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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
Financials (FY2022)
Investment Thesis
Originally a Hyderabad-based trading company (est. 2001) with TAAZA retail brand for fruits and FMCG, Taaza International Limited has undergone a complete transformation. Via NCLT-approved scheme (June 2025), it pivoted to electric vehicle manufacturing and **renamed itself Keto Motors Limited** (March 2026). Now in the EV space — electric three-wheelers and buses. BSE-listed. Folksforce holds 10.65%. Pure speculative/early-stage EV play with no revenue from new operations yet.
Pros
Cons
Business Segments
Electric vehicles — e-three-wheelers and e-buses (post-2025 pivot, as Keto Motors)
Formerly: Trading in building materials, bio pesticides/fertilizers, pulses; TAAZA retail brand (fruits/vegetables/FMCG)
Revenue Model
Taaza International generates revenue primarily through the purchase and resale of traded goods including agri-inputs, building materials and FMCG products, earning margins on the spread between procurement and selling prices.
Detailed Analysis
Growth Plans
Rising demand for bio-based agri-inputs as India promotes organic farming
Infrastructure spending driving demand for building materials
Industry Tailwinds
Rising demand for bio-based agri-inputs as India promotes organic farming
Infrastructure spending driving demand for building materials
Recent Developments
Comparable Companies
COROMANDEL · 22000 Cr
PE: 18xx
PIIND · 48000 Cr
Frequently Asked Questions
About Taaza International
Taaza International Limited is a Hyderabad-based public limited company incorporated on 12 February 2001, originally registered under the category of trading and distribution businesses. The company was founded to operate in bio-pesticides, bio-fertilisers, pulses, building materials, and general merchandise. In 2009, the company made a notable foray into organised retail by launching a chain of 'TAAZA'-branded outlets in Hyderabad offering fruits, vegetables, groceries, FMCG items, dairy products, and health and beauty products — an early attempt to capture the then-nascent modern retail boom in Tier-1 Indian cities. The company's business model was built around two pillars: wholesale trading of agri-commodities including pulses, bio-pesticides and bio-fertilisers, and a retail chain for fresh and packaged food products. Revenue was generated through both B2B trading margins and retail store operations. However, financial performance has been extremely limited — the company reported operating revenue of under ₹1 Cr for the financial year ending March 2022, and as of recent disclosures total revenue stood at approximately ₹0.04 Cr with a net loss of ₹0.25 Cr, pointing to near-dormant operating status. In 2025-26, Taaza International underwent a significant corporate pivot. Pursuant to an NCLT Order from the Hyderabad Bench dated 12 June 2025, the company altered its main objects to include designing, developing, manufacturing, and distributing automotive vehicles including electric vehicles. The company also announced plans to establish 1,000 Drone Ports across India for last-mile rural distribution. In March 2026, the company was officially renamed to Keto Motors Limited, reflecting its new strategic direction. This transformation represents a dramatic pivot from food and agri-trading to EV and drone mobility infrastructure. As of the latest filings, the company has authorised share capital of ₹10 Cr and paid-up capital of ₹7.26 Cr, with a total market capitalisation of approximately ₹3.32 Cr on BSE (scrip code 537392) at a share price of ₹4.57. The company is classified as a micro-cap with extremely thin trading volumes. Key directors include Vellaboyina Mahesh Kumar, Shaistaparveen Farid Palkat, and Srinivasa Rao Challa. The company's financial position is weak with negative profitability metrics (ROCE -0.10%, ROE -0.71%), and investors should treat this profile in the context of the company's former identity as Taaza International and its current transition to Keto Motors.
Key Milestones
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We source & quote
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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
Margin compression in trading businesses
Regulatory changes in pesticide and fertilizer sectors
Revenue of ₹0.04 Cr (essentially nil) as of latest filings — company is operationally near-dormant
Source: Company Financial Filings
Extreme pivot from food/agri trading to EV and drone ports with no demonstrated track record in new domain
Source: Media Reports / Public Records
Very low market cap (~₹3.32 Cr) suggesting minimal investor conviction
Source: Company Financial Filings
Net loss of ₹0.25 Cr on near-zero revenue; negative ROCE and ROE
Source: Company Financial Filings
Company renamed to Keto Motors Limited in March 2026 — historical Taaza International brand is being abandoned
Source: Media Reports / Public Records
Low share price of ₹2 and limited public disclosures indicate subdued investor interest and potential illiquidity in the unlisted market
The agri-inputs and building materials trading sectors are highly competitive with thin margins, posing sustained pressure on profitability
PE: 35xx
2001 — Incorporated in Hyderabad; trading in building materials, bio-inputs, pulses
2009 — Launched 'TAAZA' retail brand for fruits, vegetables, grocery and FMCG
2022 — Revenue declined to <₹1 Cr; business near-dormant
June 12, 2025 — NCLT Hyderabad approved scheme; main objects changed to EV manufacturing
March 2026 — Name changed to Keto Motors Limited; shares allotted 3:2 ratio (record date March 13, 2026)
Folksforce acquired 10.65% stake in Keto Motors via share deal
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