The Calcutta Stock Exchange Ltd
- Unlisted share
- Capital Markets
- ISIN INE510I01013
At a glance
Sales
FY26
₹5.19 Cr
−54.6%on FY25What the company earned from its customers in the year.
Profit
FY26
₹216 Cr
What was left after every cost and tax was paid.
Market valuecalculated
₹58 Cr
What the whole company would be worth at GrowFast's indicative price.
Net worth
FY26
₹406 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
- The Calcutta Stock Exchange Ltd
- ISIN
- INE510I01013
- Sector
- Capital Markets
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹955.35
- Price last updated
- 7 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 The Calcutta Stock Exchange Ltd
The Calcutta Stock Exchange is a SEBI-recognised stock exchange in Kolkata that has had no trading on its own platform for years and now earns mainly listing fees and interest on deposits; 1,507 companies were listed on it at March 2026. It applied to SEBI in February 2025 to exit the exchange business, but in June 2026 its board decided to ask SEBI to keep that application on hold after the West Bengal government proposed support for a revival. It has no promoter: the shares are spread across about 1,200 holders, chiefly trading-member companies and individuals, with BSE Limited holding about 5%; in 2025-26 it booked a one-off profit of about Rs 249 crore from sub-leasing three acres of land on E.M. Bypass.
Written from: cse-india.com, cse-india.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
- Capital Markets
- ISIN
- INE510I01013
- Year of incorporation
- 1923
- Registered office
- Kolkata, West Bengal
- Promoter
- No promoter; 100% of the shares are classed as public shareholding
- CSE shareholding pattern (Regulation 31), 31 March 2026
- Key people
- Public Interest Directors: Deepankar Bose, Saradindu Dutta, Subash Chandra Misra; Shareholder Director: Manas Dhar; CFO: Prosenjit Dutta; Company Secretary: Chandrani Datta. No Managing Director & CEO is in office (SEBI has exempted the appointment)
- Face value per share
- ₹1
- Equity shares outstanding (fully paid)
- 6,11,250 shares
- CIN
- U67120WB1923PLC004707
- Official website
- cse-india.com
Read from: CSE 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.
Price to earnings (P/E)calculated
0.3×
At this price you pay ₹0.3 for every ₹1 of profit the company made in the year.
Price to book (P/B)calculated
0.14×
At this price you pay ₹0.14 for every ₹1 of net worth on the company's books.
Profit margincalculated
4,160.9%
Out of every ₹100 of sales, ₹4,160.9 was left as profit.
Return on equitycalculated
53.1%
For every ₹100 of the owners' money, the company made ₹53.1 of profit in the year.
- Indicative price
- ₹955.35
- Market valuecalculated
- ₹58 Cr
- price × shares
- No. of shares
- 6,11,250
- EPS
- ₹3,532.97
- Book value per share
- ₹6,647.53
- Face value
- ₹1
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
The Calcutta Stock Exchange 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: ₹5.66 Cr to ₹5.19 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY23 to FY26: ₹0.39 Cr to ₹216 Cr.
| Particulars | FY23 | FY24 | FY25 | FY26Latest |
|---|---|---|---|---|
| Revenue from operations | 5.66 | 12.81 | 11.43 | 5.19▼55% |
| Other income | 12.98 | 14.27 | 15.37 | 16.43▲7% |
| Total income | 18.64 | 27.08 | 26.8 | 270.89▲911% |
| Depreciation and amortisation expense | 0.21 | 0.23 | 0.2 | 0.21▲5% |
| Profit/(loss) before tax and contribution to Settlement Guarantee Fund and Investors' Service Fund | 4.5 | 8.97 | -13.95 | 261.78▲1977% |
| Profit/(loss) after tax for the year (after contributions to Settlement Guarantee Fund and Investors' Service Fund) | 0.39 | 0.83 | -21.76 | 215.95▲1092% |
| Earnings per share, basic and diluted (face value Re 1) (₹) | 6.42 | 13.61 | -355.95 | 3,532.97▲1093% |
| Profit from sub-lease of land (one-off) | n/a | n/a | n/a | 249.28 |
Rupees crore unless marked, consolidated. The change shown is the latest year against the year before. Read from: CSE annual report 2023-24, CSE annual report 2025-26.
Ownership
Shareholding pattern
Who owns the company
As of 31 March 2026
46.5%Bodies corporate (includes BSE Limited 5.05%)
- Largest holder
- 46.5%
- Top 3 together
- 94.0%
- Holders named
- 7
- Bodies corporate (includes BSE Limited 5.05%)46.53%
- Resident individuals (nominal share capital up to Rs 2 lakh)39.71%
- Investor Education and Protection Fund (IEPF)7.71%
- State Government (West Bengal Infrastructure Development Finance Corporation Ltd)3.42%
- Others (HUFs, LLPs, clearing members)2.54%
- Non-resident Indians0.08%
- Promoter & Promoter Group0.00%
- Total100.00%
Read from: CSE shareholding pattern (Regulation 31), 31 March 2026
Leadership
Management
Deepankar Bose
Public Interest Director
Saradindu Dutta
Public Interest Director
Subash Chandra Misra
Public Interest Director
Manas Dhar
Non Independent Director (Shareholder Director)
Prosenjit Dutta
Chief Financial Officer (OSD & Head of Accounts)
Chandrani Datta
Company Secretary (OSD & Secretary)
Dhiraj Chakraborty
Compliance Officer (OSD & Head-Executive)
Read from: CSE website, Board of Directors, CSE annual report 2025-26
Corporate calendar
Events
- 25 Sept 2026AGM103rd annual general meeting, for FY2025-26, by video conferenceOpen
- 30 Jun 2026Board outcomeBoard decided to ask SEBI to keep the exit application in abeyance after the West Bengal government proposed support for a revival; accounts for FY2025-26 signed and a bonus issue of two shares for each share held recorded in the board's reportOpen
- 16 Jan 2026EGMExtraordinary general meeting held during FY2025-26Open
- 14 Nov 2025AGM102nd annual general meeting, for FY2024-25Open
- 25 Apr 2025EGMShareholders authorised the board to negotiate with SEBI on exiting the stock exchange businessOpen
- 18 Feb 2025Regulatory applicationApplied to SEBI to exit the stock exchange businessOpen
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 The Calcutta Stock Exchange Ltd on WhatsAppIs the price shown for The Calcutta Stock Exchange 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 The Calcutta Stock Exchange 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 The Calcutta Stock Exchange 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 The Calcutta Stock Exchange 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.