What does Calcutta Security Printers Limited do?

Calcutta Security Printers Limited is engaged in security printing and ID solutions. Security printing involves producing documents and items that are difficult to counterfeit, such as certificates, identity documents, stamps, and related materials. The company is headquartered in Kanpur, Uttar Pradesh.

When was Calcutta Security Printers Limited incorporated?

Calcutta Security Printers Limited was incorporated on 15 March 1972 and is registered under CIN L22210UP1972PLC030031 in Uttar Pradesh.

Why is Calcutta Security Printers Limited based in Kanpur if it has 'Calcutta' in its name?

The company was originally associated with Calcutta (now Kolkata) but is now headquartered in Kanpur, Uttar Pradesh. This is a legacy naming convention common among older Indian companies that were registered in one city but later shifted operations or headquarters.

Is Calcutta Security Printers Limited listed on any stock exchange?

Calcutta Security Printers Limited is an unlisted public limited company. Its shares are not traded on BSE or NSE, and it is available only in the unlisted market at approximately ₹225 per share.

How do I buy Calcutta Security Printers 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 Calcutta Security Printers?

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 Calcutta Security Printers 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.

Calcutta Security Printers Unlisted Share Price | Buy Calcutta Security Printers Pre-IPO Shares — wisefolio

Investment Thesis

Calcutta Security Printers Limited is a legacy Kanpur-based security printing company with over 50 years of history. The company operates in a niche but increasingly challenged segment as India's digitization push reduces demand for physical secure documents. With no ISIN or website publicly available, investor visibility is very limited, though the ₹225 share price suggests the company retains some operational value.

Pros

ISIN INE802F01010 confirmed; revenue ₹28.25 Cr (FY23) — active security printing company with meaningful scale.
Security printing is a regulated, high-barrier niche: postage stamps, postal stationery, cheques, drafts, bonds — government/banking sector clientele.
L-prefix CIN (L22210UP1972PLC030031) — listed (exchange-regulated) with 52+ years of printing heritage.
Security printing clients (government, banks) typically provide stable, recurring revenue streams.

Cons

Authorized ₹1 Cr vs ₹28.25 Cr revenue — very thin authorized capital relative to operational scale.
Promoter holding only 37.96% with 62.05% public float — relatively low promoter skin-in-the-game.
Security printing for physical cheques and postal stationery faces structural decline as digital payments and e-communications grow.
Net worth only ₹6.98 Cr vs ₹28.25 Cr revenue — thin equity cushion; moderate financial vulnerability.

Business Segments

Security Printing

Printing of postage stamps, postal stationery, cheques, bank drafts, bonds, and other security documents for government and banking sector clients.

Revenue Model

Calcutta Security Printers Limited earns revenue by providing security printing services for documents such as certificates, identity documents, and other secure printed materials requiring specialized anti-counterfeiting technologies.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

Growing demand for physical security documents in rural areas and for government certificates not yet fully digitized

Potential government contracts for printing of institutional documents and certificates

Industry Tailwinds

Growing demand for physical security documents in rural areas and for government certificates not yet fully digitized

Potential government contracts for printing of institutional documents and certificates

Recent Developments

Calcutta Security Printers revenue up 29% to ₹28.25 Cr; profit up 166%

Strong FY2023 performance with revenue growth of 29.17% to ₹28.25 crore and profit growth of 166.4% — demonstrating strong operating leverage and growing demand for ID card printing solutions.

FY2023

Comparable Companies

CompanyTypeTickerMkt Cap

Security Printing and Minting Corporation of IndiaListedUnlisted (GoI)—

Security Printing and Minting Corporation of IndiaListed

Unlisted (GoI)

Frequently Asked Questions

About Calcutta Security Printers

Calcutta Security Printers Limited is a Kanpur, Uttar Pradesh-based security printing and identity solutions company incorporated on 15 March 1972 (CIN: L22210UP1972PLC030031). Despite its name referencing Calcutta (now Kolkata), the company is registered and headquartered in Kanpur — likely reflecting its founding-era commercial relationships with Calcutta's business community. The company is listed on IndiaMART as a manufacturer of ID card printers, suggesting a core business in security printing equipment and solutions. Security printing is a specialised segment covering the manufacture of documents, IDs, and printed materials that incorporate anti-counterfeiting features. Applications span government-issued identity cards, driving licences, educational certificates, medical records, and institutional identity systems. India's push for digital identity — from Aadhaar integration to Smart Card implementations — has created sustained demand for high-quality ID card printing infrastructure. The company reported revenues of ₹28.25 crore in FY2023, a 29.17% year-on-year increase, with profit growing 166.4% in the same period. This strong revenue and profit growth trajectory suggests the company is winning institutional orders in the identity solutions space. Management includes Vaibhav Bhargava as CEO, Deepak Bhargava as Managing Director, and Arvind Kumar Bhargava as Director — the Bhargava family appears to hold key management positions. The company employs 76 professionals as per available data. With paid-up capital of approximately ₹6.98 crore (net worth), Calcutta Security Printers is a focused, niche-scale manufacturer with profitable growth. The company's delisted status (previously listed on a stock exchange) means shares are currently traded only on secondary OTC markets.

Key Milestones

Incorporated December 15, 1972 in Kanpur, Uttar Pradesh (CIN: L22210UP1972PLC030031)

Common questions about unlisted shares

How do I buy Calcutta Security Printers 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?

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