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Kanara Consumer Products Ltd (formerly Kurl-on Ltd)

Key details

Company
Kanara Consumer Products Ltd (formerly Kurl-on Ltd)
ISIN
INE781F01032
Sector
Consumer Goods
Type of share
Unlisted equity share
Indicative price per share
₹866.25
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 Kanara Consumer Products Ltd (formerly Kurl-on Ltd)

Kanara Consumer Products is the former Kurlon Limited, a Karnataka company set up in 1962 by T. Ramesh U. Pai of the Manipal-based Pai family. Its mattress and foam business had been carried on through its subsidiary Kurlon Enterprise Limited since 2014, and the group's 94.66% stake in that subsidiary (88.47% held directly) was sold to Sheela Foam Limited in October 2023. ICRA noted in December 2023 that the company had no operations at that date.

Written from: icra.in

Financials

Ask for the numbers before you decide.

Revenue, profit, book value and the latest annual report are shared by the desk on request, so what you see is the current set and not an old figure left on a web page.

Ask for the financials
Sector
Consumer Goods
ISIN
INE781F01032
Year of incorporation
1962
Registered office
Bengaluru, Karnataka
GLEIF LEI register
Founder / promoter
Founded by T. Ramesh U. Pai
Corporate Identity Number
U68100KA1962PLC001443
GLEIF LEI register

Read from: ICRA rating rationale (rating withdrawn), 11 December 2023, unless another source is shown on a card.

Financials

The latest published figures

Kanara Consumer Products Limited (erstwhile Kurlon Limited). Each figure is as its source published it, for the period shown, with a link to that source. GrowFast has not audited them.

Credit rating. [ICRA]A, Rating Watch with Developing Implications; withdrawn. ICRA, long-term fund-based term loan of ₹18.35 crore, 11 December 2023 (11 December 2023) ICRA rating rationale (rating withdrawn), 11 December 2023

Collected from public sources on 9 Oct 2026. A company may have published newer figures since. Nothing here is a valuation, a forecast or advice; ask the desk for the current annual report before you decide.

Corporate calendar

Events

  • 25 Mar 2025SettlementAddendum to the share purchase agreement took effect: Kurlon Enterprise recorded ₹35.70 crore received from Kanara Consumer Products as final settlement of the working-capital adjustment on the 2023 saleOpen
  • 11 Dec 2023RatingICRA withdrew its [ICRA]A rating on the ₹18.35 crore term loan after the loan was repaidOpen
  • 2023-10DivestmentSale of the 88.47% stake in Kurlon Enterprise Limited (and 6.19% held through a subsidiary) to Sheela Foam Limited completedOpen

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 Kanara Consumer Products Ltd (formerly Kurl-on Ltd) on WhatsApp
Is the price shown for Kanara Consumer Products Ltd (formerly Kurl-on 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 Kanara Consumer Products Ltd (formerly Kurl-on 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 Kanara Consumer Products Ltd (formerly Kurl-on 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 Kanara Consumer Products Ltd (formerly Kurl-on 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.

Kanara Consumer Products Ltd (formerly Kurl-on Ltd)

₹866.25

Inquire about Kanara Consumer Products Ltd (formerly Kurl-on Ltd) on WhatsApp