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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
Financials (FY2024)
Investment Thesis
NEPACL is a legacy NBFC from Assam with over 40 years of existence but very limited scale and public information. It operates in a region with growing economic potential but lacks the capital base and visibility to be a significant investment candidate in the near term.
Pros
Cons
Business Segments
Non-Banking Finance
RBI-registered NBFC activities including lending and investment operations
Publishing & Advertising
Legacy publishing and advertising operations in North East India
Revenue Model
Interest income from NBFC lending activities, investment income, and legacy revenue from publishing and advertising services in the North East India market.
Detailed Analysis
Growth Plans
Increased government focus and investment in North East India infrastructure
Potential expansion of NBFC lending portfolio in an underserved region
Digital transformation of financial services outreach
Industry Tailwinds
Increased government focus and investment in North East India infrastructure
Recent Developments
Company continues to operate as a registered NBFC under RBI regulations, focusing on North East India.
2024-01Comparable Companies
A real estate developer in India with mixed residential and commercial projects, comparable to NEPACL's real estate activities.
Frequently Asked Questions
About NEPACL
North Eastern Publishing and Advertising Co. Ltd. (NEPACL) is one of Assam's longest-standing corporate entities, incorporated on 24 June 1981 in Guwahati. With a CIN of L68200AS1981PLC001884, the company has operated for over four decades, originally established in the publishing and advertising space in northeast India before expanding into real estate activities. NEPACL maintains a registered office at Room No. 5, 1st Floor, H.M. Market, T.R. Phookan Road, Guwahati, Assam - 781001, and operates a corporate website at nepacl.in. The company has adopted Online Dispute Resolution (ODR) mechanisms, evidenced by its publicly available ODR introduction policy document, reflecting a commitment to modern governance practices. The company has an authorized share capital of Rs 40.51 crore, with fully paid-up capital of the same amount, indicating a well-capitalized structure for a regional company. This relatively large paid-up capital base suggests the company has mobilized significant equity from shareholders over its operational history. The board of directors includes Champa Lal Pareek and Chand Ratan Modi among others, suggesting a management structure with experience in the commercial and business environment of northeastern India. The company's classification under NIC codes related to real estate activities reflects its current primary business focus. NEPACL operates within northeast India's unique business environment, where companies often serve as critical regional anchors across media, real estate, and commerce. Guwahati, as the commercial capital of northeast India and a rapidly growing tier-2 city, provides a favorable backdrop for real estate and business services operations. The company's combination of publishing/advertising heritage and real estate activities makes it a diversified regional enterprise. Its multi-decade presence in Guwahati provides it with local market knowledge, established relationships with government and commercial clients, and brand recognition within the northeast India business community.
Key Milestones
Common questions about unlisted shares
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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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Potential expansion of NBFC lending portfolio in an underserved region
Digital transformation of financial services outreach
Industry Headwinds
RBI tightening of NBFC regulations
Inability to raise capital due to low market visibility
Competition from larger NBFCs and fintech players entering North East India
Limited public financial disclosure despite large authorized capital of Rs 40.51 crore
Source: Media Reports / Public Records
Business classification shifted significantly from original publishing/advertising to real estate, suggesting strategic pivots
Source: Media Reports / Public Records
Very low trading volumes and market cap make entry and exit extremely difficult for investors.
As an NBFC, the company is subject to RBI regulations and any tightening of NBFC norms could impact operations.
All operations are concentrated in North East India, making the business vulnerable to regional economic downturns.
Limited financial disclosures make it difficult to assess true financial health and governance quality.
A major regional media and publishing company in India, reflecting NEPACL's original publishing heritage.
1981: Incorporated as a public limited company in Assam under CIN L68200AS1981PLC001884
Registered with RBI as a Non-Deposit-taking Non-Banking Financial Company
Expanded into real estate-related financial services over the decades
Website launched at nepacl.in for stakeholder communication