What does Indu Engineering and Textiles Limited do?

Indu Engineering and Textiles Limited is an Agra-based industrial conglomerate founded by Late Shri S.R. Agarwal. The company started with India Casting Company making weights for weighments and subsequently expanded into railway components, agricultural diesel engines, and textiles. It operates across engineering and textiles segments from its base in Agra, Uttar Pradesh.

Who are the promoters of Indu Engineering and Textiles?

The company was founded by Late Shri S.R. Agarwal, who pioneered the group. The Agarwal family continues as promoters of the company through the S.R. Agarwal Group based in Agra.

Is Indu Engineering and Textiles planning an IPO?

No IPO plans have been publicly announced for Indu Engineering and Textiles Limited. The company remains an unlisted public limited entity operating primarily in the domestic market.

How do I buy Indu Engineering and Textiles 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 Indu Engineering and Textiles?

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 Indu Engineering and Textiles 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.

Indu Engineering and Textiles Unlisted Share Price | Buy Indu Engineering and Textiles Pre-IPO Shares — wisefolio

Q: What products does Indu Engineering and Textiles manufacture?

The company manufactures a diversified range of products including cast iron weights for weighments, railway components, agricultural diesel engines, and textile products. The original business was founded as India Casting Company before expanding into the current conglomerate structure.

Investment Thesis

Indu Engineering and Textiles Limited is a 50+ year old diversified industrial company based in Agra, founded by the Agarwal family. With operations spanning castings, railway components, agricultural diesel engines and textiles, the company has a legacy manufacturing base. However, limited public disclosures, a share price at face value, and intense sectoral competition make it a high-risk, low-visibility investment for external investors.

Pros

ISIN INE022S01018 confirmed; listed on MSEI (Bloomberg: INDUENG:IN); 53+ years of operations since 1965/1972; SR Group of Industries.
Diversified engineering output: graded castings, auto parts, auto bearings, pumps, generators, welding sets, alternators — broad industrial product portfolio.
Agra, Uttar Pradesh — industrial city with strong foundry and engineering tradition; export-capable manufacturer.
Authorized ₹5.25 Cr; paid-up ₹5.145 Cr — nearly fully subscribed; active exporter per IndiaMART and ExportersIndia listings.

Cons

MSEI listing has near-zero secondary market liquidity; limited institutional investor access.
Engineering castings and auto parts face strong competition from organized auto ancillary sector.
No revenue data publicly confirmed in recent filings; financial scale uncertain.
Agra manufacturing base may face environmental and logistics challenges for heavy engineering exports.

Business Segments

Foundry / Graded Castings

Manufacturing of all types of graded castings including cast iron components for industrial applications; brake drums and cast iron products.

Auto Parts & Engineering Components

Manufacturing of auto parts, auto bearings, centrifugal water pumps, generators, welding sets, and alternators for automotive and industrial sectors.

Revenue Model

The company generates revenue through manufacturing and sale of engineering products (railway components, castings, weights), agricultural diesel engines, and textile products to domestic buyers and government/institutional procurement.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

Increased government spending on Indian Railways infrastructure could boost railway component demand

UP government industrial initiatives could benefit Agra-based manufacturers

Industry Tailwinds

Increased government spending on Indian Railways infrastructure could boost railway component demand

UP government industrial initiatives could benefit Agra-based manufacturers

Recent Developments

Limited recent public disclosures

No significant recent developments publicly available for Indu Engineering and Textiles Limited. Company appears to operate with limited public disclosure of financial and operational information.

N/A

Comparable Companies

CompanyTypeTickerMkt Cap

Welspun IndiaListed textile manufacturer in India; comparable in textile segmentListed (NSE: WELSPUNIND)——

Bharat ForgeListed engineering company; comparable in engineering fabrication segmentListed (NSE: BHARATFORG)——

Welspun IndiaListed (NSE: WELSPUNIND)

Listed textile manufacturer in India; comparable in textile segment

Bharat ForgeListed (NSE: BHARATFORG)

Frequently Asked Questions

About Indu Engineering and Textiles

Indu Engineering and Textiles Limited is an Agra, Uttar Pradesh-based public limited company incorporated in 1972, operating in engineering and textiles activities. Registered under CIN L74899UP1972PLC086068 with the Registrar of Companies, Kanpur, the company has a paid-up capital of approximately Rs.5.15 crore against an authorized capital of Rs.5.25 crore. The company is classified under 'Other Business Activities' per MCA's NIC code categorisation, suggesting a diversified or multi-purpose business that straddles both engineering fabrication and textile manufacturing. Agra is historically known for its leather goods and tourism industry, but the region also has light engineering and textile activities serving local and regional markets. Directors include Virendra Niwas Khaitan, Anil Sharma, Manju Rani Agarwal, Pramod Kumar Agarwal, Rupendra Kumar Kushwaha, Gaurav Agarwal, Vinod Kumar Sharma, and Ajay Kumar Singh — an eight-member board suggesting an active corporate governance structure for a company of this scale. With over 50 years of operating history, Indu Engineering has been a part of Uttar Pradesh's industrial fabric. However, limited public financial disclosures make it difficult to assess the company's current financial health or strategic direction. The company appears to be a small-scale operation with a local market focus in North India's engineering and textiles supply chain.

Key Milestones

Founded 1965 by Shri S. R. Agarwal; incorporated December 30, 1972 in Agra, UP (CIN: L74899UP1972PLC086068)

Common questions about unlisted shares

How do I buy Indu Engineering and Textiles 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?

Indu Engineering and Textiles Limited

How settlement works

Get price alerts for Indu Engineering and Textiles Limited

Discuss Indu Engineering and Textiles

Similar companies

Other ways to invest