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

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[ICRA]BB
Rates the company's debt-servicing ability — not the quality or value of its shares.
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Unlisted company limiting capital market access for growth funding
Source: Media Reports / Public Records
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About Kineco Limited
Kineco Limited is a leading Indian manufacturer of advanced composite materials for defence, aerospace, telecom, and railways sectors, incorporated in 1994 under CIN U24134GA1994PLC001672 and headquartered at Plot No. 41, Pilerne Industrial Estate, Pilerne, Bardez, North Goa 574110. The company is registered with the Registrar of Companies, Goa and operates as a public limited company. Founded in 1995 (commencing operations after incorporation), Kineco began manufacturing Fibre Reinforced Plastic (FRP) industrial equipment before strategically pivoting toward high-value defence and aerospace composites — a transition that has defined its growth trajectory. Today Kineco operates three state-of-the-art manufacturing facilities spanning 33,000 square metres in Goa, employing over 400 professionals including engineers, technicians, and quality specialists. The company's manufacturing capabilities are world-class, encompassing controlled hand layup, resin transfer moulding (RTM), smart resin infusion, vacuum bagging and prepreg autoclave curing, filament winding, and pultrusion processes. These technologies enable Kineco to work with glass fibre and carbon fibre reinforcements — the materials of choice for high-performance structural applications. The company holds approvals from multiple defence and aerospace certification bodies. Kineco's defence portfolio is particularly notable: the company is a Tier-1 supplier to Hindustan Aeronautics Limited (HAL) for the Advanced Light Helicopter (ALH/Dhruv) program, the Light Combat Aircraft (LCA Tejas) program, and various DRDO and Indian Navy projects. It also supplies ISRO satellite and launch vehicle programs, positioning Kineco at the intersection of India's strategic self-reliance ('Atmanirbhar Bharat') initiatives. A significant corporate development was the acquisition of the remaining 49% stake in its joint venture Kineco Kaman Composites India Private Limited from US-based Kaman Aerospace Inc., converting it into a wholly-owned subsidiary. This milestone strengthened Kineco's capability to serve global aerospace OEMs. The Kineco Kaman subsidiary has achieved delivery milestones for BAE Systems, demonstrating global supply chain participation. Kineco's promoter is founder Shekhar Sardessai, with Indo National Limited (through Helios Strategic Systems Ltd) as a strategic institutional investor.
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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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Defence sector revenue is lumpy and dependent on government programme timelines
Source: Company Financial Filings
High technical barriers require continuous R&D investment
Source: AlphaHub Research
Concentrated customer base in defence/aerospace creates revenue concentration risk
Source: Company Financial Filings
Unlisted shares with limited liquidity — exit restricted to secondary sales or IPO.
Source: Media Reports / Public Records
{"year": "1994", "event": "Kineco Limited incorporated in Goa under CIN U24134GA1994PLC001672"}
{"year": "1995", "event": "Commenced operations manufacturing FRP (Fibre Reinforced Plastic) industrial equipment"}
{"year": "2000s", "event": "Pivoted to high-value defence and aerospace composites; secured HAL and ISRO supplier approvals"}
{"year": "2015", "event": "Established Kineco Kaman Composites India as JV with Kaman Aerospace Inc. (USA)"}
{"year": "2023", "event": "Acquired remaining 49% stake from Kaman Aerospace, making Kineco Kaman a 100% subsidiary"}