What does STI India Limited do?

STI India Limited is an Indore-based manufacturer of yarn and knitted fabrics, incorporated in 1984 under CIN L27105MP1984PLC002521. The company operates in the textiles sector in Madhya Pradesh, producing yarn and fabric products. John Mathew is noted as a Director of the company.

Is STI India Limited still operational?

The company's share price of ₹0.03 in the unlisted market strongly suggests it may be dormant or financially distressed. No recent financial filings or business updates are publicly available to confirm active operations.

Who are the key directors of STI India Limited?

John Mathew is identified as a Director of STI India Limited based on the shareholding pattern filed as of 31-03-2019. No other director information is publicly available.

What is the ISIN of STI India Limited?

The ISIN of STI India Limited is INE093H01015.

How do I buy STI India 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 STI India?

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 STI India 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.

STI India Unlisted Share Price | Buy STI India 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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STI India Unlisted Share Price | Buy STI India Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

STI India Limited is a four-decade-old yarn and knitted fabrics manufacturer based in Indore, Madhya Pradesh, incorporated in 1984. The share price of ₹0.03 and absence of any recent financial disclosures strongly indicate the company is either dormant or in deep financial distress. With no visible turnaround plan, this represents a very high-risk investment with near-zero liquidity.

Pros

STI India Limited has been in operation since 1984, giving it over four decades of experience in the yarn and knitted fabrics manufacturing sector in Madhya Pradesh.
The company holds a valid ISIN (INE093H01015), indicating it was formally listed or eligible for trading, providing some degree of regulatory compliance history.

Cons

The share price of ₹0.03 signals near-total erosion of market value, suggesting the company is either dormant, severely financially distressed, or effectively defunct.
No meaningful financial disclosures are publicly available for recent years, making it impossible to assess current revenue, profitability, or operational status.
The textile sector in Madhya Pradesh faces intense competition from larger integrated players and low-cost manufacturers, particularly from Gujarat and Tamil Nadu.

Business Segments

Yarn Manufacturing

Production of yarn for textile applications

Knitted Fabrics

Manufacturing of knitted fabric products for apparel and industrial use

Revenue Model

STI India Limited generates revenue through the manufacturing and sale of yarn and knitted fabrics to textile processors, garment manufacturers, and traders in Madhya Pradesh and other domestic markets.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds3

Industry Headwinds

Company may be completely dormant with no active manufacturing operations

No publicly available financial data to assess recovery potential

Textile sector headwinds including competition and raw material costs

Recent Developments

Stock trading at sub-₹5 levels on BSE and NSE

STI India's shares trade at ₹4.96 on BSE and ₹2.85 on NSE as of available data, reflecting ongoing financial stress and limited investor interest in the company. The low price-to-book situation indicates potential NPA or stressed asset classification.

2024

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PE: 12xx

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Frequently Asked Questions

About STI India

STI India Limited is a textile manufacturing company based in Indore, Madhya Pradesh, incorporated on December 7, 1984. The company operates under CIN L27105MP1984PLC002521 and is listed on both the BSE (code 513151) and NSE stock exchanges in India, though its share price has remained at very low levels (below ₹5 on BSE), reflecting the financial challenges that have plagued the company. STI India is principally engaged in the manufacturing of textiles — specifically spun yarn and knitted grey fabrics. The company's product range includes cotton yarn, blended yarn, viscose yarn, knitted fabrics, and other cotton textile products. Its manufacturing facility is located on the Rau-Pithampur Link Road, Tehsil Mhow, Indore, Madhya Pradesh, in an area that houses several industrial units. The company operates as a subsidiary of Bombay Rayon Fashions Limited (BRFL), the large vertically integrated textile and garment manufacturer. This parent-subsidiary relationship connects STI India to a larger textile ecosystem but also links its fortunes to the financial health of BRFL, which has itself faced significant financial restructuring challenges over the years. STI India's authorized share capital is ₹45 crore and paid-up capital is ₹29 crore. The company has faced significant financial stress, reflected in its very low stock price on the exchanges. The textile sector in India has been under persistent pressure from global competition, rising input costs for cotton and synthetic fibres, and labour cost inflation, which has affected smaller and mid-scale textile manufacturers particularly acutely. The Rau-Pithampur industrial area near Indore is a significant textile manufacturing cluster in Madhya Pradesh, and STI India has been part of this industrial ecosystem since the 1980s. The company has continued to manufacture knitted grey fabrics and yarn products for domestic supply to garment and fabric processors.

Key Milestones

Incorporated in 1984 in Indore, Madhya Pradesh

Common questions about unlisted shares

How do I buy STI India 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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