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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 (FY2023-24)
Investment Thesis
Rishabh Enterprises Limited is a near-dormant Mumbai financial/trade company. Revenue ₹7.36 Lakhs (FY2024); EBITDA CAGR -39%; promoter holding only 18.16% — extremely low. MSEI listed; ISIN INE843E01017; authorized ₹1 Cr; paid-up ₹1 Cr. Warden House, 340 J.J. Road, Byculla, Mumbai 400008. CIN: L51909MH1984PLC217695.
Pros
Cons
Business Segments
Diversified Financial Services / Trade
Financial services and trade; Byculla, Mumbai; MSEI listed; near-dormant operations with revenue ₹7.36 Lakhs (FY2024).
Revenue Model
Revenue generated through trading margins on wholesale transactions across non-specialized goods categories. The company buys goods from suppliers and sells to downstream buyers, earning a spread between purchase and sale prices.
Detailed Analysis
Growth Plans
Potential diversification or pivot to higher-value trading activities could unlock growth
India's continued economic expansion drives underlying demand for wholesale distribution
Industry Tailwinds
Potential diversification or pivot to higher-value trading activities could unlock growth
India's continued economic expansion drives underlying demand for wholesale distribution
Recent Developments
Comparable Companies
What Rishabh Enterprises could have been — a functioning wholesale trade company
Frequently Asked Questions
About Rishabh Enterprises Limited
Rishabh Enterprises Limited is a Mumbai-based public limited company incorporated in December 1984 engaged in general wholesale trade. The company is classified under non-specialized wholesale trade and operates from its registered office at Warden House, Byculla, Mumbai. Revenue has declined to near-zero levels, with FY2024 sales of approximately Rs. 7.36 lakh (Rs. 0.0074 Cr) — far below any commercially viable threshold. EBITDA has also declined sharply with a -39% CAGR, indicating this is effectively a dormant or shell entity. With an authorized and paid-up capital of Rs. 1 Cr each, Rishabh Enterprises is one of the many micro-cap public companies in India that maintains registered existence without meaningful commercial operations. The company files MCA returns as required but shows no significant business activity, customer base, or product footprint in the public domain. Investors face near-total capital loss risk and near-zero trading liquidity.
Key Milestones
Incorporated December 19, 1984 in Maharashtra (CIN: L51909MH1984PLC217695) — 41+ years old; Mumbai
MSEI listed; ISIN INE843E01017; diversified financial services / trade; authorized ₹1 Cr; paid-up ₹1 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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Industry Headwinds
Continued margin pressure from e-commerce and organized retail platforms
Legacy company with possible dormant or minimal operations given share price at face value
Key Strengths
Registered public limited company with MCA compliance maintained
Key Weaknesses
Revenue collapsed to Rs. 0.0074 Cr in FY2024 — effectively zero operations
No visible product or customer base in public domain
No business plan or growth strategy disclosed
Revenue of Rs. 7.36 lakh in FY2024 — effectively a shell entity
Source: Company Financial Filings
EBITDA CAGR of -39% confirming business collapse
Source: Company Financial Filings
No active product or customer base identified in public domain
Source: Media Reports / Public Records
Family-controlled directorship with no independent oversight disclosed
Source: Media Reports / Public Records
Non-specialized wholesale trade faces structural margin compression from e-commerce platforms and organized retail that have disintermediated traditional wholesale traders
Share price at face value (₹10) with no premium suggests the market assigns negligible growth value to the company; no financial disclosures available to assess viability
Extremely low share price and unlisted status likely result in very thin trading volumes, making exit difficult
Revenue ₹7.36 Lakhs (FY2024); CAGR -5%; EBITDA CAGR -39%; promoter holding 18.16%; website: rishabhenterprisesltd.com
Registered at Warden House, 340, J.J. Road, Byculla, Mumbai 400008