What does Placid Limited do?

Placid Limited is a Kolkata-based non-government investment NBFC incorporated in 1946. It is engaged in investment and financial activities as a registered Non-Banking Financial Company under RBI regulations. The company manages an investment portfolio and is registered at the Registrar of Companies, Kolkata.

Why is the share price of Placid Limited so high at ₹3,150?

A high unlisted share price typically reflects significant net asset value per share, often built up over decades of retained earnings and portfolio appreciation. In the case of Placid Limited, nearly 80 years of accumulated investments likely underpin the high per-share value.

Is Placid Limited listed on any stock exchange?

No. Placid Limited is classified as an unlisted company and is not traded on BSE or NSE. Its shares are available only through the unlisted or over-the-counter market.

Who are the directors of Placid Limited?

Ramavtar Holani is a known director of Placid Limited. For a complete list of current directors and promoters, investors should review MCA filings under CIN U74140WB1946PLC014233.

What is the lot size for Placid Limited unlisted shares?

The lot size is 1 share at approximately ₹3,150 per share in the unlisted market.

Is Placid Limited an RBI-registered NBFC?

Yes. Placid Limited is registered as a non-government investment NBFC with the Reserve Bank of India, authorised to carry out investment and financial activities.

How do I buy Placid Limited 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 Placid Limited?

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 Placid Limited 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.

Placid Limited Unlisted Share Price | Buy Placid Limited Pre-IPO Shares — wisefolio

Investment Thesis

Placid Limited stands out as one of India's oldest investment NBFCs, with nearly eight decades of operational history from Kolkata. The ₹3,150 share price reflects a substantial accumulated investment portfolio. Its institutional longevity is a significant positive, though limited public disclosures and unlisted status mean investors must rely on MCA filings and direct engagement for due diligence. Best suited for patient, long-term investors with knowledge of the Kolkata investment company ecosystem.

Pros

NBFC-ND-SI (Non-Deposit Taking Systemically Important NBFC) registered with RBI — highest NBFC tier with regulatory oversight; 79+ years since 1946.
Bangur family promoters (LNB Group) — established Kolkata industrial house; Compliant + Active status; authorized ₹31.05 Cr, paid-up ₹5.37 Cr.
7, Munshi Premchand Sarani, Kolkata 700022 — established South Kolkata commercial address; website: lnbgroup.com/placid.
High share price ₹3,150/share indicates significant net worth per share and limited float — quality NBFC-ND-SI.

Cons

Unlisted (U-prefix) — no secondary market; no ISIN confirmed; high share price creates illiquidity.
Small paid-up capital (₹5.37 Cr) relative to NBFC-ND-SI classification — asset book size not confirmed.
No revenue data publicly confirmed; limited investor-facing disclosures despite RBI-regulated status.
NBFC-ND-SI classification means RBI has enhanced supervisory oversight; compliance costs are significant.

Business Segments

NBFC Loans & Investments

Non-deposit taking NBFC-ND-SI; providing loans and making investments in shares and securities; LNB Group financial arm; Kolkata.

Revenue Model

Placid Limited, as an investment NBFC, generates revenue through dividend income, interest income on debt securities and loans, and capital gains from equity and other investment disposals. The high per-share price suggests a substantial accumulated investment portfolio built over nearly eight decades of operation.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds11

Growth Plans

India's long-term equity market growth driven by economic expansion and corporate earnings growth

Rising dividend yields from mature investee companies in the portfolio

Potential unlocking of value through strategic portfolio restructuring or listing

India's improving investment climate attracting capital and supporting asset valuations

Industry Tailwinds

Recent Developments

RBI NBFC regulatory framework update

The Reserve Bank of India continued to refine its Scale Based Regulation framework for NBFCs, with investment NBFCs like Placid Limited subject to compliance requirements around portfolio disclosure and governance standards.

2024-07

Indian equity markets strong performance

Indian equity markets posted strong returns in 2023 and 2024, with the BSE Sensex and Nifty 50 reaching record levels, benefiting investment portfolios held by NBFCs and investment holding companies like Placid Limited.

2023-12

Comparable Companies

CompanyTypeTickerMkt Cap

Tata Investment CorporationListedTATAINVEST~45,000 Cr

Kalyani Investment CompanyListedKALYANIINV~4,000 Cr

Pilani Investment & IndustriesListedPILANIINVS~2,500 Cr

Tata Investment CorporationListed

TATAINVEST · ~45,000 Cr

Frequently Asked Questions

About Placid Limited

Placid Limited is one of the oldest surviving unlisted public companies in India, incorporated on 31 July 1946 — just over a year before India's independence. Registered in Kolkata, West Bengal, the company holds the CIN U74140WB1946PLC014233 and is registered with the Registrar of Companies, ROC Kolkata. The company operates as an Investment and Credit Non-Banking Financial Company (NBFC) under the Financial and Insurance Services sector. Its registered address is 7, Munshi Premchand Sarani, Kolkata, West Bengal — 700022. The company's authorised share capital is Rs 31.05 crore with a paid-up capital of Rs 5.37 crore. As an investment-focused NBFC, Placid Limited's primary business activity involves investing in and managing a portfolio of financial instruments including equities, fixed-income securities, and other investment assets. This model is common among old-economy holding and investment companies established in the post-independence era, many of which were set up by business families or trading houses as vehicles for capital deployment. Placid Limited is classified as compliant with MCA regulatory requirements and continues to file its annual returns. The company has maintained its active status over its nearly eight decades of existence, demonstrating institutional resilience even as the broader business environment has transformed significantly. The investment NBFC space in India is regulated by the Reserve Bank of India (RBI), and companies in this category are required to maintain prescribed capital adequacy norms and reporting standards. Placid Limited's relatively modest paid-up capital of Rs 5.37 crore against an authorised capital of Rs 31.05 crore suggests it operates conservatively within its capital structure.

Key Milestones

Incorporated July 31, 1946 in Kolkata, West Bengal (CIN: U74140WB1946PLC014233) — 79+ years old

Common questions about unlisted shares

How do I buy Placid Limited 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?

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