What does Devrup Trading Limited do?

Devrup Trading Limited is a wholesale trading company incorporated in Ahmedabad, Gujarat in 1982. Based on its NIC code 51103 (wholesale of agricultural raw materials and live animals), it appears to trade in agricultural commodities or raw materials. The company is engaged in wholesale trade and may have historically been involved in the Gujarat commodity trading ecosystem.

Why is Devrup Trading Limited's share price at ₹10?

A share price of ₹10 in the unlisted market equals the typical face value of Indian shares, suggesting that the company may have minimal business activity, near-zero retained earnings, or has been effectively dormant. This does not necessarily indicate current losses but does suggest limited value creation over its history.

Is Devrup Trading Limited currently listed?

The 'L' prefix in its CIN suggests it was at some point listed on a recognized stock exchange. However, it currently trades only in the unlisted/OTC market at ₹10 per share, suggesting possible delisting or extended suspension from exchange trading.

Is there any IPO or corporate action planned for Devrup Trading?

No publicly available information indicates any IPO, merger, or corporate restructuring plans for Devrup Trading Limited. Given the company's age and current market status, any such action would require significant promoter initiative and investor interest.

What commodities does Devrup Trading Limited trade?

Based on its NIC classification under wholesale trade of agricultural raw materials, Devrup Trading likely deals in agricultural commodities such as grains, pulses, oilseeds, or cotton — all significant commodities in Gujarat's trading ecosystem.

Is Devrup Trading Limited a safe investment?

Given the share price at face value (₹10), limited public information, possible dormancy, and absence of any public financial disclosures, investing in Devrup Trading Limited carries very high risk. It should only be considered by investors who have conducted direct due diligence with the company's management.

How do I buy Devrup Trading 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 Devrup Trading?

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 Devrup Trading 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.

Devrup Trading Unlisted Share Price | Buy Devrup Trading Pre-IPO Shares — wisefolio

Investment Thesis

Devrup Trading Limited is a near-dormant listed trading company with ~₹0.25 Cr revenue (FY24). Strong net worth ₹12.23 Cr but minimal business activity. MSEI-listed with ISIN INE790R01012.

Pros

ISIN INE790R01012 confirmed; listed on MSEI (symbol: DVTR); exchange-regulated trading company.
Net worth ₹12.23 Cr — strong balance sheet relative to revenue; well-capitalized.
Profitability improved 27.56% in FY24 — positive profit momentum despite tiny revenue.
Ahmedabad, Gujarat (S.G. Highway) — premium business district with access to Gujarat's trading and commercial ecosystem.

Cons

Revenue only ~₹0.25 Cr (₹2.47 M) in FY24 — near-dormant trading activity; revenue declined 6.08% YoY.
MSEI listing has near-zero secondary market liquidity; limited investor access.
Trading company with thin revenue vs. ₹12.15 Cr paid-up capital — capital appears largely idle.
No confirmed promoters or business development pipeline; minimal operational footprint.

Business Segments

General Trading

Wholesale trade activities (NIC 51103); trading company operating from Ahmedabad, Gujarat.

Revenue Model

As a wholesale trading company, Devrup Trading earns revenue through buying agricultural commodities in bulk from farmers, aggregators, or commodity markets and reselling to processors, retailers, or other intermediaries at a markup. Revenue is transactional and volume-driven, with margins typically thin (1-3%) but offset by high turnover in active periods.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds12

Growth Plans

Potential revival under new management or corporate restructuring

India's growing agricultural commodity market offering opportunities for specialized wholesale intermediaries

Gujarat's trade infrastructure upgrades including Mundra port expansion supporting commodity import/export

Possible merger with a more active trading entity seeking listed vehicle for business combination

Industry Tailwinds

Recent Developments

Gujarat Commodity Trade Ecosystem Evolution

Gujarat's commodity trading landscape has transformed significantly with digital commodity exchanges (MCX, NCDEX) and e-commerce platforms handling increasing volumes. Traditional wholesale traders face structural disruption from these platforms.

2023-2024

Government Agricultural Commodity Interventions

The Indian government imposed export restrictions on key commodities including rice, wheat, and sugar in 2023, significantly impacting wholesale traders in Gujarat who rely on export-linked demand for their trading operations.

2023

Comparable Companies

CompanyTypeTickerMkt Cap

Adani Enterprises LimitedListedADANIENT~2,50,000 Cr

MMTC LimitedListedMMTC~3,500 Cr

Gujarat Ambuja Exports LimitedListedGAEL~3,800 Cr

Adani Enterprises LimitedListed

ADANIENT · ~2,50,000 Cr

Frequently Asked Questions

About Devrup Trading

Devrup Trading Limited is an Ahmedabad, Gujarat-based wholesale trading company incorporated in 1982. With over 40 years of operational history, the company has maintained a continuous presence in Gujarat's trading ecosystem. The company is registered under NIC code 51103, covering retail trade in footwear and leather goods, though broader trading activities may be involved. Devrup Trading operates as a micro-scale entity with reported revenues of approximately ₹2.47 lakh (₹247,000), making it a very small business. This revenue level suggests either a dormant or near-inactive operating status, with the company potentially maintaining its registration for legacy or asset-holding purposes rather than active trading operations. Ahmedabad is India's commercial heartland — home to large textile, pharmaceutical, chemical, and FMCG industries. While the city has thousands of active trading companies, Devrup Trading's minimal revenue profile suggests it occupies a very niche or dormant role in this ecosystem. Gujarat's trading community (Banias, Jains, and Patels) has a strong heritage of wholesale and retail trade, and many family-held companies in the state maintain legal existence even with minimal business activity for estate planning, property holding, or future reactivation purposes. Devrup Trading's 40+ year registration is consistent with this pattern. For investors, Devrup Trading represents a very high-risk, minimal-activity investment. The primary potential value lies in any assets (property, investments) held on the balance sheet rather than operating business value. Thorough due diligence of balance sheet assets is essential before any investment consideration.

Key Milestones

Incorporated December 28, 1982 in Ahmedabad, Gujarat (CIN: L51103GJ1982PLC097872)

Common questions about unlisted shares

How do I buy Devrup Trading 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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