What does SRS Limited do?

SRS Limited was a Faridabad-based diversified retail conglomerate that operated jewellery stores under the 'SRS Jewells' brand, multiplex cinemas under 'SRS Cinemas', and modern retail outlets under 'SRS Value Bazaar'. The company also had interests in real estate and financial services through group entities. However, the company is currently under insolvency/liquidation proceedings.

Why is SRS Limited under liquidation?

SRS Limited defaulted on loans from multiple lenders including UCO Bank. Creditors filed insolvency petitions under the Insolvency and Bankruptcy Code (IBC), and the National Company Law Tribunal (NCLT) admitted the company to the Corporate Insolvency Resolution Process (CIRP). After failure to find a resolution applicant, the company moved toward liquidation.

Who are the promoters of SRS Limited?

SRS Limited was promoted by Raju Bansal, Anil Jindal, and Vinod Kumar, who were the key founders and directors of the SRS Group based in Faridabad, Haryana.

Is SRS Limited listed on any stock exchange?

SRS Limited was previously listed on BSE and NSE but was delisted/suspended from trading following the insolvency proceedings. The share price is quoted at ₹0.01 in the unlisted/grey market, indicating near-zero residual value.

How do I buy SRS 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 SRS 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 SRS 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.

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

Investment Thesis

SRS Limited is a defunct diversified retail conglomerate from Faridabad that operated jewellery stores, cinemas, and hypermarkets at its peak. Following a debt default, the company was admitted to insolvency under IBC and is currently in liquidation. The share price of ₹0.01 reflects near-total destruction of shareholder value, and equity investors have no realistic prospect of recovery.

Pros

SRS Limited operated a diversified retail ecosystem spanning jewellery (SRS Jewells), cinema (SRS Cinemas), and modern retail outlets across NCR and Haryana, giving it multiple revenue streams at its peak.
At its height, SRS Limited had a significant retail and cinema presence in Tier-2 cities in Haryana such as Faridabad, Rewari, and Rohtak, serving a large consumer base in underserved markets.

Cons

SRS Limited was admitted to Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC) after defaulting on bank loans; the company is effectively under liquidation.
The stock price collapsed to near zero (₹0.01), reflecting near-total erosion of shareholder value following insolvency proceedings initiated by lenders including UCO Bank and other creditors.
Multiple group entities including SRS Real Infrastructure and SRS Finance also faced insolvency, indicating systemic financial distress across the SRS Group.

Business Segments

SRS Jewells

Gold and diamond jewellery retail chain operating in NCR and Haryana

SRS Cinemas

Multiplex cinema operations in Tier-2 cities of Haryana including Faridabad and Rewari

SRS Value Bazaar

Modern retail/hypermarket format stores offering grocery and general merchandise

Revenue Model

SRS Limited generated revenue through jewellery retail sales (high-value, low-margin gold/diamond products), cinema ticket sales and food & beverage revenues, and hypermarket retail sales. The group also had real estate and NBFC arms generating interest and rental income.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds3

Industry Headwinds

Complete loss of equity value during liquidation

No resolution applicant found during CIRP process

Multiple group companies also in insolvency reducing any cross-group recovery

Recent Developments

CIRP/Liquidation Proceedings

SRS Limited is undergoing liquidation proceedings before the NCLT after failure of insolvency resolution process. Creditors including UCO Bank initiated proceedings after loan defaults.

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Frequently Asked Questions

About SRS Limited

SRS Limited was a Faridabad, Haryana-based diversified retail and entertainment company incorporated in 2000. At its peak, the company operated a multi-format business spanning gold and jewellery (retailing, wholesaling, manufacturing), cinema exhibition (SRS Cinemas), retail supermarkets (SRS VALUE BAZAAR), hotel and F&B operations, all operating from its SRS Multiplex complex in Sector-12, Faridabad's City Centre. SRS Limited was once one of Haryana's most prominent retail conglomerates, with revenues exceeding Rs 500 crore in FY2017. The company's Faridabad-based City Centre mall housed its integrated retail, cinema, and entertainment offerings, serving the large consumer market in Delhi-NCR's southern satellite cities. However, the company entered severe financial distress and is currently classified as Under Liquidation under the Insolvency and Bankruptcy Code (IBC). The liquidation status indicates that neither a resolution plan was successfully approved by creditors nor was the company revived, leading to liquidation of assets to recover dues. The group also included SRS Real Estate Limited and SRS Cinemas & Entertainment Limited as separate entities. The SRS Group's failure reflects challenges faced by diversified retail groups that over-expanded with debt during the pre-2015 retail boom, subsequently struggling to compete with organized e-commerce and modern retail chains. For investors, SRS Limited's shares carry very high risk given the liquidation status. Any recoveries would be distributed according to the IBC waterfall — secured creditors first, then unsecured creditors, with shareholders typically receiving residual value, if any.

Key Milestones

Incorporated in 2000 in Faridabad, Haryana

Common questions about unlisted shares

How do I buy SRS 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.

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