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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
Pros
Cons
Business Segments
Financial Services
Financial services; Bhavnagar, Gujarat; near-dormant after 91.89% revenue fall (FY2023); authorized and paid-up ₹10.25 Cr.
Revenue Model
Revenue is generated through brokerage commissions on commodity trades, spreads on proprietary commodity trading, and advisory/hedging service fees. The company operates in both spot and derivative commodity markets.
Detailed Analysis
Growth Plans
Expansion of commodity derivatives markets in India with new product launches on MCX and NCDEX
Growing hedging demand from Gujarat's large agricultural and industrial commodity producers
Industry Tailwinds
Expansion of commodity derivatives markets in India with new product launches on MCX and NCDEX
Growing hedging demand from Gujarat's large agricultural and industrial commodity producers
Recent Developments
Comparable Companies
MCX · ~15,000 Cr
ANGELONE · ~12,000 Cr
Frequently Asked Questions
About Robert Resources Limited
Robert Resources Limited is a Bhavnagar-based public limited company incorporated in 1982, engaged in commodity broking, trading, and hedging including commodity derivatives. The company acts as a broker and trader across a range of commodities, providing hedging solutions for agricultural and non-agricultural commodity participants. With an authorised and paid-up capital of Rs. 10.25 Cr, it is a small-scale commodity financial services entity based in Gujarat. Revenue declined sharply by approximately 92% in FY2023, indicating significant operational contraction. The company is unlisted with limited public financial disclosure, and minimal information is available about its current client base or trading volumes. As a commodity-focused financial intermediary, the company operates in a highly regulated segment requiring SEBI/IRDA registrations. Its long operational history since 1982 suggests established market relationships, but the revenue collapse raises serious concerns about viability.
Key Milestones
Incorporated November 4, 1982 in Gujarat (CIN: L99999GJ1982PLC096012) — 43+ years old; Bhavnagar, Gujarat
Financial services; authorized ₹10.25 Cr; paid-up ₹10.25 Cr (fully subscribed)
Common questions about unlisted shares
You buy from and sell to the wisefolio desk — shares route through the desk's demat, money-in before shares-out.
You enquire
· Takes 2 minutesTell us the company and quantity you want. Share your demat details so we can settle directly into your account.
We source & quote
· Typically within 1 business dayOur desk sources the shares and comes back with a firm price and an allocation for the quantity available.
You accept the allocation
· Quote valid for 3 daysReview the price, quantity and total. Accept to lock the allocation. The quote is valid for a short window before it needs re-pricing.
You transfer the funds
· Pay within 2 days of acceptingPay by direct bank transfer to the desk's published account — never to a personal account. We confirm receipt and begin the transfer.
Shares reach your demat
· Usually credited within 2–3 business daysOnce payment is verified, the shares are transferred from the desk's demat into yours, and you receive a transfer confirmation.
A principal desk for unlisted & pre-IPO shares — you transact with us, not a stranger.
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.
Industry Headwinds
SEBI regulatory actions on commodity derivatives
Competition from national discount brokers
Technology-driven disruption of traditional broking models
Key Strengths
40+ year operating history in Gujarat commodity markets
Established regulatory registrations for commodity broking
Key Weaknesses
Revenue declined ~92% in FY2023 — severe operational contraction
Unlisted with near-zero financial transparency
Revenue fell ~92% in FY2023
Source: Company Financial Filings
Unlisted with no public financial disclosure
Source: Media Reports / Public Records
Extremely limited public information available
Source: Media Reports / Public Records
SEBI has periodically suspended or restricted trading in several commodity futures contracts, which can materially impact broking revenues for commodity-focused firms
Commodity price cycles and reduced participation from hedgers and speculators can lead to volatile broking income
Increasing competition from large discount brokers and commodity trading platforms offering lower commissions is squeezing margins for small regional commodity brokers
Shift to algorithmic and online commodity trading platforms may disadvantage smaller regional brokers without significant technology investment
Revenue fell -91.89% (FY2023); net worth upsurge 6.19%; KMP: Zeal Somani (CFO), Ami Kothari (CS)
Registered at Office No. 214, 2nd Floor, Eva-Surbhi Commercial Complex, Bhavnagar, Gujarat
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