Who are the promoters of Gracious Vanijya Limited?

Gracious Vanijya Limited was founded by and is associated with RIDDHI PINAL SHAH, NITIN KUMAR JHOTA, and PINAL KANCHANLAL SHAH — all belonging to Mumbai's established Gujarati trading and business community.

When was Gracious Vanijya Limited incorporated?

Gracious Vanijya Limited was incorporated in 1982 in Mumbai, Maharashtra under CIN L27109MH1982PLC096029, making it over 42 years old as of 2024.

Is Gracious Vanijya Limited currently listed on a stock exchange?

Despite the 'L' CIN prefix suggesting historical listing, Gracious Vanijya Limited is currently classified as an unlisted company with shares trading in the OTC/unlisted market at approximately ₹13.5 per share.

What is the significance of the CIN code L27109MH?

In India's CIN classification system, activity code '27109' relates to the manufacture of other structural metal products, tanks, and steam generators — this category broadly covers iron, steel, and capital goods-related businesses. The 'L' prefix indicates historical listing on a stock exchange, and 'MH' indicates Maharashtra as the state of incorporation.

How do I buy Gracious Vanijya Limited 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 Gracious Vanijya Limited?

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 Gracious Vanijya Limited 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.

Gracious Vanijya Limited Unlisted Share Price | Buy Gracious Vanijya Limited Pre-IPO Shares — wisefolio

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

Talk to us

Gracious Vanijya Limited Unlisted Share Price | Buy Gracious Vanijya Limited Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Gracious Vanijya Limited is a 1982-incorporated Mumbai-based industrial machinery trading and distribution company promoted by the Shah and Jhota families. Operating in India's capital goods sector, the company benefits from Maharashtra's strong industrial base and India's accelerating capex cycle. However, with a share price of ₹13.5 in the unlisted market and no publicly available website or financial data, the company's current operational scale appears modest. It represents a legacy small-cap trading entity with limited investor visibility. India's manufacturing boom provides positive sector tailwinds, but the company's ability to capture this opportunity depends on its current trading activity levels and client relationships, which cannot be independently verified without MCA financial records.

Pros

Incorporated in 1982 in Mumbai — over 42 years of operational history in industrial machinery trading, providing deep market relationships and supply chain expertise across Maharashtra's manufacturing belt
Mumbai-headquartered status gives access to India's largest commercial and financial hub, enabling proximity to major industrial buyers, import/export logistics, and institutional financing
Industrial machinery trading is an asset-light business model with scalable revenue as India's manufacturing and infrastructure spending accelerates under Make in India and PLI schemes
The CIN activity code '27109' relates to iron and steel manufacturing/industrial goods — indicating an established position in India's capital goods supply chain
India's capex cycle has accelerated strongly since 2021, with record government and private sector investment in infrastructure, defence, and manufacturing, driving demand for industrial equipment and machinery
The 'L' CIN prefix indicates the company has been listed on a stock exchange, providing a baseline of historical regulatory compliance
Promoted by the Shah and Jhota families — Mumbai's established Gujarati business community with deep roots in trading and distribution businesses

Cons

Share price of ₹13.5 in the unlisted market reflects a very low valuation, suggesting limited scale, thin margins, or near-dormant trading operations
Industrial machinery trading is highly competitive with numerous intermediaries, regional distributors, and direct manufacturer sales teams competing for the same orders
No confirmed website presence limits the ability to assess the company's current product portfolio, client base, or operational activity
As a trading company (rather than a manufacturer), Gracious Vanijya has no proprietary technology, manufacturing assets, or differentiated product offering
Dependency on imported machinery or OEM principal relationships creates exposure to foreign exchange fluctuations, import duty changes, and supplier policy shifts
Small Mumbai-based trading companies face high overhead costs — office rentals, compliance, and staff costs in one of India's most expensive commercial cities
Without publicly available audited financials, revenue trends, profitability, and debt levels cannot be independently assessed

Business Segments

Industrial Machinery Trading

Trading of industrial machinery, capital goods, and engineering equipment to manufacturing and infrastructure sector clients

Capital Goods Distribution

Distribution of industrial components, spare parts, and engineering goods to regional buyers in Maharashtra and Western India

Revenue Model

Gracious Vanijya Limited generates revenue through the trading and distribution of industrial machinery and capital goods. The primary revenue mechanism is a trading margin earned on the spread between sourcing cost (from manufacturers or importers) and selling price (to industrial end-users). Additional revenue may come from distribution agreements with machinery OEMs, after-sales service commissions, and spare parts trading. Given the low share price and limited public data, current operational scale is modest.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds12

Growth Plans

India's manufacturing sector expansion under PLI schemes driving industrial machinery procurement

Maharashtra's industrial corridor development and MIDC expansion creating new demand for machinery distribution

Potential revival of operations under new family generation or strategic expansion of product portfolio

India's capex supercycle benefiting all capital goods and machinery intermediaries

Industry Tailwinds

Recent Developments

India's capex supercycle benefiting capital goods distributors

India's record-high infrastructure and manufacturing capex — driven by the National Infrastructure Pipeline (NIP), PM Gati Shakti, and PLI schemes — has created strong demand for industrial machinery and capital goods across the country. Regional distributors like Gracious Vanijya are positioned to benefit from increased procurement activity by manufacturing units in Maharashtra.

