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merino industries Unlisted Shares

Merino Industries Limited

(Merino Unlisted Shares)

Buy Price

Rs. 3350 / Share

Call us / WhatsApp

70218 30639

Merino Industries Limited Unlisted Shares

merino industries Unlisted Shares

Merino Industries Limited

(Merino Industries Limited Unlisted Shares)

Buy Price

Rs. 3350 / Share

*Kindly Call/WhatsApp us to get the latest price for Merino Industries Limited as on

27 July, 2024

70218 30639

Market View
Average Must Buy

*Kindly Call/WhatsApp us to buy or get the latest price for Merino Unlisted Share as on

27 July, 2024

DRHP STATUS : NOT FILED

Industry: Ceramics/Marble/Sanitaryware

Inc. Year: 1965

Market View
Average Must Buy

Industry: Ceramics/Marble/Granite/Sanitaryware

Inc. Year: 1965

Merino Industries Limited - Unlisted Share

Company Overview

Incorporated in 1965, the Merino Group is the largest manufacturer and exporter of laminates in India. Headquartered in Kolkata, the company has its manufacturing units in Hapur (UP), Rohad (Haryana), Dahej (Gujarat), and Hosur (Tamil Nadu).

The company markets its products in over 60 countries and is present in most of the states. It has more than 2000 outlets and over 4000 dealers to give easy access to its products. The company offers interior solutions with a wide range of products for offices, homes, commercial, and public areas.

Company Financial Details

ISIN:

INE662B01017

Market Cap:

3,689 Cr.

Face Value:

Rs. 10

EPS:

118.28

P/B:

3.2

No. of Shares:

1.12 Cr.

ISIN:

INE662B01017

Market Cap:

3,689 Cr.

Face Value:

Rs. 10

EPS:

118.28

P/B:

3.2

No. of Shares:

1.12 Cr.

Net Sales - Merino Industries Limited
Total Income - Merino Industries Limited
Operating Profit - Merino Industries Limited
Net Profit - Merino Industries Limited
Total Assets - Merino Industries Limited

Call us / WhatsApp

70218 30639

FAQ

  1. PAN Card Copy.
  2. Client Master List (CML) copy.
  3. Cancelled Cheque Copy.

1-3 Working Days. At Star Investors, our upmost priority is to deliver the shares in client’s Demat Ac at earliest.

Yes, Six months lock-in period after listing of shares.

Yes trading in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market through various platforms like www.starinvestors.in

No, SEBI does not regulate the unlisted share market but certain rules and regulations of SEBI are applicable in the unlisted market space as well, such as, the DP charges for each transaction, stamp duty, lock-in period and more.

Unlisted Shares can be easily purchased at www.starinvestors.in by following a few easy steps. Given below are the steps involved in the buying of these shares:

Step 1 – Confirmation on the number of shares you want to purchase at a trading price.

Step 2 – Submission of the necessary document like your Client Master Report. Certain additional documents will also be asked for by our representative if required such as a cancelled cheque and your PAN Card if you are paying from a secondary bank account which is not mentioned in your CMR.

Step 3 – The Star Investors representative will share the account details so that you can transfer the trade amount into the account.

Step 4 – The shares will reflect in your Demat account within 24 hours as soon as the payment is received and depending on the holidays. Our details would be available to you before the transfer.

Unlisted Shares can be easily sold at www.starinvestors.in by following a few easy steps. Given below are the steps involved in the of selling of these shares:

Step 1- Confirmation on the number of shares you want to sell and at what price you want to sell.

Step 2- At Star Investors, we will find a suitable buyer for you according to your requirements and if you accept the trade we will move on to the transfer and the payment aspect of the trade.

Step 3- The Star Investors representative will provide you with the Demat account details to transfer your shares. They will also notify you about the additional details required from your end before the transfer of shares such as client master copy, delivery instruction slip, and more.

Step 4- Once the transfer is complete, the payment would be credited to your bank account within 24 hours, depending on the holidays.

The taxation on the shares may vary depending on 2 Factors:

  • Short-term capital or long-term capital.
  • Pre-IPO stage (unlisted shares) or Post-IPO stage (listed shares)

Short-term capital

Unlisted shares – In unlisted shares, the taxation of short-term capital gain i.e. less than 24 months is taxable according to the investor’s income tax slab.

Listed Shares – In listed shares, the taxation for short-term capital gains i.e. less than 12 months is at 15%

Long-term capital

Unlisted shares – The taxation for long-term capital gain i.e. more than 24 months is taxable at 20% with indexation benefits.

Listed Shares – The taxation for long-term capital gains i.e. more than 12 months is at 10% after an exemption of 1 lakh. There are no indexation benefits in listed shares.