What is the history of Carbo Ceramics Limited?

Carbo Ceramics Limited (CIN: L26999WB1902PLC001537) was incorporated in 1902 in West Bengal, making it one of India's oldest registered companies. The company's name was changed to Midnapore Commercial Company Limited in 1965, and it historically operated as selling agents for yarn, jute, and graphite — key commodities in Bengal's colonial-era economy.

What does Carbo Ceramics Limited currently do?

Current operations are not clearly defined in public disclosures. Historically the company dealt in yarn, jute, and graphite as a selling agent. Whether ceramics or mineral product manufacturing remains an active line cannot be confirmed without recent MCA filings.

When was Carbo Ceramics Limited incorporated?

Carbo Ceramics Limited was incorporated in 1902 under CIN L26999WB1902PLC001537, making it over 120 years old and among the earliest companies registered in India.

Is Carbo Ceramics Limited currently listed or unlisted?

Carbo Ceramics Limited is currently classified as unlisted. Despite the 'L' prefix in its CIN (which in older companies may not strictly denote listed status), the company trades in the OTC unlisted market at approximately ₹55 per share.

What is the significance of the Midnapore Commercial Company Limited name?

In 1965, the company changed its name to Midnapore Commercial Company Limited, reflecting its operational base in the Midnapore district of West Bengal. Midnapore is historically significant for graphite, mineral, and agricultural commodity trading in Bengal.

How do I buy Carbo Ceramics 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 Carbo Ceramics?

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 Carbo Ceramics 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.

Carbo Ceramics Unlisted Share Price | Buy Carbo Ceramics Pre-IPO Shares — wisefolio

Investment Thesis

Carbo Ceramics Limited is one of India's oldest registered companies, incorporated in 1902 in West Bengal with a history spanning colonial-era commodity trading in yarn, jute, and graphite. With a 1965 name change to Midnapore Commercial Company Limited and a current ceramics sector classification, its business trajectory is unclear. The ₹55 unlisted price and no available ISIN or financial disclosures make this suitable only for historically curious or deep-value investors willing to conduct thorough MCA due diligence. Current operational status and commercial viability are uncertain.

Pros

One of the oldest incorporated companies in India, with roots dating back to 1902 during the British colonial era — over 120 years of legal corporate existence
Kolkata-based legacy trading and manufacturing entity with historical connections to Bengal's jute, graphite, and yarn industries — sectors that built India's early industrial economy
West Bengal's graphite and mineral resources provide a natural raw material base for ceramics and non-metallic mineral product manufacturing
The company's long history through multiple business transformations demonstrates institutional resilience and corporate continuity
Low share price of ₹55 may represent an entry point if the company holds legacy assets or real estate with unrealized value

Cons

Company underwent a significant name change to 'Midnapore Commercial Company Limited' in 1965, suggesting the current operating identity and historical identity may be misaligned
Original businesses (yarn, jute, graphite selling agency) are largely disrupted industries in modern India's manufacturing landscape
No clear public information available on current active operations, revenue, or products — the company may be dormant or operating at minimal scale
The website listed (carbo-ceramics.com) may relate to a US-based oilfield proppants company rather than this Indian entity, requiring verification

Business Segments

Ceramics & Non-Metallic Mineral Products (Current Classification)

Classified under ceramics and non-metallic mineral products manufacturing, possibly including graphite-based products or industrial ceramics

Trading — Yarn & Jute (Historical)

Historical selling agency business for yarn and jute — Bengal's traditional textile raw materials industry

Graphite Trading & Distribution (Historical)

Historical selling agent role for graphite, West Bengal's key mineral resource, used in industrial and metallurgical applications

Revenue Model

Carbo Ceramics Limited's historical revenue model was commission-based selling agency for yarn, jute, and graphite commodities. Current revenue model, if any, may involve trading in ceramics or non-metallic mineral products, or holding/managing legacy commercial assets from its Midnapore-area operations. Without recent financial disclosures, the active revenue model cannot be confirmed.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds10

Growth Plans

Graphite's increasing industrial importance (EV batteries, electrodes) could revive demand for West Bengal-based graphite operations if historical expertise is leveraged

Legacy real estate or commercial properties in Midnapore or Kolkata may hold unrealized asset value

Potential acquisition target for a ceramics or mineral products company seeking a registered entity with legacy history

Industry Tailwinds

Recent Developments

Legacy operations continuity

No publicly announced new business initiatives, partnerships, or corporate actions for Carbo Ceramics Limited have been identified. The company continues as an unlisted entity in its registered classification.

2024

Comparable Companies

CompanyTypeTickerMkt Cap

Graphite India LimitedListedGRAPHITE~9,000 Cr

Orient Bell LimitedListedORIENTBELL~800 Cr

Somany Ceramics LimitedListedSOMANYCERA~1,500 Cr

Graphite India LimitedListed

GRAPHITE · ~9,000 Cr

Frequently Asked Questions

About Carbo Ceramics

Carbo Ceramics Limited is one of India's oldest companies, incorporated on 2 October 1902 in Kolkata with CIN L26999WB1902PLC001537. At over 122 years old, it ranks among the oldest continuously operating commercial enterprises in India, predating Indian independence by 45 years. Registered at 31 Chowringhee Road, Kolkata 700016 — one of Kolkata's most prestigious commercial addresses on the iconic Chowringhee thoroughfare — the company manufactures ceramics and non-metallic mineral products. Founded in the early years of the 20th century during the height of the British colonial era, Carbo Ceramics would have initially served the robust industrial and commercial demand of British India's manufacturing sector. Kolkata (then Calcutta) was the colonial capital until 1911 and the commercial heart of British India, making it a natural base for early industrial ventures. The company's 'L' CIN prefix suggests it was originally registered as a listed company, and its long registration history makes it one of the earliest companies in the MCA records. The company operates under NIC code 26999 covering 'manufacture of other non-metallic mineral products not elsewhere classified' — a broad category that can encompass grinding wheels, abrasives, refractory products, technical ceramics, insulation materials, and specialty mineral products. The name 'Carbo Ceramics' suggests expertise in carbon-ceramic composite products or advanced ceramics applications. Current financial data shows retained earnings of ₹810.01 lakhs in FY2024 (₹740.10 lakhs in FY2023), indicating the company is generating modest but positive cash flows. The FY2021 revenue was reported as ₹0 in some databases, but the improving retained earnings suggest operational activity in more recent years. The board includes Sutapa Bhattacharya, Vicky Churiwala, Vijay Kumar, and Manak Chand Darak as directors.

Key Milestones

Incorporated in 1902 in West Bengal under CIN L26999WB1902PLC001537 — among the earliest registered companies in India during the British colonial era

Common questions about unlisted shares

How do I buy Carbo Ceramics 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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