Carol Info Services
- Unlisted share
- Technology
- ISIN INE198A01014
At a glance
Sales
FY25
₹72.1 Cr
−27.9%on FY24What the company earned from its customers in the year.
Loss for the year
FY25
₹-9.9 Cr
The company spent more than it earned in the year.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Carol Info Services
- ISIN
- INE198A01014
- Sector
- Technology
- Type of share
- Unlisted equity share
- Indicative price per share
- On request
- 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 Carol Info Services
Carol Info Services is a property-holding company of the Wockhardt group. It owns about 1.67 lakh square feet of leased commercial space: the Wockhardt Towers office building at Bandra Kurla Complex in Mumbai, which brings in roughly nine-tenths of its rent, and a property in Aurangabad. Most of the space is let to Wockhardt Limited, with the rest taken by Adani Electricity and the Ascendas group. The company is owned by the Khorakiwala family, the promoters of Wockhardt, partly directly and partly through their investment company, and a large part of its money is invested in or lent to other group and promoter entities, including a 48.36% stake in Wockhardt Hospitals.
Written from: icra.in, careratings.com
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
- Technology
- ISIN
- INE198A01014
- Headquarters
- Mumbai, Maharashtra
- Promoter
- Khorakiwala family (promoters of the Wockhardt group), directly and through their investment arm
Read from: ICRA rating rationale, 28 January 2026, unless another source is shown on a card.
Figures in ₹ crore
Financials
Carol Info Services 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.
FY22 to FY25: ₹94.6 Cr to ₹72.1 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY22 to FY25: ₹90.9 Cr to ₹-9.9 Cr.
| Particulars | FY22 | FY23 | FY24 | FY25Latest |
|---|---|---|---|---|
| Operating income (as reported by ICRA from audited accounts) | 94.6 | 98.4 | 100 | 72.1▼28% |
| Profit after tax (as reported by ICRA from audited accounts) | 90.9 | 86.5 | 111.8 | -9.9▼109% |
Rupees crore unless marked, consolidated. The change shown is the latest year against the year before. Read from: ICRA rating rationale, 22 August 2024, ICRA rating rationale, 11 September 2025, ICRA rating rationale, 28 January 2026.
Credit rating. [ICRA]BBB (Stable) on a ₹550 crore long-term fund-based term loan, reaffirmed and assigned for the enhanced amount on 28 January 2026 (28 January 2026) ICRA rating rationale, 28 January 2026
Ownership
Shareholding pattern
Who owns the company
As of 8 June 2023 (date of the CARE release)
92.0%Khorakiwala Holdings and Investments Private Limited (promoter investment company)
- Largest holder
- 92.0%
- Top 1 together
- 92.0%
- Holders named
- 1
- Khorakiwala Holdings and Investments Private Limited (promoter investment company)92.00%
- Total92.00%
Read from: CARE Ratings press release, 8 June 2023
Corporate calendar
Events
- 28 Jan 2026Credit ratingICRA reaffirmed the BBB (Stable) rating and extended it to a larger ₹550 crore term loanOpen
- 2025-11BorrowingRefinanced its ₹450 crore lease-rental loan at a lower rate and took a ₹100 crore top-up loanOpen
- 11 Sept 2025Credit ratingICRA upgraded the term-loan rating to BBB (Stable) from BBB- (Stable)Open
- 22 Aug 2024Credit ratingICRA assigned a first rating of BBB- (Stable) to a ₹450 crore term loanOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
- September 2025Carol Info Services Limited: Rating upgraded to [ICRA]BBB (Stable)
- October 2026NSDL ISIN record for INE198A01014 (Carol Info Services Limited, formerly Wockhardt Life Sciences Limited)
- June 2023Carol Info Services Limited press release
- January 2026Carol Info Services Limited: Rating reaffirmed; rated amount enhanced
- August 2024Carol Info Services Limited: [ICRA]BBB- (Stable) assigned
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 Carol Info Services on WhatsAppIs the price shown for Carol Info Services 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 Carol Info Services 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 Carol Info Services 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 Carol Info Services. 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.