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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 (FY2015)
Investment Thesis
CIN U74899DL1994PLC059244 belongs to RAUNAQ INDUSTRIES CORPORATION LIMITED (not "Trident India Limited" as stored in the database — name mismatch). The Raunaq Group entity was incorporated in Delhi in 1994 and associated with the Gurmeet Raunaq Singh family (linked to listed Raunaq International Ltd). Filed returns only until FY2015 and has since been struck off by RoC Delhi under Section 248 of the Companies Act. Entity is defunct — avoid entirely.
Pros
Cons
Business Segments
Business activities NEC (NIC 74899) — associated with Raunaq Group (auto components / industrial)
NOTE: CIN U74899DL1994PLC059244 belongs to RAUNAQ INDUSTRIES CORPORATION LIMITED — not "Trident India Limited" as stored in DB (name mismatch)
Revenue Model
Revenue generated from manufacturing and sale of textile products (yarn, terry towels) and returns from investments and holdings in subsidiary companies.
Detailed Analysis
Growth Plans
India's textile export push under PLI (Production Linked Incentive) scheme for textiles could benefit active textile manufacturers
Potential asset monetization or restructuring of holding company assets
Industry Tailwinds
India's textile export push under PLI (Production Linked Incentive) scheme for textiles could benefit active textile manufacturers
Potential asset monetization or restructuring of holding company assets
Recent Developments
Comparable Companies
TRIDENT · ~9,000 Cr
PE: ~25xx
VTL · ~9,500 Cr
Frequently Asked Questions
About Trident India
Trident India Limited is a Delhi-based company incorporated in 1994. The company operates in the diversified segment with interests in holding and investment activities. The listed Trident Limited is a large-cap company with revenues exceeding ₹7,000 crore and is one of India's leading home textile exporters.
Key Milestones
26 May 1994 — Raunaq Industries Corporation Limited incorporated under Delhi RoC
Associated with Raunaq Group (Gurmeet Raunaq Singh family)
Filed returns up to FY2015 (last AGM December 30, 2015)
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.
Industry Headwinds
Penny stock status signals deep financial stress or dormant operations
No public financial disclosures available to assess recovery potential
Very limited publicly available information
Source: Media Reports / Public Records
Private company with no mandatory public disclosures
Source: AlphaHub Research
Share price of ₹1.1 indicates extremely low market valuation, suggesting possible financial distress or business dormancy
Textile manufacturing faces competition from low-cost producers in Bangladesh, Vietnam, and China; also subject to raw material (cotton/yarn) price volatility
Holding company structures can obscure true financial performance and related party transactions
PE: ~15xx
Post-2015 — Became non-compliant; struck off by RoC Delhi under Section 248 of Companies Act
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