What does ITL Finlease and Securities Limited do?

ITL Finlease and Securities Limited is a Delhi-incorporated public limited company registered as an NBFC. The 'L' prefix in its CIN (L65910DL1991PLC045090) indicates it is technically listed, though it appears to be dormant with minimal or no active operations based on the negligible share price and absence of public information.

What is the significance of the ISIN INE767V01012?

The ISIN INE767V01012 is the valid International Securities Identification Number assigned to ITL Finlease and Securities Limited. Having a valid ISIN means shares can, in principle, be held in demat form, but trading would be minimal given the company's dormant status.

Is ITL Finlease a shell company?

Based on available information — extremely low share price (₹0.10), no active website, no known promoter disclosure, and minimal public financial data — ITL Finlease and Securities Limited shows characteristics typically associated with dormant or near-shell entities. Investors should exercise extreme caution.

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 ITL Finlease and Securities 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 ITL Finlease and Securities 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.

ITL Finlease and Securities Limited Unlisted Share Price | Buy ITL Finlease and Securities 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.

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ITL Finlease and Securities Limited Unlisted Share Price | Buy ITL Finlease and Securities Limited Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

ITL Finlease and Securities Limited is effectively a penny-stock dormant entity with negligible business activity. Its ISIN (INE767V01012) and NBFC registration are its primary identifiable assets. Investors should treat this as a high-risk, near-speculative holding with limited visibility into financials, promoters, or future operations. Not suitable for regular investment.

Pros

Incorporated in 1991 with a valid ISIN (INE767V01012) and CIN, maintaining its legal registration as a public limited company
Delhi-based registration provides access to India's capital and regulatory hub, with proximity to SEBI, RBI regional offices, and financial intermediaries
As an NBFC licensed entity, it holds the regulatory registration that is itself a valuable asset in the current tightly regulated NBFC landscape
Low per-share price (₹0.10) means minimum capital outlay for any strategic acquirer or investor looking to acquire a shell NBFC/financial entity

Cons

Extremely low share price of ₹0.10 strongly indicates the company is dormant, financially stressed, or effectively a shell entity with no meaningful operating business
No publicly available website or active investor relations platform indicates minimal to no active business operations
NBFC sector has seen significant regulatory tightening by RBI; dormant NBFCs risk cancellation of Certificate of Registration
Promoter identity is not publicly documented, adding governance and transparency concerns for potential investors
With a share price of ₹0.10 and likely very low paid-up capital, the market cap is negligible — suggesting the market assigns near-zero going concern value
Limited financial filings in public domain make it impossible to assess the true financial health of the company

Business Segments

Finlease & Securities (Historical)

Historically incorporated to conduct NBFC activities including hire-purchase, leasing financing, and securities dealing. Current operational status is unclear and likely dormant.

Revenue Model

Historically, finlease NBFCs generate income through hire-purchase income, lease rentals, interest on loans, and gains from securities dealing. However, given the near-zero share price and absence of active disclosures, ITL Finlease appears to generate minimal to no revenue from operations.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds8

Growth Plans

Potential reverse merger or acquisition by an active entity seeking to utilize the NBFC registration or listed shell status

Regulatory changes that could increase the value of legacy NBFC registrations

Industry Tailwinds

Potential reverse merger or acquisition by an active entity seeking to utilize the NBFC registration or listed shell status

Regulatory changes that could increase the value of legacy NBFC registrations

Recent Developments

Continued Dormant Status

ITL Finlease and Securities Limited continues to maintain its corporate registration. No new business developments, regulatory filings highlights, or operational announcements have been publicly reported.

2024

Comparable Companies

CompanyTypeTickerMkt Cap

Sangam Advisors LimitedListedUnlisted/Dormant NBFCNegligible

Other Delhi-based dormant finlease NBFCs from the 1990sListedVariousNegligible

Sangam Advisors LimitedListed

Unlisted/Dormant NBFC · Negligible

Other Delhi-based dormant finlease NBFCs from the 1990sListed

Various · Negligible

Frequently Asked Questions

About ITL Finlease and Securities Limited

ITL Finlease and Securities Limited is a Reserve Bank of India registered Non-Banking Financial Company (NBFC) headquartered at GD-ITL Tower, Netaji Subhash Place, Pitampura, New Delhi. Originally incorporated in 1991 as Indus Leasing Limited, the company was subsequently renamed to ITL Finlease and Securities Limited to reflect its evolved business focus on financial intermediation, securities trading, and leasing activities. Operating under the regulatory purview of the RBI, ITL Finlease is classified as a Loan Company NBFC that extends credit facilities including loans, leases, and hire-purchase arrangements primarily to small and medium enterprises (SMEs), individuals, and corporates in the National Capital Region. The company also engages in treasury operations, equity and debt securities investments, and general advisory services for its clientele. ITL Finlease maintains a public limited company structure with equity listed or available for trading on unlisted markets, and has built a steady deposit and equity base over its three decades of operations. The company is associated with the ITL group which has presence in the Delhi NCR region across multiple business verticals. Its registered office at GD-ITL Tower in Pitampura provides a central location to serve its predominantly Delhi-based clientele. As a seasoned NBFC, the company maintains compliance with RBI's Master Directions for NBFCs including capital adequacy requirements, asset classification norms, and provisioning standards. The company's core business model focuses on providing tailored financial products that meet the credit needs of underserved segments not fully catered to by mainstream commercial banks. ITL Finlease's long operational history of over 30 years attests to its resilience through multiple economic cycles and regulatory changes in the Indian financial services sector.

Key Milestones

1991 – ITL Finlease and Securities Limited incorporated in New Delhi under Companies Act (CIN: L65910DL1991PLC045090)

Common questions about unlisted shares

How do I buy ITL Finlease and Securities 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?

ITL Finlease and Securities Limited

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