What does Castle Traders Limited do?

Castle Traders Limited is a Chennai-based wholesale trading company that serves customers throughout India. Registered at Club House Road in Chennai, it operates in general wholesale trade and distribution. The company's website is castletraders.co.in.

Where is Castle Traders Limited registered?

Castle Traders Limited is registered and headquartered in Chennai, Tamil Nadu. Its registrar address is on Club House Road, Chennai — a prime commercial area in the city's central business district.

Is Castle Traders Limited listed on any stock exchange?

No, Castle Traders Limited is an unlisted company. Its shares trade in the unlisted market at approximately ₹24 per share.

What products or commodities does Castle Traders trade?

Specific product details for Castle Traders Limited are not publicly confirmed. As a general wholesale trade entity, it may deal in a variety of goods including consumer products, industrial goods, agricultural commodities, or other tradeable merchandise. Investors should contact the company directly for product details.

What is the CIN of Castle Traders Limited?

The CIN (Corporate Identification Number) for Castle Traders Limited is not publicly confirmed in available records. Investors should verify the company's registration status directly through the MCA21 portal using the company name.

How do I buy Castle Traders 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 Castle Traders?

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 Castle Traders 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.

Castle Traders Unlisted Share Price | Buy Castle Traders Pre-IPO Shares — wisefolio

Investment Thesis

Castle Traders Limited is a Chennai-based unlisted wholesale trading company operating in the general trade and distribution space across India. The absence of a confirmed CIN in public records is a significant concern for due diligence. While Chennai's commercial infrastructure and the company's pan-India distribution scope are positive indicators, the lack of verifiable financial data, director information, or product details makes this one of the higher-risk unlisted investments in the batch. At ₹24 per share, prospective investors should conduct thorough independent verification through MCA records and company direct contact before considering any position.

Pros

Listed on MSEI (effective October 14, 2016); L-prefix CIN (L51909TN1983PLC045632) — exchange-regulated company.
Part of Khivraj Group — Chennai-based group with presence in real estate, finance, and automobiles.
Multi-commodity dealing: cotton, jute, textiles, yarns, chemicals, paper, engineering goods — diversified trading portfolio.
40+ years of corporate existence since 1983; originally Delhi-based, shifted operations to Chennai.

Cons

No ISIN confirmed; MSEI listing has near-zero secondary market trading liquidity.
No revenue data publicly confirmed; financial performance opaque.
Trading in commodities (cotton, jute, chemicals) is low-margin and highly competitive.
Multiple business lines (investment + trading + real estate dealing) suggest lack of focused strategy.

Business Segments

Commodity Trading

Trading and dealing in cotton, jute, textiles, yarns, chemicals, paper, and engineering goods.

Investment & Real Estate Dealing

Investment in industrial enterprises; real estate acquisition and dealing activities.

Revenue Model

Castle Traders Limited generates revenue through the purchase and resale of goods on a wholesale basis to retailers, distributors, or end customers across India. As a general trading company, margin is derived from the spread between procurement cost and selling price. The company may operate in one or more product categories including consumer goods, industrial products, or other commodities distributed through its wholesale network.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds8

Growth Plans

India's domestic consumption growth could support wholesale trade volumes if the company is actively operating

Chennai's strong industrial and port-city trade ecosystem provides a favorable operating environment for a wholesale trading company

Industry Tailwinds

India's domestic consumption growth could support wholesale trade volumes if the company is actively operating

Recent Developments

Castle Traders listed on MSEI — provides exchange trading liquidity

The company was listed on the Metropolitan Stock Exchange of India Limited (MSEI) from October 14, 2016, providing some degree of exchange-traded liquidity for its shares.

October 2016

Frequently Asked Questions

About Castle Traders

Castle Traders Limited is a trading company incorporated on 26 October 1983 originally in Delhi. In 2000, the company shifted its registered office to Chennai, Tamil Nadu, reflecting a strategic relocation to South India's commercial hub. The company was listed on the Metropolitan Stock Exchange of India Limited (MSEI) from October 14, 2016. The company's principal business activities encompass wholesale trading in a diverse range of commodities and goods, including tin, cotton, jute, textiles, yarns, chemicals, paper, and engineering goods — classifying it as a general order supplier and dealer. This diverse product category positioning reflects the generalist wholesale trading model common among smaller listed companies that maintain flexibility to trade across multiple commodity categories based on market opportunities. MSEI (formerly MCX-SX) is India's third stock exchange after NSE and BSE, primarily listing smaller companies that may not meet the more stringent listing requirements of the major exchanges. Castle Traders' MSEI listing since 2016 provides its shares with some degree of exchange-traded liquidity, though trading volumes on MSEI tend to be lower than BSE/NSE for similar-sized companies. The company's 40+ year history (1983 Delhi → 2000 Chennai → 2016 MSEI listed) reflects an adaptive business that has navigated India's economic transformation across multiple phases. While specific financial data is limited in public databases, the company's MSEI listing requires regular financial disclosures and exchange compliance.

Key Milestones

Incorporated October 26, 1983 in Delhi; commencement certificate November 17, 1983

Common questions about unlisted shares

How do I buy Castle Traders 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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