What does Remi Sales and Engineering Limited do?

Remi Sales and Engineering Limited is part of the Remi Group and operates as a trading and distribution company primarily dealing in fractional horsepower (HP) electrical motors, laboratory equipment, and wind power-related components. The company was incorporated in 1980 and is based in Mumbai, Maharashtra.

Who are the promoters of Remi Sales and Engineering Limited?

The company is part of the Remi Group, a Mumbai-based industrial conglomerate historically associated with the Mody family. The Remi Group has diversified interests across electrical equipment, carbon brushes, motors, and industrial components.

Is Remi Sales and Engineering Limited listed?

Remi Sales and Engineering Limited has an ISIN (INE130I01010) but trades as an unlisted company in the secondary market. It is incorporated as a Public Limited Company (CIN: L31100MH1980PLC022314) but is not actively traded on BSE or NSE.

What sectors does Remi Sales and Engineering serve?

The company serves industrial, laboratory, and renewable energy sectors through its product range of fractional HP motors, laboratory equipment, and wind power components. Its customers include OEMs, industrial units, and research institutions.

How do I buy Remi Sales and Engineering 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 Remi Sales and Engineering 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 Remi Sales and Engineering 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.

Remi Sales and Engineering Limited Unlisted Share Price | Buy Remi Sales and Engineering Limited 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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Remi Sales and Engineering Limited Unlisted Share Price | Buy Remi Sales and Engineering Limited Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Remi Sales and Engineering Limited is a decades-old industrial trading company within the established Remi Group ecosystem, operating in electrical motors, lab equipment, and wind power. While the group's brand legacy and diversified product mix are positives, the lack of public financial data and trading-only model limit visibility into growth potential. Investors in the unlisted space should conduct careful due diligence given limited disclosure.

Pros

Part of the established Remi Group, which has been operating in India since the 1940s across electrical equipment, motors, and industrial goods — providing brand credibility and customer trust
Diversified product portfolio covering fractional HP electrical motors, laboratory equipment, and wind power components reduces dependence on any single product line
Long operational track record since 1980 in the electrical equipment distribution space with well-established dealer and OEM customer relationships across India

Cons

Very limited public financial disclosure as an unlisted company makes it difficult to assess current revenue trajectory, profitability, or balance sheet health
Electrical motor distribution is a commoditized, low-margin segment with intense competition from larger players like ABB, Siemens, and Crompton Greaves
Small-to-mid scale operation relative to listed peers; limited access to capital markets for expansion financing

Business Segments

Electrical Motors

Distribution and trading of fractional HP electrical motors for industrial and OEM use

Laboratory Equipment

Scientific and laboratory instruments trading

Wind Power Components

Components and equipment for wind energy applications

Revenue Model

Remi Sales and Engineering generates revenue primarily through trading margins on electrical motors, laboratory equipment, and wind power components sold to industrial OEMs, research institutions, and renewable energy project developers across India.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

India's accelerating wind energy capacity addition — targeting 140 GW by 2030 — could drive demand for wind power components

Industrial capex recovery post-COVID boosting demand for electrical motors and equipment

Industry Tailwinds

India's accelerating wind energy capacity addition — targeting 140 GW by 2030 — could drive demand for wind power components

Recent Developments

Comparable Companies

CompanyTypeTickerMkt Cap

ABB India LimitedPE: 70–80xxListedABB75,000 Cr

Siemens India LimitedPE: 75–85xxListedSIEMENS1,10,000 Cr

Crompton Greaves Consumer ElectricalsPE: 35–40xxListedCROMPTON16,000 Cr

ABB India LimitedListed

Frequently Asked Questions

About Remi Sales and Engineering Limited

Remi Sales and Engineering Limited is a Mumbai-based trading and distribution company incorporated in 1980. Part of the Remi Group, the company distributes electrical motors (fractional HP), laboratory instruments, scientific equipment, electric fans, steel goods, and blood bank refrigeration equipment across India. It operates through approximately 11 branch offices in major cities (Ahmedabad, Bengaluru, Kolkata, Delhi, Chennai, Hyderabad, Kochi, Nagpur, Indore, Kanpur, Goa) and a network of over 250 authorised distributors. In addition to its core trading business, the company operates a 750 kW wind power generation unit at Village Brahmanwel, District Dhule, Maharashtra. Remi Sales has been listed on the BSE since the 1980s but the board approved a voluntary delisting proposal in December 2020, when promoter-linked entities made an offer to acquire the remaining ~50.58% public shareholding at Rs. 61 per share. Investors should verify the current trading and listing status on BSE before acting on market data.

Key Milestones

Incorporated in 1980 in Mumbai, Maharashtra

Part of the Remi Group, which was established in the 1940s as one of India's early industrial equipment companies

Common questions about unlisted shares

How do I buy Remi Sales and Engineering 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?

Remi Sales and Engineering Limited

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