What does EON Electric Limited do?

EON Electric Limited, headquartered in Sonipat, Haryana, manufactures and exports electrical switchgear and lighting products. Its product range includes fluorescent lamps, circuit breakers, fuses, and wires. The company sells its products domestically and exports to the Middle East and other international markets.

When was EON Electric Limited incorporated?

EON Electric Limited was incorporated in 1989 as a Public Limited company registered in Haryana, with CIN L31200HR1989PLC035580.

Who are the promoters of EON Electric Limited?

The Kohli family, including Krishan Kumar Kohli and Vivek Kohli, are associated with the promoter group of EON Electric Limited based on historical company records.

What is the ISIN of EON Electric Limited?

The ISIN of EON Electric Limited is INE309C01011 and the CIN is L31200HR1989PLC035580.

What are EON Electric's key markets?

EON Electric sells its electrical switchgear and lighting products domestically in India and exports to the Middle East. The company is based in Sonipat, Haryana and has an established manufacturing presence in North India.

How do I buy EON Electric 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 EON Electric?

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 EON Electric 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.

EON Electric Unlisted Share Price | Buy EON Electric Pre-IPO Shares — wisefolio

Investment Thesis

EON Electric Limited is a 35-year-old Haryana-based electrical products manufacturer with a diversified portfolio spanning switchgear, lighting, and wires. While the company has an established export presence in the Middle East, it trades at a very low unlisted price of Rs. 5 per share, reflecting competitive pressures from larger peers and limited public financial transparency. The broader India electrification theme provides a structural tailwind for its product categories.

Pros

Incorporated in 1989 with over 35 years of operational history in electrical switchgear and lighting products manufacturing
Diversified product portfolio including fluorescent lamps, circuit breakers, fuses, and wires with export presence in the Middle East and other international markets
Established manufacturing base in Sonipat, Haryana with access to North India's industrial belt

Cons

Currently trading at a very low unlisted price of Rs. 5 per share, reflecting weak investor sentiment
Faces intense competition from larger listed peers such as Havells India, Polycab, and Finolex Cables in the electrical products segment
No publicly available recent financial disclosures given its unlisted status

Business Segments

Switchgear

Manufacturing of circuit breakers and fuses for industrial and residential applications

Lighting Products

Production of fluorescent lamps and related lighting solutions

Cables and Wires

Manufacturing of electrical wires for domestic and export markets

Revenue Model

EON Electric generates revenue through manufacturing and selling electrical switchgear (circuit breakers, fuses), lighting products (fluorescent lamps), and wires both domestically in India and through exports to the Middle East and other international markets.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds7

Growth Plans

India's expanding infrastructure and housing sector driving demand for electrical switchgear and wiring products

Growing Middle East construction sector providing export opportunities

Industry Tailwinds

India's expanding infrastructure and housing sector driving demand for electrical switchgear and wiring products

Growing Middle East construction sector providing export opportunities

Recent Developments

Revenue Rs 26.4 Cr; net loss Rs 55 Cr — significant financial stress

Large losses relative to revenue indicate restructuring needs in operations or balance sheet.

Recent

Comparable Companies

CompanyTypeTickerMkt Cap

Havells India LimitedPE: ~55xxListedHAVELLS~1,00,000 Cr

Polycab India LimitedPE: ~40xxListedPOLYCAB~75,000 Cr

Finolex Cables LimitedPE: ~25xxListedFNXCABLES~12,000 Cr

Havells India LimitedListed

Frequently Asked Questions

About EON Electric

EON Electric Limited is a Sonipat, Haryana-based electrical products manufacturer incorporated in 1989 (CIN: L31200HR1989PLC035580). The company manufactures a range of electrical products including wiring accessories, switches, sockets, cables, and related components for residential and commercial construction applications. EON Electric has been in operation for over three decades, building manufacturing capabilities in Haryana's industrial corridor near Delhi. The company operates in the branded electrical products segment, serving electricians, contractors, and distributors across India. Financially, EON Electric faces significant challenges — reporting revenues of approximately Rs 26.4 crore with a net loss of Rs 55 crore, representing a substantial loss relative to its revenue base. This loss-to-revenue ratio indicates serious operational or financial challenges that need resolution. High finance costs, depreciation, or one-time write-offs may explain the disparity. The Indian electrical products market is large and growing, driven by housing construction, infrastructure development, and electrification programs. EON Electric competes with well-established players like Havells, Legrand, Anchor (Panasonic), and Wipro Lighting. The company's small revenue scale and large losses suggest restructuring needs. Shares are available through platforms like UnlistedZone for investors willing to assess turnaround potential.

Key Milestones

Incorporated in 1989 in Haryana as a Public Limited company

Common questions about unlisted shares

How do I buy EON Electric 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.

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