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

Credit Rating (CRISIL)
CARE BB
Rates the company's debt-servicing ability — not the quality or value of its shares.
Rated: 2 Apr 2026
View Full Report52-Week Range
Valuation
Financials (FY2024)
Source: CRISILInvestment Thesis
BS Limited is a small, unlisted steel and metal products company incorporated in Hyderabad in 2004. The share price of ₹1 at face value and absence of any public-facing information suggest limited current operational activity. While the steel sector has positive long-term demand drivers, this specific company carries very high information risk and is best avoided without thorough independent verification of its financial and operational status.
Pros
Cons
Business Segments
Power Infrastructure Services
SITC and infrastructure services for power distribution and transmission networks.
Telecom Services
Telecom infrastructure installation, testing, and commissioning services.
Steel Manufacturing (Historical)
Classified under basic iron and steel manufacturing (NIC: L27109); may have transitioned to services.
Revenue Model
BS Limited operates in the steel and metal products sector, potentially generating revenue from manufacturing and selling steel products such as structural steel, bars, rods, sheets, or fabricated metal components to industrial and construction clients in the Telangana/Andhra Pradesh region. Given the minimal public data, the current operational status and revenue scale are unconfirmed.
Detailed Analysis
Growth Plans
India's infrastructure and construction boom could benefit steel product manufacturers
Potential revival or restructuring of operations
Industry Tailwinds
India's infrastructure and construction boom could benefit steel product manufacturers
Potential revival or restructuring of operations
Recent Developments
The company was previously listed on a stock exchange but has since been delisted. Current operational status and financial performance are not available in public databases.
Post-2004Frequently Asked Questions
About BS Limited
BS Limited is a Hyderabad, Telangana-based steel manufacturing company incorporated in 2004 under the Companies Act (CIN: L27109TG2004PLC042375). The company is registered in the Banjara Hills commercial district of Hyderabad — one of the city's most prominent business addresses. BS Limited operates in the steel and metal products manufacturing sector under NIC code 27109, which covers other iron and steel primary forms. The company was originally listed on a stock exchange (indicated by the 'L' CIN prefix and known delisting status) but has since been delisted. Delisting can occur voluntarily (promoters buying back public shares) or involuntarily (exchange action for non-compliance). In either case, delisted companies' shares continue to exist but cannot be traded on the exchange — they become effectively unlisted and trade only on secondary OTC markets. BS Limited had an authorized capital of ₹50 crore and paid-up capital of approximately ₹44.17 crore — a substantial equity base indicating meaningful historical investment in the business. The steel manufacturing sector in Telangana and Andhra Pradesh has benefited from proximity to iron ore deposits and established industrial corridors, though it faces significant competition from large integrated steel players. The Hyderabad Banjara Hills registered address is somewhat unusual for a steel manufacturer, as steel plants typically operate from industrial areas, suggesting the registered office may be a corporate/administrative office rather than the manufacturing facility location. Steel manufacturing in Telangana has historically served construction, infrastructure, and automotive sectors, with smaller manufacturers occupying the long products (TMT bars, wire rods) and special steel niches.
Key Milestones
Incorporated 2004 in Hyderabad, Telangana (CIN: L27109TG2004PLC042375)
Common questions about unlisted shares
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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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Industry Headwinds
Possible dormant or non-operational status given face-value share price
No visible brand, product, or client presence
Sector dominated by large integrated steel players
Delisted from stock exchange — may indicate governance issues, financial distress, or promoter buyout
Source: Media Reports / Public Records
No current financial data available — revenue and profitability cannot be assessed
Source: Company Financial Filings
Share price at ₹1 (face value) and absence of public disclosures suggests the company may have limited or dormant operations.
The steel and metal products sector in India is dominated by large integrated producers. Small unbranded steel companies face severe competition on price and scale.
No website, no known brand, and no public financial data make due diligence extremely difficult.
With shares at ₹1 and no active market presence, secondary market liquidity is near zero.
Registered at Trendset Towers, Banjara Hills, Hyderabad; authorized Rs.50 Cr, paid-up Rs.44.17 Cr
Operations in power infrastructure and telecom services
Last balance sheet filed March 31, 2018 — 7+ years without MCA compliance