-10.0% over the next 5 years.Â
Market capitalization as % of GDP: It is estimated that in the next five years, market cap to GDP stays flat (i.e. 0% CAGR) or experiences modest growth (1.0%-2.0% CAGR).Â
Wealth in India is expected to grow at a CAGR of 11.7% till FY25 and is likely to nearly double to Rs.8,11,293 bn by FY25 and Financial assets are expected to form almost 63.0% of the total individual assets by FY25 vs 57.0% in FY20
Key Highlights
- DSE has an asset-light business and thus is scalable. The number of De-mat accounts for the company has increased to 3350 in FY20 from 3237 in FY18Â
- Business is agile to meet growing customer needs. DSE provides the trading platform on NSE & BSE in cash segment
- Only 3.0% of the total Indian population is investing in the market and with the rise in the Indian population actively investing in the market, a huge opportunity opens up to cater to this demand.
- Company has great opportunity to grow in currency, commodity & bullion market
- In November 2020, two MOUs were signed—one between India International Exchange (India INX) and Luxembourg Stock Exchange and another between State Bank of India and Luxembourg Stock Exchange for cooperation in financial ser-vices, ESG (environmental, social and governance) and green finance in the local market.
Ratio
| Ratio | FY22 | FY21 |
|---|---|---|
| Operating Margin | 64% | 44% |
| Net Profit Margin | 54% | 35% |
| Return on Equity | 6% | 2% |
| Debt-Equity | 0.00 | 0.00 |
| Current Ratio | 15.57 | 19.02 |
| Dividend Payout | 0% | 0% |
Note:-Â Dividend payout = Total Dividend/Net Income.
It indicates, how much % of its Net Income, the company is paying out as dividend to its Shareholders.
Financial Highlights
| Particulars | 2021-22 | 2020-21 | 2019-20 | 2018-19 | 2017-18 |
|---|---|---|---|---|---|
| Total Income (₹ Crores) | 9.78 | 5.24 | 6.09 | 4.11 | 4.52 |
| PAT (₹ Crores) | 5.26 | 1.85 | 2.64 | 0.92 | 0.48 |
| Diluted EPS | 1.73 | 0.61 | 0.87 | 0.30 | 0.16 |
| Book Value per Share (₹) | 29.36 | 27.62 | 27.01 | 26.14 | 25.83 |
| Equity (₹ Crores) | 88.79 | 83.53 | 81.68 | 79.04 | 78.12 |
Financial Charts
Historical Chart
Shareholding Pattern
Peer Comparison
| Company | Market Cap (₹ Crores) | Profitability Margin (%) | ROCE (%) | ROE (%) | D/E Ratio | P/E Ratio | P/B Ratio | Book Value per Share (₹) |
|---|---|---|---|---|---|---|---|---|
| DSE Estates Ltd | 51 | 54% | 7% | 6% | 0.00 | 9.83 | 0.58 | 29.36 |
| Bombay Stock Exchange (BSE) | 7685 | 24% | 8% | 10% | 0.00 | 51.00 | 4.81 | 206.26 |
Media Updates
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Frequently Asked Questions
The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.Â
The procedure to buy the Delhi 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
The Delhi 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 Delhi Stock Exchange Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.inÂ
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
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,1992. 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
Yes, NRI’s can also buy and sell Delhi Stock Exchange unlisted shares just like domestic investors. But their investment is on a non-repatriable basis.Â
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