Rydak Syndicate Limited
- Thinly traded share
- Chemicals & Materials
- ISIN INE826F01019
At a glance
Sales
FY26
₹178 Cr
+8.9%on FY25What the company earned from its customers in the year.
Profit
FY26
₹3.28 Cr
−0.3%on FY25What was left after every cost and tax was paid.
Net worth
FY26
₹73.36 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
- Rydak Syndicate Limited
- ISIN
- INE826F01019
- Sector
- Chemicals & Materials
- Type of share
- Equity share (see listing status)
- 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 Rydak Syndicate Limited
Rydak Syndicate grows and manufactures black tea on its own estates in Assam and the Dooars region of North Bengal, with a factory on each estate; after absorbing Dhelakhat Tea Company in 2026 it reports nine estates and also runs a small tea-tourism bungalow at Baradighi. It dates back to 1898, has been part of the Kolkata-based Jardine Henderson group since 1948, and Jardine Henderson, Limited is its promoter with just under half the shares. Its shares are listed on the Calcutta Stock Exchange, where they did not trade in FY2025-26.
Written from: rydaksyndicate.com, rydaksyndicate.com
Listing status. Already listed: equity shares are listed on The Calcutta Stock Exchange (scrip code 28365). The company reports that no trade took place there during FY2025-26. Rydak Syndicate 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
- Chemicals & Materials
- ISIN
- INE826F01019
- Registered office
- Kolkata, West Bengal
- Promoter
- Jardine Henderson, Limited (49.88% as at 31 March 2026)
- Key people
- Managing Director: Rajvinder Singh; CFO: Aditya Gupta; Company Secretary: Sunny Jalan
- Permanent employees on the rolls
- 8,740 people
- Face value per share
- ₹10
- Equity shares outstanding
- 9,73,128 shares
- CIN
- L65993WB1900PLC001417
- Official website
- rydaksyndicate.com
Read from: Rydak Syndicate 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.
Profit margincalculated
1.8%
Out of every ₹100 of sales, ₹1.8 was left as profit.
Return on equitycalculated
4.5%
For every ₹100 of the owners' money, the company made ₹4.5 of profit in the year.
Debt to equitycalculated
0.54×
The company has borrowed ₹0.54 for every ₹1 of its owners' money.
- Indicative price
- On request
- No. of shares
- 9,73,128
- EPS
- ₹33.71
- Book value per share
- ₹753.86
- 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
Rydak Syndicate 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 FY26: ₹138 Cr to ₹178 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY23 to FY26: ₹11.45 Cr to ₹3.28 Cr.
| Particulars | FY23 | FY24 | FY25 | FY26Latest |
|---|---|---|---|---|
| Revenue from operations | 138.01 | 139.79 | 163.8 | 178.46▲9% |
| Other income | 1.4 | 1.7 | 2.58 | 1.17▼55% |
| Total income | 139.4 | 141.49 | 166.39 | 179.63▲8% |
| Depreciation and amortisation | 3.15 | 3.39 | 4.21 | 4.88▲16% |
| Finance costs | 0.99 | 1.55 | 2.96 | 3.51▲19% |
| Profit before tax | 10.89 | 5.75 | 3.69 | 3.26▼12% |
| Profit for the year | 11.45 | 4.91 | 3.29 | 3.28 |
| Earnings per share (basic and diluted) (₹) | 117.61 | 50.43 | 33.82 | 33.71 |
Rupees crore unless marked, consolidated, standalone, restated for merger, standalone. The change shown is the latest year against the year before. Read from: Rydak Syndicate annual report 2023-24, Rydak Syndicate annual report 2025-26.
Credit rating. No credit rating obtained during FY2025-26, per the company's corporate governance report (FY2025-26) Rydak Syndicate annual report 2025-26
Ownership
Shareholding pattern
Who owns the company
49.9%Promoter: Jardine Henderson, Limited
- Largest holder
- 49.9%
- Top 3 together
- 68.6%
- Holders named
- 4
- Promoter: Jardine Henderson, Limited49.88%
- Kant & Co. Ltd.10.35%
- Sripadam Investments Ltd.8.33%
- Monet Securities Private Limited6.06%
- Total74.62%
Read from: Rydak Syndicate annual report 2025-26
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised |
|---|---|---|---|---|
| 202689,917 equity shares of ₹10 each allotted to shareholders of Dhelakhat Tea Company Limited at 2,726 Rydak shares for every 10,000 Dhelakhat shares, under the NCLT-sanctioned amalgamation; no cash was raised. | Shares issued on merger | Equity shares | Not stated | Not stated |
Read from: Rydak Syndicate annual report 2025-26
Leadership
Management
Rajvinder Singh
Managing Director
Aditya Gupta
Chief Financial Officer
Sunny Jalan
Company Secretary
Prabir Kumar Bhattacharjee
Non-Executive Non-Independent Director
Ravindra Suchanti
Non-Executive Independent Director
Sruti Baid
Non-Executive Independent Director
Deepankar Nandi
Non-Executive Non-Independent Director
Read from: Rydak Syndicate annual report 2025-26
Corporate calendar
Events
- 24 Sept 2026AGM128th annual general meeting called by video conference; accounts for FY2025-26 and a dividend of ₹0.50 per share on the agendaOpen
- 20 Mar 2026MergerNCLT Kolkata sanctioned the amalgamation of Dhelakhat Tea Company Limited into Rydak Syndicate, effective from the appointed date of 1 April 2024Open
- 10 Feb 2026Postal ballotShareholders re-appointed Rajvinder Singh as Managing Director by special resolutionOpen
- 18 Sept 2025AGM127th annual general meeting held by video conference; dividend of ₹1 per share for FY2024-25 on the agendaOpen
- 2024DividendDividend of ₹1 per share proposed for FY2023-24Open
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 Rydak Syndicate Limited on WhatsAppIs the price shown for Rydak Syndicate 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 Rydak Syndicate 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 Rydak Syndicate 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.
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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 Rydak Syndicate 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.

