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

Credit Rating (CRISIL)
Crisil B-/Stable/Crisil A4
Rates the company's debt-servicing ability — not the quality or value of its shares.
Rated: 11 Mar 2025
This rating is over a year old.
View Full ReportValuation
Financials (FY2024)
Source: CRISILInvestment Thesis
Namaste Exports Limited is a 35-year-old garment and textile export company that appears to be in severe financial distress based on its ₹0.01 share price. While India's textile export sector has favorable macro dynamics, this specific company requires urgent due diligence on its current operational status, financial position, and management before any investment consideration. The near-zero price implies very high risk of total loss.
Pros
Cons
Business Segments
Garment & Textile Exports
Export of garments, textiles, and fashion apparel; 228 employees; Bangalore, Karnataka-based operations for international markets.
Revenue Model
Namaste Exports Limited earns revenue by manufacturing or sourcing garments and textiles in India and exporting them to buyers in international markets, typically under FOB or CIF contracts. Revenue is denominated in foreign currency (USD/EUR), providing natural hedging against import costs but also creating exchange rate risk. Export incentives such as duty drawback and RoSCTL supplement operating income.
Detailed Analysis
Growth Plans
India's Free Trade Agreement negotiations with EU and UK could benefit textile exporters
China plus-one sourcing trend potentially benefiting Indian garment manufacturers
Government RoSCTL and PLI scheme incentives for textile exporters
Industry Tailwinds
India's Free Trade Agreement negotiations with EU and UK could benefit textile exporters
Recent Developments
No major corporate developments, MCA filings updates, or export activity found in publicly accessible records.
2024-01Comparable Companies
GOKALDAS · ~₹3,000 Cr (listed)
Frequently Asked Questions
About Namaste Exports
Namaste Exports Limited is an Indian garment and textile export company engaged in exporting apparel, home textiles, or related products to international markets. India is the world's second-largest textile and garment exporter, with textile exports exceeding $44 billion in FY2024. Garment export companies manufacture or source apparel, home textiles, and fashion products and export them primarily to USA, EU, UK, and other developed markets. Companies like Namaste Exports would have buyer relationships with international fashion brands, retail chains, and sourcing agents. The 'Namaste' brand positioning suggests an Indian cultural identity, possibly in ethnic wear, traditional textiles (block print, handloom), or yoga/wellness apparel — segments where Indian cultural authenticity is a global differentiator. Given limited public data, specific export destinations, product categories, and financial metrics are not confirmed for Namaste Exports Limited.
Key Milestones
Incorporated March 21, 1988 in Bangalore South, Karnataka (CIN: U85110KA1988PLC008988) — 37+ years old
Garment/textile export company; 228 employees; promoter holding 74.78%; authorized ₹20 Cr, paid-up ₹13.73 Cr
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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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China plus-one sourcing trend potentially benefiting Indian garment manufacturers
Government RoSCTL and PLI scheme incentives for textile exporters
Industry Headwinds
Operational dormancy risk given the near-zero share price
Inability to compete with Bangladesh and Vietnam on garment export pricing
Potential legal or regulatory issues that have led to current distressed state
CRISIL rating of Crisil B-/Stable/Crisil A4 — sub-investment grade; indicates elevated credit risk
Source: CRISIL
Share price of ₹0.01 is a near-total loss signal; company may be dormant or in process of winding up.
Source: Company Financial Filings
Bangladesh and Vietnam have significantly undercut Indian garment exporters on cost, particularly for basic apparel categories.
Source: AlphaHub Research
Export revenue in USD/EUR is subject to exchange rate fluctuations that can erode INR margins.
Source: Company Financial Filings
Export companies often rely on a few large international buyers; loss of key buyer relationships is existential for small exporters.
Source: AlphaHub Research
International buyers increasingly demand compliance with social, environmental, and quality standards (GOTS, OEKO-TEX) that require ongoing investment.
Source: Regulatory Filings
Share price of ₹0.01 is a near-total loss signal; company may be dormant or in process of winding up.
Bangladesh and Vietnam have significantly undercut Indian garment exporters on cost, particularly for basic apparel categories.
Export revenue in USD/EUR is subject to exchange rate fluctuations that can erode INR margins.
Export companies often rely on a few large international buyers; loss of key buyer relationships is existential for small exporters.
International buyers increasingly demand compliance with social, environmental, and quality standards (GOTS, OEKO-TEX) that require ongoing investment.
TCNSCLOTH · ~₹1,200 Cr (listed)
GARFIBRES · ~₹5,000 Cr (listed)
Revenue declined -26.87% (FY23); profit -76.2% — under financial pressure; website: namasteexports.net
Registered at No. 63, New Timberyard Layout, Mysore Road, Bangalore South, Karnataka 560026
Promoter group (74.78% holding, FY23)