2023–2024

Maharashtra industrial corridor expansion

Maharashtra's government has continued to develop industrial corridors and MIDC (Maharashtra Industrial Development Corporation) zones, attracting manufacturing investment and creating demand for industrial equipment and machinery supply chains — a positive backdrop for machinery traders in Mumbai.

2023–2024

Comparable Companies

CompanyTypeTickerMkt Cap

Elecon Engineering Company LimitedListedELECONSmall-cap

Lakshmi Machine Works LimitedListedLAXMIMACHMid-cap

Grindwell Norton LimitedListedGRINDWELLMid-cap

AIA Engineering LimitedListedAIAENGMid-cap

Frequently Asked Questions

Gracious Vanijya Limited is a Mumbai-based industrial machinery trading and distribution company incorporated in 1982. It trades and distributes industrial machinery, capital goods, and related equipment to manufacturing, engineering, and infrastructure sector customers in Maharashtra and beyond. The company operates in the Engineering & Capital Goods sector as a wholesale trader and distribution intermediary.

Industrial machinery trading involves sourcing industrial equipment — such as CNC machines, hydraulic systems, conveyors, compressors, pumps, and related capital goods — from manufacturers (domestic or international) and selling them to end-users in manufacturing, infrastructure, and engineering sectors. Distributors earn a trading margin on the difference between purchase and selling prices, and may additionally provide after-sales service and spare parts.

About Gracious Vanijya Limited

Gracious Vanijya Limited is a Mumbai-based industrial machinery retail and distribution company incorporated on 2 September 1982. With CIN L27109MH1982PLC096029, the company has over 40 years of operational history in trading and distribution of industrial machinery and equipment. Revenue was Rs 2.46 crore in FY2023 with 1.96% revenue growth and 20.61% profit improvement. The company operates from its Borivali West, Mumbai location serving industrial clients seeking machinery and equipment procurement solutions. With an authorised capital of Rs 4 crore and paid-up capital of Rs 2.28 crore, Gracious Vanijya is a modest-scale trading company. Managing Director Bhadreshkumar Bhartkumar Shah leads operations alongside directors Manishaben Kalpeshbhai Malvi and Rajeshkumar Vinodray Trivedi. As a four-decade-old trading company, Gracious Vanijya has maintained steady if modest operations serving Mumbai's industrial market. The company's longevity reflects consistent customer relationships and market knowledge. Industrial machinery demand from Mumbai's manufacturing base provides a stable if limited growth opportunity for the company.

Key Milestones

1982 — Gracious Vanijya Limited incorporated in Mumbai, Maharashtra under CIN L27109MH1982PLC096029 by founders PINAL KANCHANLAL SHAH, NITIN KUMAR JHOTA, and RIDDHI PINAL SHAH

1982–1990s — Established industrial machinery trading operations in Mumbai, leveraging the city's position as India's commercial capital and manufacturing hub

Common questions about unlisted shares

How do I buy Gracious Vanijya Limited 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 filings10

Fraud / GovernanceLow

A share price of ₹13.5 — just above minimal valuation — raises questions about the current level of business activity. The company may have reduced operations or be operating at very limited scale relative to its 1982 incorporation.

Source: Company Financial Filings

Fraud / GovernanceLow

Industrial machinery trading is highly fragmented in India, with competition from thousands of regional distributors, direct OEM sales teams, and e-commerce platforms like IndiaMart and TradeIndia. Differentiation is difficult in a commodity trading business.

Source: Media Reports / Public Records

Fraud / GovernanceLow

Absence of a publicly confirmed website, annual reports, or management disclosures makes due diligence on the company's current operations, revenue, and financial health extremely difficult.

Source: Media Reports / Public Records

Fraud / GovernanceLow

The company is controlled by the Shah and Jhota families. Single-family dominated governance increases key-person dependency and succession risk for the trading business.

Source: Media Reports / Public Records

Operational RiskLow

Trading margins in industrial machinery distribution are under structural pressure from manufacturers selling directly to end-users and from digital procurement platforms. This structural disintermediation risk affects all traditional machinery traders.

Source: Company Financial Filings

Business Activity Risk

Competition Risk

Information Risk

Absence of a publicly confirmed website, annual reports, or management disclosures makes due diligence on the company's current operations, revenue, and financial health extremely difficult.

Promoter Concentration Risk

The company is controlled by the Shah and Jhota families. Single-family dominated governance increases key-person dependency and succession risk for the trading business.

Margin Compression Risk

Gracious Vanijya Limited

How settlement works

Get price alerts for Gracious Vanijya Limited

Discuss Gracious Vanijya Limited

Similar companies

Other ways to invest