We use cookies for analytics and ads to improve your experience. You can accept or decline. See our Privacy Policy.
Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

Valuation
Financials (FY2017)
Source: CRISILInvestment Thesis
Ludhiana-based wool and wool-mix fabric weaving company (est. 1988) currently under IBBI liquidation. Last operated in 2017; no financial disclosures since FY2017. IBBI asset sale notice published January 2024 — asset disposal underway. Paid-up capital ₹34.06 Cr; 36 residual employees. Delisted. This company is effectively defunct — avoid.
Pros
Cons
Business Segments
Wool and wool mixture fabric weaving (Ludhiana, Punjab) — operations ceased
Revenue Model
Revenue model based on manufacturing and sale of woollen and blended fabrics to garment manufacturers, exporters, and wholesale buyers. Ludhiana's textile cluster provides raw material and buyer proximity advantages.
Detailed Analysis
Growth Plans
Potential revival if India's woollen textile sector benefits from PLI (Production Linked Incentive) schemes for technical textiles
Industry Tailwinds
Potential revival if India's woollen textile sector benefits from PLI (Production Linked Incentive) schemes for technical textiles
Industry Headwinds
Continued erosion of shareholder value at near-zero price levels
Recent Developments
Comparable Companies
Listed Ludhiana textile company — sectoral peer from same manufacturing hub
Frequently Asked Questions
About Supreme Tex Mart
Supreme Tex Mart Limited is a Ludhiana-based integrated textile organisation that grew to become one of the city's notable fabric exporters. Incorporated in 1988 under CIN L17117PB1988PLC016933 and operating from B-72, Focal Point Phase-VIII, Ludhiana, Punjab, the company is the flagship entity of the Supreme Tex Mart group founded in 1982 by Ram Lal Gupta. The group was established when Ram Lal Gupta set up Venus Woollen Mills Pvt Limited in 1982. Supreme Tex Mart Limited was subsequently incorporated in 1988 as the integrated textile entity. At its peak, the company reportedly achieved sales of over US$140 million — positioning it as a significant Ludhiana textile exporter in woollen and blended fabrics. Ludhiana, known as the 'Manchester of India', is the centre of India's woollen and knitwear manufacturing industry. Focal Point Phase-VIII is part of Asia's largest planned industrial estate, housing thousands of textile and engineering units. Supreme Tex Mart manufactured woollen fabrics, blended fabrics (wool-polyester, wool-acrylic mixtures), and potentially knitwear for domestic consumption and export markets. However, Supreme Tex Mart Limited faces severe financial distress. Corporate registry records indicate the company's status as Under Liquidation — meaning it has entered formal liquidation proceedings, likely under the Insolvency and Bankruptcy Code or court-supervised winding up. This reflects challenges faced by Indian woollen textile exporters from Chinese competition, COVID-19 disruptions, and debt servicing issues. The current board includes Ajay Gupta, Bhupinder Singh Mann, and Kuldip Singh.
Key Milestones
1988 — Incorporated in Ludhiana, Punjab; wool and wool-mix fabric weaving
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.
Be the first to discuss Supreme Tex Mart — share your research, ask questions, or compare notes with other investors.
Structural decline in small-scale woollen fabric manufacturing in India
Risk of permanent dormancy or winding up
CRITICAL: Company is UNDER LIQUIDATION per ZaubaCorp — equity holders face near-total loss risk
Source: IBBI / MCA Public Records
Peak US$140 million revenue followed by collapse suggests significant debt-driven expansion
Source: Company Financial Filings
Share price of ₹0.01 signals extreme financial distress or near-dormancy; minimal equity value remaining
Woollen fabric manufacturing in India faces severe competition from cheaper imports from China and other low-cost producers
Absence of any public operational data, website, or management information suggests possible dormant or minimal-activity status
Listed woollen apparel company from Ludhiana — brand peer
Operated in Ludhiana Industrial Area — Punjab textile hub
2017 — Last financial filing; operations effectively ceased
Entered IBBI liquidation process
January 2024 — IBBI asset sale notice published
April 2024 — 36 employees remaining (residual liquidation workforce)