What does Delta Galaxy Engineering Services Limited do?

Delta Galaxy Engineering Services Limited is a civil engineering and EPC (Engineering, Procurement, Construction) company incorporated in Bihar in 2011. It is engaged in infrastructure and construction services, likely including road construction, building works, and civil contracting for government and semi-government clients in the eastern India region.

Is Delta Galaxy Engineering Services Limited listed on any stock exchange?

No, Delta Galaxy Engineering Services Limited is not listed on any recognized stock exchange (BSE or NSE). Its CIN begins with 'U' indicating unlisted status. Shares can only be traded in the unlisted/pre-IPO market through specialized brokers or OTC transactions.

What is the current share price of Delta Galaxy Engineering Services?

The current indicative price in the unlisted market is approximately ₹47 per share. However, unlisted share prices are indicative and may vary based on buyer-seller negotiations. There is no official exchange-determined price.

Is Delta Galaxy Engineering Services planning an IPO?

There is no publicly available information about any IPO plans for Delta Galaxy Engineering Services Limited. Given its small scale and regional focus in Bihar's infrastructure sector, an IPO remains speculative at this stage.

What is the lot size for buying Delta Galaxy Engineering Services shares?

The minimum lot size for purchasing shares in the unlisted market is 1 share, though actual transaction minimums may be set by unlisted market intermediaries. There is no SEBI-mandated lot size as the company is not listed.

What are the key risks of investing in this company?

Key risks include heavy dependence on government infrastructure spending in Bihar, limited public financial disclosures, working capital pressure from delayed government payments, small scale with no diversification, and illiquidity of unlisted shares making exit difficult.

How do I buy Delta Galaxy Engineering Services 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 Delta Galaxy Engineering Services?

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 Delta Galaxy Engineering Services 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.

Delta Galaxy Engineering Services Unlisted Share Price | Buy Delta Galaxy Engineering Services Pre-IPO Shares — wisefolio

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

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Delta Galaxy Engineering Services Unlisted Share Price | Buy Delta Galaxy Engineering Services Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Delta Galaxy Engineering Services Limited is a small regional EPC contractor positioned in Bihar's growing infrastructure sector. While the macroeconomic tailwinds from government infrastructure spending are supportive, the company's limited public disclosures, small scale, and geographic concentration make it a speculative investment. Investors seeking exposure to eastern India's infrastructure boom may consider it as a high-risk, illiquid pre-growth bet.

Pros

Turnkey EPC specialist: power/telecom transmission lines, irrigation, water supply, hydroelectric power, mining projects — essential infrastructure.
Active website at deltagalaxy.com; compliant with MCA filings; authorized ₹30 Cr, paid-up ₹22.02 Cr — well-capitalized for an EPC company.
Bihar/Patna location — a state with massive infrastructure investment from central and state government programs.
Diversified EPC verticals (power, water, mining) reduce single-project concentration risk.

Cons

Unlisted (U-prefix) — no secondary market; no ISIN confirmed.
Revenue ₹1-100 Cr range (FY23) — exact scale unconfirmed; mid-sized EPC player competing with large listed EPC firms.
Infrastructure EPC faces payment delay risks from government clients; working capital intensity is high.
Bihar operations subject to political and administrative risks; project execution in Tier-2/3 locations is challenging.

Business Segments

Power & Telecom Infrastructure EPC

Construction, erection, and maintenance of power transmission lines, telecommunication lines, and related utilities infrastructure.

Water & Irrigation EPC

Turnkey EPC for irrigation systems and water supply infrastructure projects.

Hydroelectric & Mining EPC

EPC solutions for hydroelectric power projects and mining sector infrastructure.

Revenue Model

The company earns revenue through government and semi-government EPC contracts, awarded via competitive tendering. Revenue is recognized on a percentage-of-completion basis as construction milestones are achieved. Payment is typically linked to work completion certificates issued by government engineers.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds12

Growth Plans

Continued central government allocation to Bihar under PM Gati Shakti, PMGSY, and PMAY schemes

Bihar's own budgetary infrastructure push as part of the state's long-term development plan

Potential qualification for larger tender categories as the company builds its track record

Eastern India EPC market expansion as national infrastructure investment shifts to underdeveloped states

Industry Tailwinds

Recent Developments

Bihar Infrastructure Spending Boost

The Bihar government announced increased capital expenditure in its FY2024-25 budget for road connectivity and urban infrastructure, which could benefit local EPC contractors like Delta Galaxy Engineering Services in tender pipeline.

2024

Eastern India Infrastructure Push Under PM Gati Shakti

The central government's PM Gati Shakti National Master Plan has identified eastern India including Bihar as a priority infrastructure corridor. Regional EPC companies are expected to benefit from increased project awards.

