What does Verum Properties Limited do?

Verum Properties Limited is a Delhi-based real estate company incorporated in 1985, engaged in real estate development and broking. It operates from Laxmi Nagar, East Delhi, and is classified as a non-government public limited company registered with the Registrar of Companies, Delhi.

Who are the promoters of Verum Properties Limited?

Promoter details for Verum Properties Limited are not publicly disclosed, as the company is unlisted and does not file public shareholding disclosures. Being incorporated in 1985, it is likely a family-promoted entity based in Delhi.

Is Verum Properties Limited planning an IPO?

There is no publicly available information about an IPO plan for Verum Properties Limited as of 2025. The company remains unlisted with its shares traded in the unlisted market at approximately ₹391 per share.

How do I buy Verum Properties 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 Verum Properties?

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 Verum Properties 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.

Verum Properties Unlisted Share Price | Buy Verum Properties Pre-IPO Shares — wisefolio

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

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Verum Properties Unlisted Share Price | Buy Verum Properties Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Delhi-based real estate company (est. 1985) listed on BSE/NSE (543714) and MSEI. Revenue just ₹17 lakh in FY2022 — effectively a dormant listed shell with no meaningful real estate operations. EPS ₹0.01; PAT negligible. Reported market cap ~₹258 Cr represents a massive disconnect from operational reality. Paid-up capital ₹6.60 Cr. Active BSE compliance filings in 2024–2025 but no operational substance. Classic listed real estate shell — avoid.

Pros

Listed on BSE and NSE (scrip code 543714) — dual exchange listing
MSEI also quoted (Bloomberg: VERUM:IN)
Active compliance: multiple BSE filings in 2024–2025

Cons

Revenue only ₹17 lakh FY2022 (last available data) — near-zero operations
PAT effectively nil — no meaningful business activity
Shell-like listed entity with ~₹258 Cr market cap vs sub-₹1 Cr revenue — massive valuation disconnect
EPS ₹0.01 — effectively no earnings
Last AGM September 2022 — filing regularity unclear

Business Segments

Real estate — residential and commercial development, colonizer/plotted development, building materials (NIC 74899)

Finance and investment in industrial enterprises

Laxmi Nagar, East Delhi

Revenue Model

Verum Properties Limited generates revenue primarily through real estate development (sale of developed residential/commercial units) and property broking commissions in the Delhi NCR market.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

Recovery and growth in Delhi NCR residential real estate post-2022

Government infrastructure spending (Delhi Metro expansion) improving property values in East Delhi

Industry Tailwinds

Recovery and growth in Delhi NCR residential real estate post-2022

Government infrastructure spending (Delhi Metro expansion) improving property values in East Delhi

Recent Developments

FY2022 (latest available): Revenue ₹17 lakh; PAT negligible; EPS ₹0.01

BSE filings made in February, August, October 2024 and March 2025 — listing active

No development projects, land acquisitions or operational news in public domain

Comparable Companies

CompanyTypeTickerMkt Cap

DLF LimitedPE: ~65xxListedDLF~1,80,000 Cr

Godrej Properties LimitedPE: ~80xxListedGODREJPROP~60,000 Cr

DLF LimitedListed

DLF · ~1,80,000 Cr

PE: ~65xx

Godrej Properties LimitedListed

GODREJPROP · ~60,000 Cr

Frequently Asked Questions

About Verum Properties

Verum Properties Limited is a Delhi-based public limited company incorporated on June 19, 1985. Registered under CIN L74899DL1985PLC021256, it operates in the real estate sector with its main objects covering construction, development, and real estate brokerage activities. The company's business includes property development, building construction, multi-storeyed residential and commercial project development, and real estate agency services. Headquartered in Laxmi Nagar, New Delhi (C.20, Top Floor PVT No.401 Aruna Park), the company has been a participant in Delhi NCR's real estate market for nearly four decades. It is classified as a Non-Government company and is registered with the Registrar of Companies, Delhi. The company has an authorised share capital of Rs. 7 crore and a paid-up capital of Rs. 6.60 crore, reflecting a relatively modest capital base typical of smaller real estate development companies. Its most recent financial statements were filed up to March 31, 2022, with active company status maintained through regular ROC compliance. Verum Properties operates in a segment of the Indian real estate market focused on Delhi NCR, one of India's largest property markets by transaction volume. Its directors — Nanki Kachchhap, Rahul Kumar, Nishi Talwar, Vikas, and Chandan Mandal — provide local expertise in Delhi's property development and transactions landscape. Given the company's long operating history since 1985 and its focus on Delhi NCR real estate, Verum Properties benefits from decades of market knowledge in one of India's most dynamic property markets. However, as a smaller unlisted company, it operates in the highly competitive Delhi NCR market against larger listed developers.

Key Milestones

19 December 1985 — Incorporated in Delhi as real estate company

Common questions about unlisted shares

How do I buy Verum Properties 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?

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