What does Ess Dee Aluminium Limited do?

Ess Dee Aluminium Limited is a Kolkata-based company incorporated in 2004 that manufactures aluminium foil and flexible packaging solutions. The company's advanced packaging segment serves pharmaceutical (blister packaging), food, and FMCG sectors.

Why is Ess Dee Aluminium's share price near zero?

Ess Dee Aluminium Limited faced severe financial distress following defaults on bank borrowings. The company's accounts were classified as NPAs by multiple lenders including SBI and PNB. Promoter Sudip Datta faced allegations of fund diversion and fraud, leading to regulatory actions and insolvency proceedings, which severely eroded shareholder value.

Who are the promoters of Ess Dee Aluminium Limited?

Sudip Datta was the key promoter of Ess Dee Aluminium Limited. He came under regulatory scrutiny and faced allegations of fund diversion and financial irregularities, which contributed to the company's financial collapse.

Is Ess Dee Aluminium under insolvency?

Ess Dee Aluminium Limited faced insolvency proceedings at the National Company Law Tribunal (NCLT) following defaults on significant bank borrowings. Multiple lenders had classified the company's accounts as non-performing assets (NPAs).

What is the ISIN of Ess Dee Aluminium Limited?

The ISIN of Ess Dee Aluminium Limited is INE191H01014. The CIN is L27203WB2004PLC170941.

How do I buy Ess Dee Aluminium 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 Ess Dee Aluminium?

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 Ess Dee Aluminium 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.

Ess Dee Aluminium Unlisted Share Price | Buy Ess Dee Aluminium Pre-IPO Shares — wisefolio

Investment Thesis

Ess Dee Aluminium Limited is a Kolkata-based aluminium foil and flexible packaging manufacturer incorporated in 2004. The company collapsed into severe financial distress following promoter fund diversion allegations, bank NPA classifications, and NCLT insolvency proceedings. With a near-zero share price of Rs. 0.01, the equity is effectively worthless. Any investor holding shares should note that recovery prospects under IBC resolution are extremely limited for equity holders.

Pros

Ess Dee Aluminium was one of India's leading manufacturers of aluminium foil and flexible packaging solutions, serving pharmaceutical, food, and FMCG sectors
Incorporated in 2004 with operations spanning advanced packaging solutions including aluminium foil laminates widely used in pharma blister packs

Cons

Company is severely financially distressed with a near-zero share price of Rs. 0.01, indicating deep financial and operational stress
Promoter Sudip Datta faced serious allegations of financial fraud and the company underwent significant legal and regulatory scrutiny
Company was referred to NCLT/insolvency proceedings following defaults on bank borrowings, significantly impairing investor value
Banks including SBI, PNB, and others declared the account as NPA following payment defaults by the company

Business Segments

Advanced Packaging Solutions

Manufacturing of aluminium foil and flexible packaging including blister packs for pharmaceutical, food, and FMCG sectors

Revenue Model

Ess Dee Aluminium generated revenue through manufacturing and supplying aluminium foil laminates and flexible packaging to pharmaceutical companies (blister pack foil), food companies, and FMCG brands. The business model was B2B manufacturing supply.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds7

Growth Plans

Successful resolution under IBC could partially recover value for creditors

India's growing pharma packaging sector maintains demand for aluminium foil products

Industry Tailwinds

Successful resolution under IBC could partially recover value for creditors

India's growing pharma packaging sector maintains demand for aluminium foil products

Recent Developments

NCLT insolvency proceedings initiated

Ess Dee Aluminium faced insolvency proceedings at NCLT following defaults on bank borrowings. Multiple lenders classified accounts as NPA. Promoter Sudip Datta faced allegations of fund diversion.

2018-01

Comparable Companies

CompanyTypeTickerMkt Cap

Jindal Poly Films LimitedPE: ~10xxListedJINDALPOLY~5,000 Cr

Uflex LimitedPE: ~8xxListedUFLEX~3,500 Cr

Cosmo First LimitedPE: ~12xxListedCOSMOFIRST~1,500 Cr

Jindal Poly Films LimitedListed

Frequently Asked Questions

About Ess Dee Aluminium

Ess Dee Aluminium Limited was a Kolkata-based manufacturer of aluminium foil and flexible packaging materials, incorporated in 2004 (CIN: L27203WB2004PLC170941). The company was a prominent supplier of aluminium foil for pharmaceutical blister packaging, food packaging, and industrial applications in India. Ess Dee Aluminium grew rapidly to become one of India's significant aluminium foil manufacturers, supplying pharmaceutical companies with blister packs, supplying food companies with wrapping foils, and industrial users with specialty aluminium films. However, the company subsequently ran into severe financial difficulties and is currently under insolvency/liquidation proceedings. The company's financial collapse was driven by over-leveraging, management challenges, and operational difficulties. With the company under liquidation, its assets are being resolved through the NCLT (National Company Law Tribunal) insolvency process. For investors, Ess Dee Aluminium represents a cautionary tale about investing in unlisted companies with opaque governance. The company's current status under liquidation means shareholders are unlikely to recover significant value. Any shares available through platforms like UnlistedZone should be approached with extreme caution given the liquidation status.

Key Milestones

Incorporated in 2004 in Kolkata, West Bengal as a Public Limited company

Established as a major manufacturer of aluminium foil packaging in India serving pharma and food sectors

Common questions about unlisted shares

How do I buy Ess Dee Aluminium 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?

Ess Dee Aluminium Limited

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