What is Capricon Realty Limited?

Capricon Realty Limited (CIN: U51100MH1996PTC100126) is a Mumbai-based real estate development company incorporated in 1996. It was originally incorporated as Capricon Trading Private Limited on 10th June 1996 before transitioning to real estate development.

When was Capricon Realty Limited incorporated?

Capricon Realty Limited was incorporated on 10th June 1996 in Maharashtra as Capricon Trading Private Limited, before changing its name to reflect its real estate development focus.

What does the share price of ₹3,00,006 indicate for Capricon Realty?

An unlisted share price of ₹3,00,006 per share typically indicates that the company holds significant real estate assets or completed/under-construction projects in Mumbai's high-value property markets, with the per-share price reflecting substantial net asset value per share.

Is Capricon Realty Limited listed on any stock exchange?

No, Capricon Realty Limited is an unlisted private limited company. Its shares are not traded on BSE or NSE and are accessible only through the OTC unlisted market.

What projects does Capricon Realty develop?

Specific project details are not publicly confirmed, but as a Mumbai-based real estate developer, Capricon Realty likely focuses on residential and/or commercial real estate development projects in the Mumbai Metropolitan Region.

How do I buy Capricon Realty 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 Capricon Realty?

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 Capricon Realty 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.

Capricon Realty Unlisted Share Price | Buy Capricon Realty Pre-IPO Shares — wisefolio

Investment Thesis

Capricon Realty Limited is a Mumbai-based real estate developer incorporated in 1996 with a significant implied asset value reflected in its ₹3,00,006 per-share unlisted price. As a private limited company in one of India's most valuable property markets, it benefits from Mumbai's long-term real estate appreciation dynamics. However, limited public financial disclosures, no confirmed promoter details, and extreme share price illiquidity make this suitable only for sophisticated investors with direct access to the company's financials and project portfolio.

Pros

Incorporated in Mumbai in 1996 with nearly three decades of presence in India's most valuable real estate market — Mumbai's premium residential and commercial segments
The company's evolution from 'Capricon Trading Private Limited' to 'Capricon Realty Limited' signals a deliberate strategic shift towards real estate development as a core business
Website presence at capriconrealty.com indicates an active, commercially operating real estate developer rather than a dormant entity
Mumbai real estate market, particularly residential and commercial segments, has demonstrated strong long-term price appreciation supporting developer asset values
Extremely high unlisted share price of ₹3,00,006 per share suggests significant net asset value backed by Mumbai real estate portfolio

Cons

Very high per-share price of ₹3,00,006 makes this effectively inaccessible to most retail unlisted market investors
Real estate development in Mumbai requires navigating complex RERA regulations, BMC approvals, and long project timelines
No promoter information publicly confirmed, limiting governance assessment
Real estate development companies carry concentrated project risk — delays or cancellations on key Mumbai projects can significantly impact valuation

Business Segments

Residential Real Estate Development

Development of residential apartments, housing complexes, or luxury residential projects in Mumbai and the Mumbai Metropolitan Region

Commercial Real Estate

Development or investment in commercial office or retail real estate assets in Mumbai

Revenue Model

Capricon Realty Limited generates revenue primarily through the sale of developed residential and commercial real estate units in Mumbai. Revenue recognition follows the percentage-of-completion or completed contract method as per IndAS/RERA guidelines. Additional income may include lease rental from held properties and project management fees.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds12

Growth Plans

Mumbai's sustained urbanization and infrastructure development (Metro, coastal road) driving real estate demand in key micro-markets

RERA-mandated project transparency improving buyer confidence and sales velocity for compliant developers

Potential premium project launches leveraging Mumbai's premium residential demand

Possible restructuring into a listed entity or REIT structure to unlock value

Industry Tailwinds

Recent Developments

Mumbai real estate market buoyancy

Mumbai's residential real estate market saw strong demand and price appreciation in FY2023-24, particularly in premium and mid-market segments, benefiting Mumbai-based developers like Capricon Realty.

2023-2024

RERA compliance environment

Maharashtra RERA continued active enforcement in 2023, requiring developers to comply with project registration, escrow account, and delivery timeline mandates — impacting all active Mumbai real estate developers.

2023

Comparable Companies

CompanyTypeTickerMkt Cap

Godrej Properties LimitedListedGODREJPROP~60,000 Cr

Oberoi Realty LimitedListedOBEROIRLTY~40,000 Cr

Macrotech Developers (Lodha)ListedLODHA~1,20,000 Cr

Godrej Properties LimitedListed

GODREJPROP · ~60,000 Cr

Frequently Asked Questions

About Capricon Realty

Capricon Realty Limited is a Mumbai-based real estate company incorporated on 10 June 1996 under the Companies Act (CIN: U51100MH1996PTC100126). Registered at Sir Vithaldas Chamber, 16 Bombay Samachar Marg, Fort, Mumbai — one of Mumbai's oldest and most prestigious corporate addresses — the company is associated with the Thackersey Group, one of Mumbai's established business families. The Thackersey Group has deep roots in Mumbai's commercial history, with connections to the textile and trading industries that drove Bombay's growth in the colonial era. The group's association with real estate through entities like Capricon Realty reflects the diversification of established Bombay business families into property development during India's real estate liberalisation in the 1990s. Capricon Realty's Managing Director Tanya Raoul Thackersey leads the company, with Gautam Bhailal Doshi and Vishwadhara Vishwajit Dahanukar serving as directors. The registered address at Sir Vithaldas Chamber provides a prestigious corporate identity in Mumbai's Fort commercial district. The company's authorized capital is ₹10 lakhs and paid-up capital is ₹89,610 — an extremely small capital base for a real estate company. This micro-capital structure suggests Capricon Realty may function primarily as a project-specific special purpose vehicle (SPV) or a holding entity within the Thackersey Group's real estate portfolio, with financing arranged through project-level debt or related-party structures rather than equity capital. The AGM held in September 2023 confirms the company's continued active compliance status.

Key Milestones

Incorporated on 10th June 1996 in Mumbai as Capricon Trading Private Limited under CIN U51100MH1996PTC100126

Common questions about unlisted shares

How do I buy Capricon Realty 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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