ESL Steel Limited Unlisted Shares Share Price
About The Company
ESL Steel Limited Unlisted Shares Unlisted Shares
Financials · IPO timeline · Growth projects
Strong
Market Position
Consistent
YoY Growth
Experienced
Management
Key Indicators
A snapshot of ESL Steel Limited Unlisted Shares's financial health, valuation multiples and capital efficiency at a glance.
Pricing Trends
Financial Performance
| Indicators | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,282.1 | 8,618.6 | 8,052.3 | 6,799.8 | 4,899.2 | 4,481.2 | 5,006.7 | 3,743.6 |
| Expense | 7,732.1 | 8,347.4 | 7,703.3 | 6,033.6 | 3,921.8 | 3,821.3 | 4,123.7 | 3,320.0 |
| EBITDA | 550.0 | 271.2 | 349.0 | 766.2 | 977.5 | 668.8 | 883.0 | 423.6 |
| Other Cost | 868.4 | 920.4 | 819.8 | 742.0 | 722.9 | 690.7 | -305.0 | 6,562.5 |
| PBT | -318.4 | -649.2 | -470.8 | 24.2 | 254.5 | -21.8 | 1,188.0 | -6,138.8 |
| Tax Expense | -52.2 | 318.4 | 87.1 | 118.8 | -2,753.8 | 0.0 | 0.0 | 0.0 |
| PAT | -266.2 | -967.6 | -557.9 | -94.6 | 3,008.4 | -21.8 | 1,188.0 | -6,133.8 |
| Other Inc./Exp. | -1.5 | -0.8 | -2.8 | 0.0 | -276.9 | -0.5 | 0.8 | -0.9 |
| Net Income | -267.7 | -968.4 | -560.7 | -94.6 | 2,731.5 | -22.3 | 1,188.8 | -6,139.8 |
| Shares O/S | 184.90 | 184.90 | 184.90 | 184.90 | 184.90 | 192.30 | 221.00 | 240.90 |
| EPS (₹) | -1.44 | -5.20 | -3.00 | -0.50 | 16.30 | -0.10 | 5.40 | -25.50 |
| Rev. Growth % | -3.9% | 7.0% | 18.4% | 38.8% | 9.3% | -10.5% | 33.7% | — |
| EBITDA Mgn % | 6.6% | 3.1% | 4.3% | 11.3% | 20.0% | 14.9% | 17.6% | 11.3% |
| Net Mgn % | -3.2% | -11.2% | -7.0% | -1.4% | 55.8% | -0.5% | 23.7% | -164.0% |
| EPS Growth | -72.3% | 73.3% | 500.0% | -103.1% | -16400.0% | -101.9% | -121.2% | — |
Registered Address
Management Team
Download Financial Results
In The News








Top Unlisted companies
Frequently Asked Questions
Still have questions?
Our expert team typically responds within 30 minutes during market hours.
About ESL Steel Limited Unlisted Shares
Incorporated in 2006 as a Public Listed Company, ESL is an Integrated Steel Producer in Bokaro, Jharkhand, India. The company's operations revolve around the manufacturing of wire rods, TMT bars, ductile iron pipes and billets, pig iron, and iron & steel scrap products.
Owing to massive debt and the inability to fulfill the payment obligations, the National Company Law Tribunal intervened to settle the debt case, and the company was then acquired by Vedanta Limited in June 2018 by the Corporate Insolvency Resolution Act, followed by a restructuring in the company's operations.
ESL Steel Limited has established its identity in the manufacturing sector in a short span of time and has also registered its business turnover less than a year after the business became profitable in 2019, soon after the acquisition. ESL Steel Limited unlisted shares are also available for the people to get monetary benefits from the growth of the company
Electrosteel Limited is one of the leading companies in the Indian steel industry. It has been in the business for 17 years now. During this time, Electrosteel has made a name for itself, and in the past few years, it has generated good revenue and profit. Moreover, in 2018, Vedanta Ltd. bought a stake in ESL Steel for a whopping ₹5025 crore. This marked the starting of a joint venture by both conglomerates.
ESL Shareholding Structure

