Prabhudas Lilladher Advisory Services Limited
- Unlisted share
- Financial Services
- ISIN INE894K01025
At a glance
Income
FY25
₹205 Cr
+34.1%on FY24What the company earned in the year, before its costs.
Profit
FY25
₹56.6 Cr
+119%on FY24What was left after every cost and tax was paid.
Market valuecalculated
₹2,249 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY25
₹140 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Prabhudas Lilladher Advisory Services Limited
- ISIN
- INE894K01025
- Sector
- Financial Services
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹361.35
- 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 Prabhudas Lilladher Advisory Services Limited
Prabhudas Lilladher Advisory Services Limited is the Mumbai-based holding company of the PL Capital group, whose wholly owned subsidiaries do stock broking, margin and loan-against-shares lending, portfolio and wealth management and merchant banking. ICRA says the company itself offers corporate advisory services and funds its subsidiaries. Its managing director, Amisha Niraj Vora, held about 89% of the equity at 31 March 2025.
Written from: icra.in, plindia.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
- Financial Services
- ISIN
- INE894K01025
- Year of incorporation
- 1991
- Registered office
- Mumbai, Maharashtra
- Promoter
- Amisha Niraj Vora (Managing Director) held 5,56,50,753 of 6,22,41,765 shares; two promoter individuals together held 89.41%
- Key people
- Managing Director: Amisha Niraj Vora
- Face value per equity share
- ₹1
- Equity shares outstanding
- 6,22,41,765 shares
- Corporate Identity Number
- U65990MH1991PLC060157
- Website
- plindia.com
Read from: Prabhudas Lilladher Advisory Services Ltd annual return (Form MGT-7) FY2024-25, company website, 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 book (P/B)calculated
16.02×
At this price you pay ₹16.02 for every ₹1 of net worth on the company's books.
Return on equitycalculated
40.3%
For every ₹100 of the owners' money, the company made ₹40.3 of profit in the year.
- Indicative price
- ₹361.35
- Market valuecalculated
- ₹2,249 Cr
- price × shares
- No. of shares
- 6,22,41,765
- Book value per share
- ₹22.56
- Face value
- ₹1
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2024-25. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Prabhudas Lilladher Advisory Services Limited. As published in the company's audited reports. GrowFast has not audited them.
Income, year by year
₹ crore. The darkest bar is the latest year.
FY24 to FY25: ₹153 Cr to ₹205 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY24 to FY25: ₹25.8 Cr to ₹56.6 Cr.
| Particulars | FY21 | FY23 | FY24 | FY25Latest |
|---|---|---|---|---|
| Profit after tax | n/a | n/a | 25.8 | 56.6▲119% |
| Net operating income (ICRA definition) | n/a | n/a | 152.9 | 205▲34% |
| Turnover (per annual return) | 3.34 | 10.71 | 15.65 | 18.29▲17% |
Rupees crore unless marked, consolidated, standalone. The change shown is the latest year against the year before. Read from: ICRA rating rationale, Prabhudas Lilladher Private Limited, 31 March 2026, Form MGT-7 annual return 2020-21, Form MGT-7 annual return 2022-23, Prabhudas Lilladher Advisory Services annual return (Form MGT-7) FY2023-24, company website, Prabhudas Lilladher Advisory Services Ltd annual return (Form MGT-7) FY2024-25, company website.
Credit rating. [ICRA]BBB+ (Stable) / [ICRA]A2+, ICRA, ₹600 crore bank facilities of Prabhudas Lilladher Private Limited, 31 March 2026 (31 March 2026) ICRA rating rationale, Prabhudas Lilladher Private Limited, 31 March 2026
Ownership
Shareholding pattern
Who owns the company
As of 31 March 2025
89.4%Promoters (Indian individuals)
- Largest holder
- 89.4%
- Top 3 together
- 98.0%
- Holders named
- 5
- Promoters (Indian individuals)89.41%
- Individuals / HUF (Indian, public)5.08%
- Others (AIF and trust)3.56%
- Bodies corporate1.82%
- Non-resident Indians0.13%
- Total100.00%
Read from: Prabhudas Lilladher Advisory Services Ltd annual return (Form MGT-7) FY2024-25, company website
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised | Source |
|---|---|---|---|---|---|
| 2025ICRA records a further ₹16 crore of capital raised in the nine months to December 2025, taking the total since April 2024 to ₹90 crore. No per-share details are given. | Equity raise | Equity shares | Not stated | ₹16 Cr | icra.in |
| 2024During FY2024-25 the company allotted 29,40,565 equity shares by private placement, with share premium of ₹74.10 crore per its annual return; ICRA puts the equity raised in FY2025 at ₹74 crore. Exact allotment dates and price per share are not stated. | Private placement / preferential allotment | Equity shares | Not stated | ₹74 Cr | plindia.com |
| 2024In FY2024-25 each ₹10 share was split into ten ₹1 shares and 4,44,75,900 bonus shares were issued; shares were also issued and cancelled under a merger. Paid-up capital ended the year at 6,22,41,765 shares of ₹1. | Bonus issue and share split | Equity shares | Not stated | Not stated | plindia.com |
Read from: ICRA rating rationale, Prabhudas Lilladher Private Limited, 31 March 2026, Prabhudas Lilladher Advisory Services Ltd annual return (Form MGT-7) FY2024-25, company website
Leadership
Management
Amisha Niraj Vora
Managing Director
Dhiren Prabhudas Sheth
Director
Rajeev Dalal
Director
Siddharth Niraj Vora
Director
Read from: Prabhudas Lilladher Advisory Services Ltd annual return (Form MGT-7) FY2024-25, company website
Corporate calendar
Events
- 31 Mar 2026RatingICRA assigns [ICRA]BBB+ (Stable)/[ICRA]A2+ to ₹250 crore of new bank lines, reaffirms A2+ on ₹350 crore and withdraws the commercial paper rating at the company's requestOpen
- 28 Nov 2025Regulator orderSEBI order bars subsidiary Prabhudas Lilladher Private Limited from new assignments for seven days from 15 December 2025; ICRA notes the group later obtained a stay from the Securities Appellate TribunalOpen
- 26 Sept 2025RatingICRA reaffirms [ICRA]A2+ on the broking subsidiary's bank lines and commercial paperOpen
- 19 Sept 2025AGMAnnual general meeting for FY2024-25 heldOpen
- 2 Aug 2024AGMAnnual general meeting held (EGMs were also held on 6 May, 10 August and 14 August 2024)Open
- 14 Sept 2023AGMAnnual general meeting for FY2022-23 heldOpen
- 15 Nov 2022Board changeThree directors left the board and Rajeev Dalal and Siddharth Niraj Vora joined as additional directorsOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
- FY2025-26ICRA rationale, Prabhudas Lilladher Private Limited, 26 September 2025
- FY2025-26ICRA rationale, Prabhudas Lilladher Private Limited (consolidated view of this company), 31 March 2026
- FY2024-25Form MGT-7 annual return 2024-25
- FY2023-24Form MGT-7 annual return 2023-24
- FY2022-23Form MGT-7 annual return 2022-23
- FY2021-22Form MGT-7 annual return 2021-22 (scanned)
- FY2020-21Form MGT-7 annual return 2020-21
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 Prabhudas Lilladher Advisory Services Limited on WhatsAppIs the price shown for Prabhudas Lilladher Advisory Services Limited 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 Prabhudas Lilladher Advisory Services Limited 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 Prabhudas Lilladher Advisory Services Limited 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.
Similar stocks
More in Financial Services
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 Prabhudas Lilladher Advisory Services Limited. 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.