What does High Ground Enterprise Limited do?

High Ground Enterprise Limited operates in EPCM (Engineering, Procurement, and Construction Management) and Media/Consulting services. The company is headquartered in Mumbai and was incorporated in 1986.

Why is High Ground Enterprise's share price at Re 1?

A share price of Re 1 typically reflects accumulated losses, near-dormant operations, or a company trading at or near its face value. This suggests significant financial challenges and the company may have limited ongoing business activities.

Is High Ground Enterprise a listed company?

High Ground Enterprise Limited has a CIN starting with 'L' (L74999MH1986PLC222681) which typically denotes listed status, but it is classified as unlisted in current market data. It may have been delisted or may be listed on a regional exchange.

When was High Ground Enterprise incorporated?

High Ground Enterprise Limited was incorporated in 1986 in Mumbai, Maharashtra (CIN: L74999MH1986PLC222681).

How do I buy High Ground Enterprise 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 High Ground Enterprise 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 High Ground Enterprise 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.

High Ground Enterprise Limited Unlisted Share Price | Buy High Ground Enterprise 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

High Ground Enterprise Limited Unlisted Share Price | Buy High Ground Enterprise Limited Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

High Ground Enterprise Limited is a highly speculative, near-dormant unlisted company with a Re 1 penny stock price that reflects likely years of operational deterioration. While its 1986 vintage and Mumbai location provide a corporate shell with some historical credibility, the company offers no discernible near-term investment merit without radical transformation. Suitable only for highly speculative investors aware of significant capital loss risk.

Pros

Listed CIN prefix (L74999) suggests it is/was a listed company or may have had a listing history, potentially offering some regulatory transparency
Operates in EPCM (Engineering, Procurement, Construction Management) and consulting — sectors that benefit from India's large infrastructure push
Long corporate history since 1986 providing institutional knowledge and client relationships
Media and consulting exposure may provide diversification across growth sectors in India's services economy
Mumbai headquarters provides access to India's largest corporate and financial ecosystem

Cons

Extremely low share price of Re 1 — a deep penny stock indicating likely accumulated losses, dormant operations, or severe financial distress
Very limited public information available, suggesting near-inactive or shell-like operations
Dual business focus (EPCM + Media/Consulting) suggests potential lack of strategic clarity or historical pivots
Companies with Rs 1 share price carry significant investment risk including potential permanent capital loss
No visible web presence or recent business disclosures complicating due diligence
Age of the company (incorporated 1986) and penny stock status may indicate years of underperformance

Business Segments

EPCM Services

Engineering, Procurement, and Construction Management consulting for infrastructure, industrial, and commercial projects; historical core business

Media Services

Media-related consulting, content, or event management services; represents the diversified non-engineering component of the business

General Consulting

Management and business consulting services to corporate clients; revenue from advisory and project consultancy assignments

Revenue Model

High Ground Enterprise operates as a services business earning consultancy fees and project-based revenues from EPCM assignments and media/consulting engagements. Given the penny stock status, revenues are likely very limited in scale, possibly representing a near-dormant or minimal operations company.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds12

Growth Plans

Potential acquisition by a strategic entity seeking a Mumbai-incorporated EPCM shell vehicle for reverse merger

India's infrastructure expansion under National Infrastructure Pipeline creating demand for EPCM consultants

Fresh management and promoter capital injection could potentially revive operations

Media and consulting sector growth in India if the company can pivot to active engagements

Industry Tailwinds

Recent Developments

Minimal Disclosures

High Ground Enterprise has minimal public disclosures given its unlisted/penny stock status. The company does not appear to have active media presence or significant business announcements in recent years.

2023

Regulatory Compliance

As a public limited company, High Ground Enterprise continues to maintain MCA (Ministry of Corporate Affairs) compliance and ROC filings. Status as a going concern is uncertain at current valuation.

2022

Comparable Companies

CompanyTypeTickerMkt Cap

RITES LimitedListedRITES~Rs 10,000 Cr

Engineers India LimitedListedENGINERSIN~Rs 7,500 Cr

Techno Electric and Engineering CompanyListedTECHNOE~Rs 5,000 Cr

RITES LimitedListed

RITES · ~Rs 10,000 Cr

Frequently Asked Questions

About High Ground Enterprise Limited

High Ground Enterprise Limited is a Mumbai-based EPCM (Engineering, Procurement, Construction Management) and media/consulting services company incorporated on 15 January 1986. With CIN L74999MH1986PLC222681, the company provides engineering project management and consulting services. At its peak in FY2017-18, revenue exceeded Rs 500 crore. However, the company is currently under Corporate Insolvency Resolution Process (CIRP) following financial distress. Managing Director Sandeep Arora and co-directors Sonia Arora and Ashutosh Dixit led the company through its growth phase. The company has an authorised capital of Rs 15 crore and paid-up capital of Rs 11.51 crore. High Ground Enterprise's collapse reflects the challenges faced by mid-sized EPCM companies in India's competitive engineering services market. The current CIRP proceedings mean investors in the company's shares face significant uncertainty about recovery. The outcome will depend on the resolution plan approved by the NCLT and creditors.

Key Milestones

1986: High Ground Enterprise Limited incorporated in Mumbai, Maharashtra (CIN: L74999MH1986PLC222681)

Late 1980s-1990s: Established as an engineering services and consulting company in Mumbai

Common questions about unlisted shares

How do I buy High Ground Enterprise 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 filings11

Leverage & DebtHigh

CRISIL rating of IND D(ISSUER NOT COOPERATING) / IND D(ISSUER NOT COOPERATING) — sub-investment grade; indicates elevated credit risk

Source: CRISIL

Operational RiskLow

A share price of Re 1 raises serious going concern questions. The company may be effectively dormant, shell-like, or in the process of voluntary dissolution.

Source: AlphaHub Research

Fraud / GovernanceLow

Penny stock pricing typically reflects accumulated losses, negative net worth, or balance sheet impairment that makes recovery difficult without fresh capital.

Source: Media Reports / Public Records

Fraud / GovernanceLow

Limited public disclosures from an unlisted penny company make it impossible to assess financial health, management quality, or operational status through standard analysis.

Source: Media Reports / Public Records

Fraud / GovernanceLow

With an unlisted status and Re 1 share price, the shares are highly illiquid with extremely limited buyer-seller matching, making exit from any investment position very difficult.

Source: Media Reports / Public Records

Fraud / GovernanceLow

Ongoing compliance costs as a public company despite minimal revenues could further strain the company's limited financial resources.

Source: Media Reports / Public Records

Going Concern Risk

A share price of Re 1 raises serious going concern questions. The company may be effectively dormant, shell-like, or in the process of voluntary dissolution.

Financial Distress Risk

Penny stock pricing typically reflects accumulated losses, negative net worth, or balance sheet impairment that makes recovery difficult without fresh capital.

Transparency Risk

Limited public disclosures from an unlisted penny company make it impossible to assess financial health, management quality, or operational status through standard analysis.

Liquidity Risk

With an unlisted status and Re 1 share price, the shares are highly illiquid with extremely limited buyer-seller matching, making exit from any investment position very difficult.

Regulatory Risk

Ongoing compliance costs as a public company despite minimal revenues could further strain the company's limited financial resources.

High Ground Enterprise Limited

How settlement works

Get price alerts for High Ground Enterprise Limited

Discuss High Ground Enterprise Limited

Similar companies

Other ways to invest