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

Valuation
Financials
Investment Thesis
Fortune Industrial Resources Limited is a largely opaque, unlisted financial intermediation company incorporated in 1986 in New Delhi. With no publicly available financials, promoter details, or website, the company appears to have minimal operational activity. The share price of ₹10 reflects very limited market interest.
Pros
Cons
Business Segments
Investment & Lending (Financial Holding)
Investment in securities (shares, stocks, debentures, bonds); providing loans and advances to industrial enterprises.
Revenue Model
Interest income from lending activities and returns from equity and debt investments.
Detailed Analysis
Industry Headwinds
Potential classification as dormant entity if MCA filings are not current
Regulatory risk if compliance requirements are not met for a Public Limited company
No known business expansion or monetization plans disclosed
Comparable Companies
Frequently Asked Questions
About Fortune Industrial Resources Limited
Fortune Industrial Resources Limited is a New Delhi-based unlisted public company incorporated on 28 May 1986. With CIN L51503DL1986PLC024329, the company has operated for nearly four decades in the financial services and investment sector. The company is engaged in investment activities, lending, and financial intermediation, primarily serving businesses and individuals seeking capital solutions. With an authorised capital of Rs 3.67 crore, Fortune Industrial Resources is a small-scale financial intermediary. The company has a promoter holding of approximately 92.83%, indicating strong insider ownership and control. Its operations focus on deploying capital through loans and investments within its network of corporate relationships. As one of Delhi's legacy financial companies, Fortune Industrial Resources Limited represents the category of older, promoter-dominated unlisted companies that continue to operate in niche financial markets. The company filed its latest balance sheet for the year ending 31 March 2025, indicating active compliance with regulatory requirements. Investors looking at this company should carefully assess financial performance given reported revenue declines in recent years.
Key Milestones
Incorporated December 28, 1986 in Delhi (CIN: L51503DL1986PLC024329) — 38+ years old
ISIN INE510L01017; listed on MSEI (symbol: FIRL); website: firl.co.in
Common questions about unlisted shares
You buy from and sell to the wisefolio desk — shares route through the desk's demat, money-in before shares-out.
You enquire
· Takes 2 minutesTell us the company and quantity you want. Share your demat details so we can settle directly into your account.
We source & quote
· Typically within 1 business dayOur desk sources the shares and comes back with a firm price and an allocation for the quantity available.
You accept the allocation
· Quote valid for 3 daysReview the price, quantity and total. Accept to lock the allocation. The quote is valid for a short window before it needs re-pricing.
You transfer the funds
· Pay within 2 days of acceptingPay by direct bank transfer to the desk's published account — never to a personal account. We confirm receipt and begin the transfer.
Shares reach your demat
· Usually credited within 2–3 business daysOnce payment is verified, the shares are transferred from the desk's demat into yours, and you receive a transfer confirmation.
A principal desk for unlisted & pre-IPO shares — you transact with us, not a stranger.
You enquire
Takes 2 minutes
We source & quote
Typically within 1 business day
You accept the allocation
Quote valid for 3 days
You transfer the funds
Pay within 2 days of accepting
Shares reach your demat
Usually credited within 2–3 business days
Unlisted shares are illiquid and carry higher risk. Pricing is indicative, not live, and these are private off-market transactions with no exchange settlement guarantee. Read the full risk disclosure.
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Being unlisted with a very low share price of ₹10 and no disclosed market cap, there is extremely limited liquidity for investors looking to exit
Source: Company Financial Filings
No website, no disclosed promoters, and no public financial statements make it very difficult to assess the company's true financial health
Source: Media Reports / Public Records
The company may be dormant or a shell entity given the absence of any operational disclosures or news
Source: AlphaHub Research
Being unlisted with a very low share price of ₹10 and no disclosed market cap, there is extremely limited liquidity for investors looking to exit
No website, no disclosed promoters, and no public financial statements make it very difficult to assess the company's true financial health
The company may be dormant or a shell entity given the absence of any operational disclosures or news
Investment in securities + loans/advances; authorized ₹3.665 Cr, paid-up ₹1.56 Cr
Registered at 25 Bazar Lane, Bengali Market, New Delhi 110001

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