What does Spangle Marketing Limited do?

Spangle Marketing Limited operates in the Retail & Distribution sector, specifically in the wholesale of household goods. It is a public limited company incorporated in 1984 and headquartered in Kolkata, West Bengal.

When was Spangle Marketing Limited incorporated?

The company was incorporated on 07 July, 1984 under CIN L51311WB1984PLC050209, making it one of the older wholesale distribution entities registered in West Bengal.

Is Spangle Marketing Limited listed on any stock exchange?

Despite its CIN prefix 'L' (which can indicate listed status in MCA records), the company trades as an unlisted share with a price of ₹10 per share, suggesting it is not actively traded on any major exchange.

How do I buy Spangle Marketing 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 Spangle Marketing?

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 Spangle Marketing 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.

Spangle Marketing Unlisted Share Price | Buy Spangle Marketing 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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Spangle Marketing Unlisted Share Price | Buy Spangle Marketing Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Spangle Marketing Limited (Bloomberg: SPMK:IN, CIN: L51311WB1984PLC050209) is a Kolkata-based listed financial trading and investment company, originally incorporated in Delhi in 1984 and shifted to West Bengal in 1990. The company trades shares, securities, debentures, and bonds, and extends inter-corporate loans. Listed on MSEI with authorized capital of ₹5.82 Cr and paid-up of ₹3.20 Cr, no public revenue data is available and the company appears near-dormant with minimal investor activity on the exchange.

Pros

Listed on MSEI (Bloomberg: SPMK:IN) — formally exchange-listed entity
41+ year corporate history since 1984 — long institutional existence
Diversified financial activity: shares, securities, debentures, bonds, inter-corporate loans, mutual funds
Active website (spanglemarketing.in) maintained

Cons

Small capital: authorized ₹5.82 Cr, paid-up ₹3.20 Cr
Originally incorporated in Delhi (1984), shifted to West Bengal (1990) — unusual corporate history
MSEI listing provides negligible trading liquidity
No promoter details publicly disclosed — governance opacity

Business Segments

Financial trading — trading and dealing in shares, stocks, securities, debentures, bonds

Inter-corporate lending — loans and advances to commercial and industrial enterprises

Investments — shares, securities, and mutual funds

Formerly Delhi-incorporated (1984); registered office shifted to Kolkata, West Bengal (1990)

Revenue Model

The company earns revenue through wholesale distribution and marketing of household goods, likely operating as a trading and distribution intermediary in the Kolkata region.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds4

Growth Plans

Potential formalization of operations and enhanced disclosures could attract investor interest in the growing Indian distribution sector.

Industry Tailwinds

Potential formalization of operations and enhanced disclosures could attract investor interest in the growing Indian distribution sector.

Industry Headwinds

Continued lack of public disclosures and apparent dormancy in secondary markets.

Recent Developments

No recent financial disclosures found publicly

Company maintains active MSEI listing and website (spanglemarketing.in)

Comparable Companies

CompanyTypeTickerMkt Cap

Redington India LimitedPE: 14xxListedREDINGTON14000 Cr

Bright Brothers LimitedListedBRIGHTBRO200 Cr

Redington India LimitedListed

REDINGTON · 14000 Cr

PE: 14xx

Bright Brothers LimitedListed

BRIGHTBRO · 200 Cr

Frequently Asked Questions

About Spangle Marketing

Spangle Marketing Limited is a Kolkata-based wholesale trading company incorporated in 1984, with CIN L51311WB1984PLC050209. The company is registered at Princep Street, one of central Kolkata's historic commercial addresses, and operates in the wholesale trade of household goods. With over 40 years of operations, Spangle Marketing has participated in Kolkata's vibrant wholesale trading ecosystem. Kolkata, as eastern India's primary commercial hub, supports a vast network of wholesale traders supplying retailers and distributors across West Bengal and neighboring states. The company trades under NIC code L51311 (wholesale of household goods), suggesting its core business involves distribution of household items, consumer goods, or related products through wholesale channels. Its directors include Kamal Kumar Jain, Madhu Sudan Sharma, Sushanta Kumar Parida, Palash Chandra Karmakar, Satyananda Nayak, Gopal Kumar Kabra, Satyanarayan Behera, and Karishma Sahoo — a diverse board reflecting the collective nature of wholesale trading operations in Kolkata. Kolkata's wholesale markets, particularly around Burrabazar and the central commercial districts, are among India's largest by volume, providing Spangle Marketing access to a deep pool of retail and distribution customers in eastern India. The company's four-decade track record demonstrates sustained operations in this competitive segment.

Key Milestones

1984 — Incorporated as Spangle Marketing Limited in Delhi (Union Territory)

Common questions about unlisted shares

How do I buy Spangle Marketing 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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