2023

Comparable Companies

CompanyTypeTickerMkt Cap

PNC Infratech LimitedListedPNCINFRA~8,000 Cr

Dilip Buildcon LimitedListedDBL~6,500 Cr

HG Infra Engineering LimitedListedHGINFRA~4,500 Cr

Ahluwalia Contracts (India) LimitedListedAHLUCONT~3,800 Cr

Frequently Asked Questions

About Delta Galaxy Engineering Services

Delta Galaxy Engineering Services Limited is a Bihar-based infrastructure EPC (Engineering, Procurement, and Construction) contractor specialising in hydro dams, mining works, tunnelling, and water infrastructure projects. Incorporated on 27 December 2011 in Patna, the company has grown into a credible player in India's civil infrastructure space, with a registered office at 476, Expression Satyasha, Bailey Road, Phulwari, Bihar. It primarily operates as a sub-contractor for major national infrastructure companies, executing complex civil works including dam construction, underground mining, and irrigation projects. The company's business model is anchored in sub-contracting for industry leaders such as Patel Engineering Limited and Afcons Infrastructure, which are among India's foremost infrastructure contractors. This positions Delta Galaxy within large, funded projects that typically involve government or public sector clients, providing stable order flow and payment certainty. The company's revenue reached ₹174 crore for FY2024 (year ended March 31, 2024), reflecting steady scale-up in operations since its founding. CRISIL Ratings has assigned a 'CRISIL BBB/Stable' rating to Delta Galaxy Engineering Services' bank facilities, citing the company's extensive industry experience, a moderate order book providing good revenue visibility, and a healthy financial risk profile. The BBB rating indicates adequate creditworthiness — appropriate for a company of this scale in the infrastructure sector. In FY2025, the company demonstrated exceptional profitability improvement with PAT growth of 82% and a net margin of 10.92%, significantly above the industry average of 3–6%. The debt-to-equity ratio also improved dramatically from 1.09 to 0.24 through equity infusion, reflecting strengthened financial discipline. Delta Galaxy operates in a sector directly aligned with India's massive infrastructure push under the National Infrastructure Pipeline (NIP), which envisages over ₹111 lakh crore in infrastructure investment by 2025. Projects in water infrastructure, dams, and mining are high-priority areas. The company's niche in hydro and water projects positions it well to benefit from government spending on irrigation, hydropower, and flood management, particularly in Bihar and eastern India where infrastructure gaps remain large. With authorised share capital of ₹20 crore and paid-up capital of ₹10 crore, Delta Galaxy is a well-capitalised mid-sized EPC contractor with strong performance metrics and an improving financial profile.

Key Milestones

Common questions about unlisted shares

How do I buy Delta Galaxy Engineering Services 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?

Risk factors & red flagsInvestment risks and items flagged from public filings14

Fraud / GovernanceLow

Government infrastructure contractors in India frequently face delayed payments from state PWDs and municipalities, leading to stretched receivables and working capital stress

Source: Media Reports / Public Records

Operational RiskLow

Infrastructure projects require multiple clearances (environmental, land acquisition, forest) which can cause delays and cost overruns beyond contractor control

Source: AlphaHub Research

Fraud / GovernanceLow

As an unlisted company with no active market, exiting investments in Delta Galaxy Engineering shares can be difficult and may require significant time or price discounts

Source: Media Reports / Public Records

Fraud / GovernanceLow

Absence of publicly audited financial statements makes it impossible for investors to assess actual revenue, profitability, debt levels, or order book

Source: Media Reports / Public Records

Fraud / GovernanceLow

Operations concentrated in Bihar expose the company to state-specific risks including monsoon flooding, political instability, and regional budget constraints

Source: Media Reports / Public Records

Industry / CompetitionLow

Larger national EPC players increasingly bid for smaller state-level projects, intensifying competition and compressing margins for regional contractors

Source: Company Financial Filings

Fraud / GovernanceLow

Susceptibility to tender-based operations: Revenue and profitability entirely depend on the ability to win tenders. Also, entities in this segment face intense competition, thus requiring bidding aggressively to get contracts, which restricts the operating margin to a moderate level. Also, gi

Source: Company Financial Filings

Fraud / GovernanceMedium

Working capital intensive operations: Its intensive working capital cycle is reflected in its gross current assets (GCA) of 347 days as on March 31, 2025. Its large working capital requirements arise from its high debtor and inventory levels. It is required to extend long credit period.

Source: Media Reports / Public Records

Payment Risk

Government infrastructure contractors in India frequently face delayed payments from state PWDs and municipalities, leading to stretched receivables and working capital stress

Regulatory

Infrastructure projects require multiple clearances (environmental, land acquisition, forest) which can cause delays and cost overruns beyond contractor control

Liquidity

As an unlisted company with no active market, exiting investments in Delta Galaxy Engineering shares can be difficult and may require significant time or price discounts

Financial Transparency

Absence of publicly audited financial statements makes it impossible for investors to assess actual revenue, profitability, debt levels, or order book

Geographic Concentration

Operations concentrated in Bihar expose the company to state-specific risks including monsoon flooding, political instability, and regional budget constraints

Competition

Larger national EPC players increasingly bid for smaller state-level projects, intensifying competition and compressing margins for regional contractors

Delta Galaxy Engineering Services Limited

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