What does Mrigaya Estate and Finance Limited do?

Mrigaya Estate and Finance Limited is a Uttar Pradesh-based company engaged in real estate and financial services, including property development and related financial activities.

When was Mrigaya Estate and Finance Limited incorporated?

The company was incorporated in 1988 and is registered in Uttar Pradesh with CIN L51396UP1988PLC009275.

Is Mrigaya Estate and Finance Limited listed?

The CIN prefix 'L' indicates it has listed status with MCA, but it may not be actively traded on major exchanges like BSE or NSE. It is classified as an unlisted company in the secondary market.

What is the registered address of Mrigaya Estate and Finance Limited?

The company is registered in Uttar Pradesh, India, per its CIN (L51396UP1988PLC009275). The exact registered office address would be available in MCA filings.

What is the share price of Mrigaya Estate and Finance Limited?

The current indicative price in the unlisted market is approximately ₹14.45 per share.

How do I buy Mrigaya Estate & Finance 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 Mrigaya Estate & Finance?

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 Mrigaya Estate & Finance 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.

Mrigaya Estate & Finance Unlisted Share Price | Buy Mrigaya Estate & Finance 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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Mrigaya Estate & Finance Unlisted Share Price | Buy Mrigaya Estate & Finance Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Mrigaya Estate and Finance Limited is a near-dormant listed entity. MSEI listed (MRIGAYA:IN); L-prefix CIN L51396UP1988PLC009275; Kanpur, UP. No filings since 2017. Authorized ₹1.60 Cr; paid-up ₹1.53 Cr. Effectively inactive.

Pros

MSEI listed (Bloomberg: MRIGAYA:IN); L-prefix CIN; 37+ years since 1988; Kanpur, Uttar Pradesh — major UP commercial centre.
Authorized ₹1.60 Cr; paid-up ₹1.53 Cr — nearly fully subscribed capital structure.

Cons

Latest annual return: 2016; latest financial statement: 2017 — no filings for 9+ years; effectively dormant.
MSEI listing has near-zero secondary market liquidity; company has essentially ceased operations.
No revenue data, website, or promoter details publicly available; no ISIN confirmed.
Real estate + financing activities (dual-stated business) with zero recent activity.

Business Segments

Real Estate & Finance

Wholesale real estate and financing/investment activities (NIC 51396); Kanpur, Uttar Pradesh.

Revenue Model

Mrigaya Estate and Finance Limited generates revenue through real estate transactions including property sales, development, and leasing, supplemented by income from financial services activities such as lending and investment returns. Revenue is lumpy in nature, typical of real estate businesses, and depends on the timing of property transactions and asset monetization.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds9

Growth Plans

Rapid urbanization and infrastructure development in Uttar Pradesh driving real estate demand

State government's industrial and real estate development initiatives (UP Expressway projects, Noida expansion)

Growing demand for affordable housing in Tier-2 and Tier-3 UP cities

Industry Tailwinds

Rapid urbanization and infrastructure development in Uttar Pradesh driving real estate demand

Recent Developments

No significant public developments found

No press releases, news coverage, or regulatory announcements available in the public domain beyond MCA registration data.

Comparable Companies

CompanyTypeTickerMkt Cap

Anant Raj LimitedListedANANTRAJ~₹9,000 Cr

Eldeco Housing and Industries LimitedListedELDEHSG~₹600 Cr

Supertech LimitedListedUnlisted—

Anant Raj LimitedListed

ANANTRAJ · ~₹9,000 Cr

Frequently Asked Questions

About Mrigaya Estate & Finance

Mrigaya Estate and Finance Limited is an Indian company with dual operations in real estate and financial services. The company likely develops or deals in real estate properties while also engaging in financial activities such as lending, investment, or wealth management. Real estate and finance companies in India often combine property development with financing activities — either providing housing loans to buyers of their own projects or acting as financial intermediaries. Such dual-purpose entities are common in India's real estate ecosystem where developers maintain related finance arms. Given limited public data, specific financial metrics, project portfolio, and operational scale for Mrigaya Estate and Finance Limited are not available from public databases.

Key Milestones

Incorporated January 12, 1988 in Kanpur, Uttar Pradesh (CIN: L51396UP1988PLC009275) — 37+ years old

MSEI listed (Bloomberg: MRIGAYA:IN); real estate and financing company; authorized ₹1.60 Cr, paid-up ₹1.53 Cr

Common questions about unlisted shares

How do I buy Mrigaya Estate & Finance 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?

Mrigaya Estate and Finance Limited

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