What does The Delhi Safe Deposit Company Limited do?

The Delhi Safe Deposit Company Limited is an RBI-registered deposit-taking Non-Banking Finance Company (NBFC) incorporated in 1937 in New Delhi. It operates in two segments: loan financing (providing loans to individuals and entities) and safe deposit lockers on hire. It is one of the oldest NBFC-type entities in India.

Is The Delhi Safe Deposit Company Limited regulated by the RBI?

Yes. The company is a deposit-taking NBFC registered with the Reserve Bank of India. This means it is subject to RBI prudential norms including capital adequacy requirements, asset classification, and provisioning guidelines.

Is The Delhi Safe Deposit Company Limited listed?

No. Despite having CIN starting with 'L' (indicating a listed company classification at some point in its registration history), the company is currently classified as unlisted. Its shares trade in the grey market at approximately ₹90 per share.

What are the main business segments of The Delhi Safe Deposit Company?

The company operates in two primary segments: (1) Loan Financing – extending loans to borrowers as an NBFC, and (2) Safe Deposit Lockers – providing locker hire services to customers for safekeeping of valuables, documents, and jewellery.

What is the website of The Delhi Safe Deposit Company Limited?

The company's website is https://www.dsdgroup.co.in.

How do I buy Delhi Safe Deposit Company 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 Delhi Safe Deposit Company?

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 Delhi Safe Deposit Company 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.

Delhi Safe Deposit Company Unlisted Share Price | Buy Delhi Safe Deposit Company Pre-IPO Shares — wisefolio

Investment Thesis

Pioneer safe deposit vault and locker company (est. 1937) at 86 Janpath, Connaught Place, New Delhi. Unique niche business offering private secure locker services along with NBFC lending, travel agency and money exchange. Revenue ₹8.52 Cr FY2025 with PAT ₹2.51 Cr — profitable and growing steadily. Listed on MSEI (Bloomberg: DELHISAF:IN); ICRA rated. Q4 FY2025 PAT +452.94% — strong momentum. Small but a unique irreplaceable heritage institution.

Pros

Revenue ₹8.52 Cr FY2025 (+4.67% YoY); PAT ₹2.51 Cr (+23.04% YoY)
Pioneer safe deposit vault operator in Connaught Place — 88-year heritage
Listed on MSEI (Bloomberg: DELHISAF:IN); ICRA rated
Diversified services: lockers + NBFC + travel + money exchange
Q4 FY2025 PAT surged +452.94% — strong quarter

Cons

Very small scale — ₹8.52 Cr revenue
MSEI-listed; low liquidity for investors
Digital banking reducing demand for traditional safe deposit lockers long-term

Business Segments

Safe deposit vault and locker services (pioneer in Connaught Place/Janpath, New Delhi)

NBFC — loan financing (deposit-taking, RBI registered)

Travel agency, tour operator and money changer services

Revenue Model

Revenue is generated through two streams: (1) interest income from loan financing activities as a deposit-taking NBFC, and (2) recurring locker hire fees from customers using safe deposit locker services. The deposit-taking status allows the company to raise funds from public deposits to fund its loan book.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

Growing demand for safe deposit lockers in urban India, driven by rising household wealth and jewellery ownership.

Potential to expand NBFC lending operations as India's credit market deepens.

Industry Tailwinds

Growing demand for safe deposit lockers in urban India, driven by rising household wealth and jewellery ownership.

Potential to expand NBFC lending operations as India's credit market deepens.

Recent Developments

FY2025: Revenue ₹8.52 Cr (+4.67%), PAT ₹2.51 Cr (+23.04%)

Q4 FY2025: PAT rose 452.94% — strong profitability quarter

ICRA rating maintained; MSEI listing active (Bloomberg: DELHISAF:IN)

Comparable Companies

CompanyTypeTickerMkt Cap

Mahindra & Mahindra Financial ServicesPE: ~10xxListedM&MFIN~15000 Cr

Muthoot FinancePE: ~18xxListedMUTHOOTFIN~60000 Cr

Mahindra & Mahindra Financial ServicesListed

M&MFIN · ~15000 Cr

PE: ~10xx

Muthoot FinanceListed

Frequently Asked Questions

About Delhi Safe Deposit Company

The Delhi Safe Deposit Company Limited is one of India's oldest private safe deposit and financial services companies, incorporated on 1 December 1937 and headquartered at 86 Janpath, New Delhi. Operating for over 87 years, the company provides secure locker facilities, loan finances, and credit services to individuals and businesses in the National Capital Region, making it a pioneer in the private safe deposit segment in India. The company's primary business involves operating safe deposit vaults and locker facilities — a niche but critical service for the storage of valuables, documents, jewellery, and financial instruments by high-net-worth individuals, businesses, and families in Delhi. This service addresses a specific demand from clients who prefer private vault security over bank lockers, offering superior physical security infrastructure, extended access hours, and personalised service. Beyond locker services, the company offers loan finances and credit facilities, functioning as a non-banking financial entity for a segment of its clientele. It has also extended into tour and travel packages, though this is a secondary business. The company's revenue was approximately ₹9.84 Crore in FY2019, reflecting its niche and specialised nature with a focus on quality service over scale. The Delhi Safe Deposit Company has an authorized share capital of ₹6 Crore and paid-up capital of approximately ₹5.22 Crore. Its board includes directors such as Kshama Venkataramiah Kaushik, Kavita Kalwaney, Vijay Kumar Gupta, Ravi Vira Gupta, and Vijay Krishna Shunglu, reflecting a professionally governed institution. The company's long-standing presence at Janpath, one of New Delhi's most prominent commercial addresses, underpins its brand recognition and customer trust. As private safe deposit services are difficult to establish from scratch given regulatory and security infrastructure requirements, the company holds a durable competitive position in its niche.

Key Milestones

1937 — Incorporated; established as Delhi's pioneer safe deposit vault operator

Common questions about unlisted shares

How do I buy Delhi Safe Deposit Company 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?

The Delhi Safe Deposit Company Limited

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