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Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

Credit Rating (CRISIL)
CARE BB+(SO)
Rates the company's debt-servicing ability — not the quality or value of its shares.
Rated: 9 Jun 2016
This rating is over a year old.
View Full ReportValuation
Financials (FY2016)
Source: CRISILInvestment Thesis
Value Industries Limited is effectively a distressed shell company with a market capitalization of ₹7.84 lakh and shares trading at ₹0.02. The company's deeply negative book value of -₹135.81 and heavy losses (EPS -₹70.39) indicate it is technically insolvent. This represents an extremely high-risk investment with near-zero recovery prospects for equity holders.
Pros
Cons
Business Segments
Consumer Electronics
Manufacturing or trading of consumer electronic products and home appliances
Revenue Model
The company was engaged in manufacturing and/or trading of consumer electronics and home appliances, selling through wholesale and retail channels in Maharashtra and potentially other states.
Detailed Analysis
Growth Plans
Potential acquisition of the company's underlying assets or licenses by a strategic buyer
Industry Tailwinds
Potential acquisition of the company's underlying assets or licenses by a strategic buyer
Industry Headwinds
Liquidation under Insolvency and Bankruptcy Code (IBC)
Recent Developments
Name change in 2008 to rebrand separately from the Videocon identity.
2008Comparable Companies
Frequently Asked Questions
About Value Industries
Value Industries Limited is a Aurangabad, Maharashtra-based consumer electronics and home appliances company incorporated on 8 March 1988 under CIN L99999MH1988PLC046445. The company's manufacturing facility is located at 14 KM Stone, Aurangabad-Paithan Road, Village Chitegaon, Tal-Paithan, Aurangabad — 431005. The company was originally incorporated as Videocon Appliances Limited, reflecting its historical origins as part of or in association with the broader Videocon ecosystem. In 2008, the name was changed to Value Industries Limited — repositioning the brand separately from the Videocon identity. Value Industries manufactures and trades a comprehensive range of consumer electronics and home appliances including washing machines, air conditioners, refrigerators, and other domestic appliances. The company operates from an established manufacturing campus in Aurangabad, Maharashtra, which has long been a hub for manufacturing activity. With an authorized share capital of ₹130 Crore and paid-up capital of ₹39.19 Crore, Value Industries is a mid-scale manufacturer in the consumer durables space. The company's manufacturing capabilities and plant infrastructure are established assets. India's consumer durables market is undergoing significant transformation, driven by rising incomes, urbanization, and the government's 'Make in India' push. Categories like air conditioners and refrigerators are seeing strong growth, particularly in Tier 2 and Tier 3 cities. Washing machines are transitioning from semi-automatic to fully-automatic, creating replacement demand. However, the consumer durables market is highly competitive with established players including Samsung, LG, Whirlpool, Haier, Voltas, and newer disruptors. Companies with older brands and smaller scale face pricing and distribution challenges. As an unlisted company with Videocon group origins (following the broader Videocon group's financial difficulties in the 2018-2020 period), investors should carefully assess whether Value Industries operates independently and profitably before considering investment in its unlisted shares.
Key Milestones
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.
Complete loss of remaining equity value for shareholders
Delisting from exchanges
Historical Videocon group association — Videocon Industries entered NCLT in 2018
Source: Media Reports / Public Records
Limited public financial disclosure post-rebrand
Source: Media Reports / Public Records
Highly competitive consumer durables market with well-capitalized global and domestic players
Source: Media Reports / Public Records
Negative book value of -₹135.81 per share indicates the company's liabilities substantially exceed assets, making insolvency or liquidation a real possibility
EPS of -₹70.39 against a face value of ₹10 indicates catastrophic losses relative to the company's capital base
Market cap of ₹7.84 lakh with share price at ₹0.02 makes this effectively an untradeable micro-cap shell
Consumer appliances and air conditioning manufacturer
Washing machines, refrigerators, and home appliances manufacturer
Indian consumer appliances with refrigerators and washing machines
Incorporated in 1988 as a Public Limited Company in Maharashtra
Registered under CIN L99999MH1988PLC046445
Lifetime high share price of ₹10.00 recorded on 03 November 2022
Lifetime low share price of ₹0.02 recorded in May 2023 onwards
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