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Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

52-Week Range
Valuation
Investment Thesis
Asscher Enterprises Limited is a small Mumbai-based unlisted trading company with over three decades of operational history. Limited public information makes detailed analysis difficult. Investors should exercise caution and conduct thorough due diligence via MCA filings before investing.
Pros
Cons
Business Segments
Trading & Distribution
Trading and distribution of goods and products; formerly operated as Indian Seamless Metal Tubes in steel pipe manufacturing.
Revenue Model
Asscher Enterprises Limited generates revenue through the buying and selling of commodities and general trade goods. As a trading company, margins depend on price differentials, volume throughput, and sourcing efficiency rather than manufacturing value-add.
Detailed Analysis
Growth Plans
Rising domestic consumption driving commodity demand
Potential diversification into higher-margin product categories
India's growing manufacturing base increasing industrial commodity trade
Possible future listing to improve capital access and visibility
Industry Tailwinds
Recent Developments
India's domestic commodity trading sector continues to see activity driven by manufacturing and infrastructure demand, benefiting mid-size trading firms.
2024-01Comparable Companies
MMTC · ~3,000 Cr
Frequently Asked Questions
About Asscher Enterprises Limited
Asscher Enterprises Limited is a Mumbai-based trading and distribution company incorporated in 1994. The company is engaged in trading activities, acting as an intermediary in the distribution of goods across various commodity and product categories. Trading companies of this type serve a critical intermediary function in India's complex distribution landscape, connecting manufacturers with end buyers, providing logistics coordination, and offering credit facilities to facilitate transactions. Mumbai's position as India's financial and trading capital makes it the natural base for such enterprises, with access to port infrastructure, warehousing, and established buyer-seller networks. Asscher Enterprises has operated for three decades through multiple business cycles, reflecting operational resilience. As a private company, detailed financial disclosures are limited. Investors considering this company should undertake thorough due diligence on the trading book composition, client concentration, and credit risk from trade receivables. Trading companies typically operate on thin margins with high revenue volumes, making financial analysis of margins and return on equity important metrics.
Key Milestones
Incorporated 1994 in Mumbai, Maharashtra (CIN: U51900MH1994PLC082345)
Formerly operated as Indian Seamless Metal Tubes — seamless steel pipe manufacturer
Common questions about unlisted shares
You buy from and sell to the wisefolio desk — shares route through the desk's demat, money-in before shares-out.
You enquire
· Takes 2 minutesTell us the company and quantity you want. Share your demat details so we can settle directly into your account.
We source & quote
· Typically within 1 business dayOur desk sources the shares and comes back with a firm price and an allocation for the quantity available.
You accept the allocation
· Quote valid for 3 daysReview the price, quantity and total. Accept to lock the allocation. The quote is valid for a short window before it needs re-pricing.
You transfer the funds
· Pay within 2 days of acceptingPay by direct bank transfer to the desk's published account — never to a personal account. We confirm receipt and begin the transfer.
Shares reach your demat
· Usually credited within 2–3 business daysOnce payment is verified, the shares are transferred from the desk's demat into yours, and you receive a transfer confirmation.
A principal desk for unlisted & pre-IPO shares — you transact with us, not a stranger.
You enquire
Takes 2 minutes
We source & quote
Typically within 1 business day
You accept the allocation
Quote valid for 3 days
You transfer the funds
Pay within 2 days of accepting
Shares reach your demat
Usually credited within 2–3 business days
Unlisted shares are illiquid and carry higher risk. Pricing is indicative, not live, and these are private off-market transactions with no exchange settlement guarantee. Read the full risk disclosure.
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Rising domestic consumption driving commodity demand
Potential diversification into higher-margin product categories
India's growing manufacturing base increasing industrial commodity trade
Possible future listing to improve capital access and visibility
Industry Headwinds
Commodity price downturns compressing margins
Increasing competition from large organized trade platforms
Limited access to growth capital as an unlisted entity
Trading companies face structural disintermediation risk from B2B digital platforms
Source: AlphaHub Research
Thin trading margins with high transaction volumes create operational risk
Source: Company Financial Filings
Very limited public financial disclosures
Source: Media Reports / Public Records
Small scale with concentrated ownership
Source: Media Reports / Public Records
Trading margins are highly sensitive to fluctuations in commodity prices, which can compress or expand profitability unpredictably.
General and commodity trade is highly fragmented with intense competition from both organized and unorganized players.
As an unlisted company, limited public financial disclosures increase due diligence risk for potential investors.
Trading businesses are exposed to counterparty credit risk, particularly when extending credit to buyers.
Unlisted status means secondary market transactions may be difficult, limiting investor exit options.
PTC · ~3,500 Cr
MSTC · ~2,500 Cr
Rebranded/restructured as Asscher Enterprises Limited; website active at asscherent.com
ISIN INE390E01019 maintained through corporate restructuring