Bharat Nidhi Ltd
- Unlisted share
- Investment & Holding
- ISIN INE286F01016
At a glance
Sales
FY24
₹14.37 Cr
−57.0%on FY23What the company earned from its customers in the year.
Profit
FY26
₹638 Cr
+41.0%on FY25What was left after every cost and tax was paid.
Market valuecalculated
₹3,921 Cr
What the whole company would be worth at GrowFast's indicative price.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Bharat Nidhi Ltd
- ISIN
- INE286F01016
- Sector
- Investment & Holding
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹13,662.00
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Bharat Nidhi Ltd
Bharat Nidhi is a New Delhi investment holding company dating from 1942. Almost all of its value and profit comes from its associate stakes, above all a 24.41% holding in Bennett, Coleman & Co., the publisher of The Times of India, and the same share of Bennett Property Holdings. The company says it has no promoters; its shares are held mainly by a handful of group companies and Mr. Vineet Jain, with public shareholders owning about a fifth.
Written from: skylinerta.com, skylinerta.com
Listing status. Not listed on any stock exchange (CIN prefix U). The company has given exit offers to public shareholders at ₹11,229 per share under SEBI's framework for companies on the Dissemination Board, by buy-backs in FY2019-20 and FY2023-24, and its large shareholders made a further exit offer in July to October 2025. Bharat Nidhi 83rd annual report 2025-26
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Investment & Holding
- ISIN
- INE286F01016
- Registered office
- New Delhi, Delhi
- Promoter / controlling holders
- The company reports that it has no promoters. Its largest shareholders are Matrix Merchandise Limited, Mr. Vineet Jain, Sanmati Properties Limited, Ashoka Marketing Limited and Mahavir Finance Limited, each above 5%.
- Key people
- Directors: Bhagavatula Chintamani Rao, Bhagat Ram Goyal, Nityanand Singh, Sunder Hemrajani; Company Secretary: Amita Gola
- Face value per equity share
- ₹10
- Equity shares outstanding
- 28,69,703 shares
- CIN
- U51396DL1942PLC000644
Read from: Bharat Nidhi 83rd annual report 2025-26, unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to earnings (P/E)calculated
6.1×
At this price you pay ₹6.1 for every ₹1 of profit the company made in the year.
- Indicative price
- ₹13,662.00
- Market valuecalculated
- ₹3,921 Cr
- price × shares
- No. of shares
- 28,69,703
- EPS
- ₹2,223.03
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2025-26. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Bharat Nidhi Limited. As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY23 to FY24: ₹33.45 Cr to ₹14.37 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY23 to FY26: ₹-40.19 Cr to ₹638 Cr.
| Particulars | FY23 | FY24 | FY25 | FY26Latest |
|---|---|---|---|---|
| Income from operations | 33.45 | 14.37 | n/a | n/a |
| Other income | 20.08 | 22.19 | 27.78 | 21.98▼21% |
| Total income | 53.52 | 36.56 | 27.78 | 21.98▼21% |
| Depreciation | 0 | 0 | 0 | 0.01▲238% |
| Finance costs | 0.05 | 0.04 | 0.01 | 0▼92% |
| Profit before tax | 10.78 | 17.72 | 22.25 | 16.65▼25% |
| Profit/(loss) after tax for the year | -40.19 | 504.5 | 452.36 | 637.94▲41% |
| Basic earnings per share (₹) | -138.57 | 1,744.7 | 1,576.32 | 2,223.03▲41% |
| Profit after tax before share of associates | 8.16 | 13.37 | 17.81 | 12.5▼30% |
| Share in profit/(loss) of associates (net) | -48.35 | 491.14 | 434.55 | 625.45▲44% |
Rupees crore unless marked, consolidated. The change shown is the latest year against the year before. Read from: Bharat Nidhi 81st annual report 2023-24, Bharat Nidhi 83rd annual report 2025-26.
Ownership
Shareholding pattern
Who owns the company
As of 7 July 2025
21.3%Public shareholders (other than the seven acquirers)
- Largest holder
- 21.3%
- Top 3 together
- 62.8%
- Holders named
- 8
- Public shareholders (other than the seven acquirers)21.33%
- Matrix Merchandise Limited20.91%
- Mr. Vineet Jain20.56%
- Sanmati Properties Limited16.44%
- Ashoka Marketing Limited10.46%
- Mahavir Finance Limited6.97%
- Total100.01%
Read from: Exit offer letter to public shareholders of Bharat Nidhi, July 2025
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised |
|---|---|---|---|---|
| 15 Dec 2023Company bought back 30,958 equity shares (1.067% of paid-up capital) at ₹11,229 each as an exit offer to public shareholders, for ₹3,476.27 lakhs. | Buyback | Equity shares | ₹11,229 | ₹35 Cr |
Read from: Bharat Nidhi 83rd annual report 2025-26
Leadership
Management
Bhagavatula Chintamani Rao
Director
Bhagat Ram Goyal
Director
Nityanand Singh
Director
Sunder Hemrajani
Director
Amita Gola
Company Secretary
Read from: Bharat Nidhi 83rd annual report 2025-26
Corporate calendar
Events
- 30 Sept 2026AGM83rd AGM called; dividend of ₹0.60 per share recommended for FY2025-26Open
- 17 Nov 2025Regulator orderSEBI again revoked the settlement order, reviving adjudication; the company has challenged this in the Bombay High CourtOpen
- 8 Jul 2025Exit offerSeven large shareholders opened a cash exit offer to public shareholders at ₹11,229 per share (open to 7 October 2025)Open
- 11 Jun 2025Court orderBombay High Court set aside SEBI's revocation and sent the matter back to SEBIOpen
- 30 Sept 2024AGM81st AGM held by video conferenceOpen
- 15 Dec 2023BuybackBuy-back of 30,958 shares at ₹11,229 each completed as an exit offer to public shareholdersOpen
- 10 Nov 2023Regulator orderSEBI revoked its September 2022 settlement order in the Bharat Nidhi matterOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Bharat Nidhi Ltd on WhatsAppIs the price shown for Bharat Nidhi Ltd final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Bharat Nidhi Ltd shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Bharat Nidhi Ltd shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Bharat Nidhi Ltd. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.