UP Asbestos Limited Unlisted Shares|Latest Share Price & Updates

Buy

₹ 60

Sell

₹ 82

Under Valued

Company Overview

UP Asbestos Ltd incorporated in 1974 is engaged in manufacturing and sales of asbestos cement and asbestos fibers cement sheet..It has it manufacturing units located at Lucknow and Dadri. UPAL has recently entered into supply of Coloured Profile Steel Sheets, Electrical Cables, Paints and Allied Products.  UP Asbestos Ltd are listed on MSEI (Metropolitan Stock Exchange of India Ltd) – Symbol “UPAL“.

Symbol:U.P. Asbestos Ltd
Face Value (₹):
ISIN: INE181C01016
Demat Status:NSDL & CDSL BOTH
Lot Size:

Board of Directors:

NameDesignationProfile
Mr. Nitin MajmudarDirectorlinkedin
Mr. Paras Nath SinghDirectorNA Final 1
Mr. Qamar Syed WajahatDirectorNA Final 1
Mr. Mala AgrawalDirectorNA Final 1
Mr. Priyank TayalWholetime Directorlinkedin
Mr. Amitabh TayalManaging DirectorNA Final 1

Key Highlights

  • UP Asbestos Ltd (UPAL) is the Indian largest manufacturer of fiber sheets since 1973. The company also has 30 MW installed capacity of power and 20 MW thermal power capacity. 
  • UPAL has over 6% market share of the AC sheets market and this share is growing.
  • UPAL is building fully automated manufacturing plants to reduce costs and standardised products.
  • Low financial leverage with stable sales and net profits 
  • UPAL has just ventured into new products with very high potential like coloured profile steel sheets.

Ratio

RatioFY22FY21
Operating Margin8%7%
Net Profit Margin2%2%
Return on Equity 4%4%
Debt-Equity0.990.87
Current Ratio1.421.86
Dividend Payout0%0%

Financial Highlights

Particulars2021-222020-212019-202018-192017-18
Total Income (₹ Crores) 196.21209.83169.17159.62159.76
PAT (₹ Crores) 4.424.392.151.183.52
Diluted EPS 4.864.822.361.303.86
Book Value per Share (₹) 117.58112.79107.86105.70104.50
Equity (₹ Crores) 107.47103.0998.5996.6195.52

Financial Charts

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Historical Charts

 

Shareholding Pattern

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Peer Comparison

CompanyMarket Cap (₹ Crores)Profitability Margin (%)ROCE (%)ROE (%)D/E RatioP/E RatioP/B RatioBook Value per Share (₹)
U.P. Asbestos Ltd 772%9%4%0.9917.280.71117.58
JK Lakshmi Cement Ltd99719%19%19%0.7412.062.22215.11
JP Associate Ltd2405-29%-3%-19%0.95-1.650.3226.03

Media Updates

Frequently Asked Questions

The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.

The procedure to buy the UP Asbestos 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. 

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. 

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.  

 

The UP Asbestos 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 UP Asbestos Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.in  

 

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. 

Before IPO, there is no restriction on sale and transfer of your UP Asbestos unlisted shares. 

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.  

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. 

 

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. 

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.

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. 

Yes, NRI’s can also buy and sell UP Asbestos unlisted shares just like domestic investors. But their investment is on a non-repatriable basis. 

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