What is Best and Crompton Engineering Limited?

Best and Crompton Engineering Limited is a Chennai-based public limited company incorporated in 1956, engaged in the manufacturing of engineering and industrial equipment. The company was historically known for industrial motors, pumps, and electrical equipment in India.

Is Best and Crompton Engineering still operational?

The company's current operational status is unclear. The share price of ₹0.01 suggests extreme financial distress or dormancy. Investors should verify current status through MCA filings or NCLT records.

What is the history of Best and Crompton Engineering?

Best and Crompton Engineering Limited was incorporated in 1956 in Tamil Nadu as part of India's early industrial expansion. It manufactured industrial engineering equipment including motors and pumps, serving Indian industry during the post-independence growth era.

Is Best and Crompton Engineering listed on a stock exchange?

No, Best and Crompton Engineering Limited is unlisted. Its CIN L29221TN1956PLC000204 indicates it was originally incorporated in Tamil Nadu as a public limited company. It may have been previously listed and subsequently delisted or moved to the unlisted category.

What is the share price of Best and Crompton Engineering?

The quoted unlisted market price is approximately ₹0.01 per share, which is near-zero and indicates the stock has no meaningful market value. This represents an extremely high-risk investment with near-certain capital loss.

Who founded Best and Crompton Engineering?

Best and Crompton Engineering Limited was established in 1956, drawing on the lineage of British engineering firms that had operations in colonial India. The company was incorporated in Tamil Nadu and built its operations in Chennai (then Madras).

How do I buy Best & Crompton Engineering unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Best & Crompton Engineering?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Best & Crompton Engineering shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Best & Crompton Engineering Unlisted Share Price | Buy Best & Crompton Engineering Pre-IPO Shares — wisefolio

Investment Thesis

Best and Crompton Engineering Limited is under liquidation with no operations since 2012. Loss-making at time of insolvency, equity value nil.

Pros

L-prefix CIN (L29221TN1956PLC000204) — was listed on exchange; incorporated 1956 with 68 years of engineering heritage.
Diversified 7-segment engineering business: fabrication, castings, pumps, machinery, projects, real estate, others — broad industrial portfolio.
Ambattur Industrial Estate, Chennai location — Tamil Nadu's major manufacturing cluster with deep engineering talent pool.
Significant capital base: authorized Rs.187.5 Cr, paid-up Rs.161 Cr — large-scale engineering company.

Cons

Under Liquidation — last balance sheet filed March 31, 2012; over 13 years without MCA filings.
Last reported loss of Rs.20.6 Cr on revenue of Rs.36.1 Cr (FY12) — loss-making before liquidation.
No active operations; equity shareholders face near-zero recovery in liquidation waterfall.
Heavy engineering is capital-intensive with high fixed costs; sustained losses led to insolvency.

Business Segments

Fabrication

Heavy metal fabrication for industrial applications.

Castings

Foundry and casting operations for engineering components.

Pumps

Manufacture of industrial pumps and fluid handling equipment.

Machinery Manufacturing

General machinery manufacturing division.

Projects

Engineering projects and EPC activities.

Real Estate

Revenue Model

Best and Crompton Engineering Limited historically generated revenue through the manufacture and sale of industrial engineering equipment, including electric motors, pumps, and related electrical products to Indian industries. Revenue was derived from both capital equipment sales and after-sales service/spare parts. Current operational and revenue status is unknown given the near-zero share price.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds7

Growth Plans

Sale or redevelopment of factory land/premises could theoretically generate some residual value

Reverse merger or corporate restructuring by a strategic buyer is a remote possibility

Industry Tailwinds

Sale or redevelopment of factory land/premises could theoretically generate some residual value

Reverse merger or corporate restructuring by a strategic buyer is a remote possibility

Recent Developments

Near-Zero Share Price Indicates Distress

The unlisted share price of ₹0.01 per share is a strong indicator of severe financial distress or complete operational cessation. No recent operational updates or financial disclosures are publicly available.

Comparable Companies

CompanyTypeTickerMkt Cap

Kirloskar Electric CompanyListedKECL~400 Cr

BHELListedBHEL~35,000 Cr

Crompton Greaves Consumer ElectricalsListedCROMPTON~18,000 Cr

Kirloskar Electric CompanyListed

KECL · ~400 Cr

Frequently Asked Questions

About Best & Crompton Engineering

Best and Crompton Engineering Limited is a Chennai-based engineering company incorporated in 1956, with roots tracing to the industrial manufacturing era of post-independence India. The company was engaged in the manufacture of industrial equipment and engineering products from its Tamil Nadu facilities. Registered at the Registrar of Companies, Chennai, it operated for several decades in the capital goods and industrial engineering sector. The company is currently under liquidation proceedings, indicating that it has been admitted under the Insolvency and Bankruptcy Code (IBC) or a predecessor insolvency framework, and the corporate insolvency resolution process has not resulted in a successful revival or acquisition. A liquidator appointed by the National Company Law Tribunal (NCLT) is overseeing the wind-down and asset monetisation process. Best and Crompton Engineering was established in 1956 during India's industrialisation push under the Five-Year Plans. Engineering companies of this vintage produced pumps, motors, industrial machinery, and related capital goods for India's expanding manufacturing base. Over time, competition from larger integrated manufacturers and challenges in accessing capital and technology upgrades created headwinds for mid-sized engineering companies of this type. Tamil Nadu, particularly Chennai, has been a significant engineering and auto components manufacturing hub in India. However, Best and Crompton Engineering's journey to liquidation reflects the broader challenges faced by legacy engineering companies unable to modernise sufficiently to compete with newer, technology-intensive manufacturers. For investors, shares of companies under liquidation carry near-zero recovery prospects for equity holders.

Key Milestones

Incorporated April 1, 1956 in Chennai, Tamil Nadu (CIN: L29221TN1956PLC000204)

Common questions about unlisted shares

How do I buy Best & Crompton Engineering unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

Best and Crompton Engineering Limited

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