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S3V Vascular Technologies Limited

At a glance

  • Sales

    FY24

    ₹14.93 Cr

    −21.0%on FY23

    What the company earned from its customers in the year.

  • Loss for the year

    FY24

    ₹-3.2 Cr

    The company spent more than it earned in the year.

  • Market valuecalculated

    ₹720 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
S3V Vascular Technologies Limited
ISIN
INE0HGT01012
Sector
Healthcare
Type of share
Unlisted equity share
Indicative price per share
₹530.15
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 S3V Vascular Technologies Limited

S3V Vascular Technologies Limited is a Mysuru-based maker of minimally invasive medical devices, chiefly cardiovascular products such as drug-eluting stents, with newer work in neurovascular and critical-care devices. It was incorporated in 2011, started commercial production in FY2013 and runs three plants in Mysuru; in 2025 the government's Technology Development Board agreed to support its planned stroke-thrombectomy device plant at the Oragadam medical devices park near Chennai. The company is promoted and run by the Nagarada Gadde family (N G Badari Narayan and relatives), and brought in outside investors through a preference-share issue in March 2024.

Written from: new.s3vvascular.com, new.s3vvascular.com, tdb.gov.in, acuite.in

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
Healthcare
ISIN
INE0HGT01012
Year of incorporation
2011
Acuité press release, 31 May 2022
Registered office
Hootagalli Industrial Area, Mysuru, Karnataka
Promoters
N G Badari Narayan (16.76%), Kalindhi Narayan (8.43%), N.G. Vijaya Gopal (6.12%), N.G. Vishnu Shreyas (5.05%) and N.G. Srivatsa Sarang (4.69%)
Key people
Managing Director: Vijaya Gopal Nagaradagadde; Whole Time Director & CEO: Badari Narayan Nagarada Gadde; Whole Time Director & CFO: Nagarada Gadde Vishnu Shreyas
Face value per share
₹10
Equity shares outstanding
1,35,89,284 shares
CIN
U33112KA2011PLC059915
Company website - Investors

Read from: 13th Annual Report FY2023-24 (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.

  • Profit margincalculated

    -21.4%

    For every ₹100 of sales, the company lost ₹21.4.

Indicative price
₹530.15
Market valuecalculated
₹720 Cr
price × shares
No. of shares
1,35,89,284
EPS
₹-2.37
Face value
₹10

Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2023-24. They move with the price, and they are arithmetic, not a valuation.

Figures in ₹ crore

Financials

S3V Vascular Technologies Limited. As published in the company's audited reports. GrowFast has not audited them.

Published figures by financial year
ParticularsFY22FY23FY24Latest
Revenue from operations20.9118.914.93▼21%
Other income0.10.080.23▲188%
Total income2118.9815.15▼20%
Depreciation and amortisation1.481.732.07▲20%
Finance costs1.41.313.56▲172%
Profit before tax2.80.65-3.06▼571%
Profit after tax2.680.56-3.2▼671%
Earnings per share (basic) (₹)n/a0.43-2.37▼651%

Rupees crore unless marked, standalone. The change shown is the latest year against the year before. Read from: 12th Annual Report FY2022-23 (company website), 13th Annual Report FY2023-24 (company website).

Ownership

Shareholding pattern

Who owns the company

As of 31 March 2024

N G Badari Narayan (promoter): 16.76%Kalindhi Narayan (promoter): 8.43%L&T Welfare Company Limited (preference shares): 7.41%N.G. Vijaya Gopal (promoter): 6.12%Mahima Stocks Private Limited (preference shares): 5.63%Others: 9.74%Not broken out: 45.91%

16.8%N G Badari Narayan (promoter)

Largest holder
16.8%
Top 3 together
32.6%
Holders named
7
  • N G Badari Narayan (promoter)16.76%
  • Kalindhi Narayan (promoter)8.43%
  • L&T Welfare Company Limited (preference shares)7.41%
  • N.G. Vijaya Gopal (promoter)6.12%
  • Mahima Stocks Private Limited (preference shares)5.63%
  • N.G. Vishnu Shreyas (promoter)5.05%
  • N.G. Srivatsa Sarang (promoter)4.69%
  • Total54.09%

Read from: 13th Annual Report FY2023-24 (company website)

Capital history

Fund raise history

Share issues by S3V Vascular Technologies Limited
Date and detailTypeInstrumentPrice per shareAmount raised
26 Mar 20244,80,123 CCPS of ₹10 issued at ₹176 each (premium ₹166).Private placement0.01% non-cumulative compulsorily convertible preference shares₹176Not stated
13 Mar 202451,09,183 CCPS of ₹10 issued at ₹176 each (premium ₹166) to investors.Private placement0.01% non-cumulative compulsorily convertible preference shares₹176Not stated
14 Sept 202328,410 equity shares at ₹176 each to existing shareholders.Private placementEquity shares₹176Not stated
11 Aug 202328,410 equity shares at ₹176 each to new shareholders.Private placementEquity shares₹176Not stated
8 Aug 20231,64,790 equity shares at ₹176 each to existing shareholders.Private placementEquity shares₹176Not stated
15 Jul 20231,48,410 equity shares at ₹176 each to existing shareholders.Private placementEquity shares₹176Not stated

Read from: 13th Annual Report FY2023-24 (company website)

Leadership

Management

  • Vijaya Gopal Nagaradagadde

    Managing Director

  • Badari Narayan Nagarada Gadde

    Whole Time Director & CEO

  • Nagarada Gadde Vishnu Shreyas

    Whole Time Director & CFO

  • Veeresham Ciddi

    Independent Director

  • Prithi Sureka Mummidi

    Independent Director

  • Govindan Ramaswamy

    Independent Director (from 15.04.2024)

  • Narendra Kumar Srisrimal

    Non-executive and Non-Independent Director

  • Anuj Mehta

    Company Secretary

Read from: 13th Annual Report FY2023-24 (company website)

Corporate calendar

Events

  • 30 May 2025Government supportTechnology Development Board (DST) sanctions assistance for an integrated stroke-thrombectomy device plant at OragadamOpen
  • 30 Sept 2024AGM13th AGM held at Mysuru; includes approval for investments, loans and guarantees up to ₹100 crore under section 186Open
  • 26 Apr 2024EGMEGM to adopt amended articles following the investment agreement of 4 March 2024 with new investorsOpen
  • 31 May 2022Credit ratingAcuité withdrew its 'ACUITE D' (issuer not co-operating) ratings on ₹28.33 crore of bank facilities at the company's request with banker's no-objectionOpen

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 S3V Vascular Technologies Limited on WhatsApp
Is the price shown for S3V Vascular Technologies 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 S3V Vascular Technologies 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 S3V Vascular Technologies 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 S3V Vascular Technologies 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.

S3V Vascular Technologies Limited

₹530.15

Inquire about S3V Vascular Technologies Limited on WhatsApp