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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
Investment Thesis
Jord Engineers India Limited is a highly distressed or dormant unlisted company whose share price at ₹0.10 reflects near-complete erosion of shareholder value. With no meaningful public presence and no confirmed operational activity, it represents a near-zero investment proposition outside of a specific distressed acquisition or turnaround thesis.
Pros
Cons
Business Segments
Industrial Drying & Thermal Processing Equipment
Design and manufacture of industrial drying equipment (spray dryers, drum dryers, evaporators) for food processing, chemical, pharmaceutical, and minerals industries, based on possible Jord International technology collaboration.
Engineering & Fabrication Services
General engineering fabrication and custom industrial equipment manufacturing for B2B clients in chemical and processing industries.
Revenue Model
If operational, the company would generate revenue through project-based sales of industrial drying equipment and engineering services to process industry customers. Given the sub-face-value share price, current revenue generation is likely negligible or nil.
Detailed Analysis
Growth Plans
Acquisition by a strategic buyer in the industrial equipment space could unlock any residual asset or IP value
Revival by promoters through capital infusion and management restructuring remains a theoretical possibility
India's growing food processing and chemicals sectors create structural demand for industrial drying equipment if any operations resume
Industry Tailwinds
Comparable Companies
THERMAX.NS · ~₹40,000 crore
Frequently Asked Questions
About Jord Engineers India Limited
Jord Engineers India Limited is a Mumbai-based engineering company incorporated on 20 December 1989 in Maharashtra, historically engaged in manufacturing industrial engineering equipment including drying systems and material handling equipment. Registered at 504, Vishwananak Apartment, Chakala Link Road, Andheri East, Mumbai, the company had authorized capital of Rs.50 crore with paid-up capital of Rs.27.55 crore at its last active filings. Jord Engineers was previously associated with the Jord International group for process equipment manufacturing, delivering drying systems and material handling equipment to pharmaceutical, chemical, and food processing industries. The company has been delisted from stock exchanges and is currently under CIRP (Corporate Insolvency Resolution Process) under the Insolvency and Bankruptcy Code (IBC). As a company under CIRP proceedings, Jord Engineers has a Resolution Professional (RP) managing its affairs while creditors seek recovery of their dues. The outcome of the resolution process — whether through a resolution applicant taking over the business or liquidation — will determine the fate of the company's operations and assets. Investors considering Jord Engineers shares must understand that this is a distressed asset in insolvency proceedings. Equity holders typically receive zero or minimal recovery in IBC proceedings as creditors take priority over equity in the resolution waterfall. Any investment in Jord Engineers shares should be considered extremely speculative given the active CIRP status and uncertainty about business revival prospects.
Key Milestones
1989: Jord Engineers India Limited incorporated in Mumbai under the Companies Act
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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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Acquisition by a strategic buyer in the industrial equipment space could unlock any residual asset or IP value
Revival by promoters through capital infusion and management restructuring remains a theoretical possibility
India's growing food processing and chemicals sectors create structural demand for industrial drying equipment if any operations resume
Industry Headwinds
Highly likely the company is dormant with no operational activity and minimal to zero recoverable value
Outstanding liabilities (if any) may exceed any recoverable asset value
MCA strike-off risk if statutory filings have lapsed
Share price at ₹0.10 (below face value) suggests near-total erosion of shareholder equity; the company may be technically insolvent
Source: Company Financial Filings
Absence of website, disclosures, and any public business activity strongly suggests the company is dormant or minimally operational
Source: AlphaHub Research
No publicly available financial statements or disclosures make independent assessment impossible
Source: AlphaHub Research
Persistent non-compliance with MCA disclosure requirements could lead to strike-off proceedings
Source: Regulatory Filings
Investment at current price carries near-total risk of capital loss given the apparent dormant or distressed status
Source: Media Reports / Public Records
Share price at ₹0.10 (below face value) suggests near-total erosion of shareholder equity; the company may be technically insolvent
Absence of website, disclosures, and any public business activity strongly suggests the company is dormant or minimally operational
No publicly available financial statements or disclosures make independent assessment impossible
Persistent non-compliance with MCA disclosure requirements could lead to strike-off proceedings
Investment at current price carries near-total risk of capital loss given the apparent dormant or distressed status
G1A (XETRA) · ~€4.5 billion
GMMPFAUDLR.NS · ~₹8,000 crore
Late 1980s-1990s: Operated as an engineering company, possibly leveraging Jord International (Australia) technology for industrial drying equipment
Post-1990s: Financial difficulties appear to have emerged over time, leading to current sub-face-value share price
Ongoing: Company maintains legal existence as an unlisted public limited company but appears largely inactive