Is Meenakshi Mercantiles Limited a listed company?

No. Meenakshi Mercantiles Limited is an unlisted company and its shares are not traded on BSE or NSE.

What is the investment risk in Meenakshi Mercantiles Limited?

The investment risk is very high. The company has no known CIN, ISIN, or website, and no traceable financial information. Unlisted shares are highly illiquid.

How do I buy Meenakshi Mercantiles 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 Meenakshi Mercantiles?

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 Meenakshi Mercantiles 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.

Meenakshi Mercantiles Unlisted Share Price | Buy Meenakshi Mercantiles 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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Meenakshi Mercantiles Unlisted Share Price | Buy Meenakshi Mercantiles Pre-IPO Shares — wisefolio | wisefolio

Pros

MSEI listed (Bloomberg: MEML:IN); L-prefix CIN (L67120WB1985PLC120157); 40+ years since 1985; NBFC/investment company.
Kolkata (Woodburn Central, Bibhabati Bose Sarani) — established financial district address; active company filing status.
Authorized ₹12.55 Cr; paid-up ₹12.24 Cr — nearly fully subscribed; significant historical capital.

Cons

Revenue ₹1-100 Cr range (FY18) — stale data; no recent financials publicly available.
MSEI listing has near-zero secondary market liquidity; limited institutional access.
NBFC/investment company with no clearly differentiated business model; passive holding likely.
No promoter details confirmed; Chandak/Goenka directors suggest professional management rather than family ownership.

Business Segments

NBFC / Investment

Non-banking financial services; investment in securities and financial instruments; financial intermediation activities (NIC 67120).

Revenue Model

Meenakshi Mercantiles Limited generates revenue through buying and selling merchandise, earning a trading margin on the difference between purchase and sale prices. The company likely operates as a domestic trading intermediary in one or more product categories, earning commission or spread-based income on trade volumes.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds9

Growth Plans

India's GST formalization driving consolidation towards organised trading entities

India's growing domestic consumption creating sustained demand for trading intermediaries

Digital payment and logistics infrastructure improving trading efficiency and reach

Industry Tailwinds

India's GST formalization driving consolidation towards organised trading entities

Recent Developments

No significant public developments found

No press releases, news coverage, or regulatory announcements found for this company in the public domain.

Comparable Companies

CompanyTypeTickerMkt Cap

Redington (India) LimitedListedREDINGTON~₹12,000 Cr

MSTC LimitedListedMSTCLTD~₹3,000 Cr

TCI Express LimitedListedTCIEXP~₹4,000 Cr

Redington (India) LimitedListed

REDINGTON · ~₹12,000 Cr

Frequently Asked Questions

About Meenakshi Mercantiles

Meenakshi Mercantiles Limited is an Indian mercantile trading company engaged in the buying and selling of goods across one or more commodity or product categories. Mercantile companies in India serve as intermediaries in the trade supply chain, connecting producers and manufacturers with buyers and consumers. The company may operate in textile, agri-commodities, metals, or other trading categories. Named after the goddess Meenakshi — commonly associated with Tamil Nadu — the company may have South Indian origins, though this is not confirmed from available public data. Mercantile trading businesses generate revenue through price arbitrage between purchase and sale transactions, or through agency commission on facilitated trades. Such companies typically have lean organisational structures with revenue driven primarily by the volume and margin of goods traded. Limited public data is available for Meenakshi Mercantiles Limited. The company appears to be a smaller trading entity with limited external visibility.

Key Milestones

Incorporated December 2, 1985 in Kolkata, West Bengal (CIN: L67120WB1985PLC120157) — 40+ years old

MSEI listed (Bloomberg: MEML:IN); NBFC and investment company; authorized ₹12.55 Cr, paid-up ₹12.24 Cr

Common questions about unlisted shares

How do I buy Meenakshi Mercantiles 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?

Meenakshi Mercantiles Limited

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