ESL Steel Limited Unlisted Share Price Overview

After building a solid base in the manufacturing space, ESL Steel Limited has slowly found its footing in the unlisted market as well. The company sits in the mid-cap unlisted segment, with a market capitalisation of around Rs 6,000 to Rs 6,500 crore, making it relevant for investors looking beyond early stage bets but still before full market maturity.
ESL Steel has an authorised share capital of about Rs 10,020 crore and a paid-up capital close to Rs 1,849 crore, with a stable number of outstanding shares. This consistency in equity structure adds comfort for long-term unlisted investors, as there has been no meaningful dilution in recent years.
The unlisted share price journey has been steady rather than speculative. During 2023, the stock largely traded in the Rs 32 to Rs 41 range, reflecting cautious sentiment while the company was still dealing with operational pressure. In early 2024, prices dipped briefly toward the Rs 28 to Rs 30 zone, marking a low confidence phase.
As operating performance improved and margins showed recovery, the stock saw a sharp re-rating in mid-2024, moving up from Rs 48 to Rs.56. Since then, prices have cooled and consolidated. Currently, ESL Steel unlisted share price trades around Rs 44 per share, suggesting a more balanced and realistic valuation.
Overall, ESL Steel’s unlisted shares represent a measured turnaround story but are steady, patient and driven by gradual improvement rather than hype.
If you wish to invest in an unlisted stock in the mid-cap range, then ESL Steel Limited Unlisted Share will be your best pick! When it comes to ElectroSteel steel share price, it has been constant for a long time. There are a few fluctuations here and there, but mostly, it remains in the same ballpark.
Currently, on 21st December 2025, the price of Electrosteel steel share price is around Rs 37
Financial Performance Analysis of ESL Steel Unlisted Shares
Particulars (in Rs. Crores) | FY25 | FY24 | FY23 |
Revenue | 8,282.1 | 8,618.6 | 8,052.3 |
EBITDA | 550.0 | 271.2 | 349.0 |
EBITDA Margin | 6.6% | 3.1% | 4.3% |
Profit After Tax | 266.2 | 967.6 | 92.0 |
Net Margin | 3.2% | 11.2% | 7% |
EPS | 1.44 | 5.20 | 3.0 |
Outstanding Shares | 184.9 | 184.9 | 184.9 |
Over the last 3 years, ESL Steel’s numbers clearly show a cyclical downturn followed by operational recovery.
In FY23, the company was close to breakeven, but FY24 turned into a stressful year, with sharp losses driven by weak margins and higher costs. However, FY25 marks a strong turnaround phase.
Despite a slight dip in revenue in FY25, EBITDA more than 2x compared to FY24, rising to Rs 550 Cr. This reflects better cost control, improved efficiency and operating leverage. EBITDA margins expanded sharply from 3.1% to 6.6%, which is the strongest level in the last three years.
Most importantly, losses have narrowed significantly. Net loss reduced from Rs 968 Cr in FY24 to Rs 266 Cr in FY25, and EPS improved from Rs 5.2 per share to Rs 1.44 per share. This indicates that the worst phase is likely behind the company.
With no equity dilution, improving margins and a clear reduction in losses, ESL Steel is transitioning from a loss-heavy phase to a recovery cycle. For long-term unlisted investors, such improvement phases often create value before profitability fully normalises.
ESL Steel is not a momentum play, but it is a turnaround-driven opportunity, where operational improvement is clearly visible in FY25.
Why buy ESL Steel Limited unlisted shares?
The ESL Steel unlisted share has shown substantial valuations and financial statements over the years, which has gained the investor's trust and made the share more attractive to the shareholders. The share price jumped from Rs 24 in Jan 24 to Rs 47 per share in May 24 . With the company working under Vedanta Limited, it has provided shareholders' assurance towards the stability in the share prices.
If we compare the company with the other major competitors in the market, it is evident that the company has stable financial growth.
ElectroSteel is a very promising company when it comes to investing. The company’s share prices have been constant, and the company is also looking to sign on to some deals that will further benefit the company. When it comes to unlisted shares, the only thing that affects their price is a company’s financials, like revenue and EBITDA. The Revenue and EBITDA of the company for FY 2025 were around Rs 8,282 crore and Rs 550 crore, respectively. The revenue and EBITDA in the previous year were ₹8,618.6 crore and ₹271.2 crore, respectively. This shows the potential and growth of the Electrosteel steel share price.

How To Apply For ESL Steel Limited Unlisted Shares Online?
To get monetary benefits from the growth of a company, one of the ways is to buy its unlisted shares. Out of the multiple options available, Stockify is one of the best platform to buy unlisted shares in India. If you want to explore different risk dynamics and have a diversified portfolio, then buying unlisted shares is the best option. With a team of experts and professionals at hand, Stockify is a resort for investors and shareholders.
Check ESL Steel Limited Unlisted Share Price today at Stockify.
Get updated unlisted share prices and exponential returns by investing in the best shares. If you want an updated price of ESL Steel Limited Unlisted Shares and other unlisted blue chip companies, then Stockify can be your resort. With the updated prices of the latest shares, Stockify makes unlisted share trading easier and helps people new to the field of investing take the first step towards their investment journey. The current price of ESL Steel Limited is Rs. 37 per equity share. (approx.)
Check out the prices of other unlisted shares on Stockify.
Stockify is a one-stop solution for trading in unlisted shares, Pre-IPO, and ESOPs. Apart from ESL Steel Limited unlisted shares, you can also get access to unlisted shares of the best companies, ranging from technology, food and beverage, manufacturing, and even healthcare services. Below listed are a few stocks that you can consider buying.
Reliance Retail, Pharmeasy, Chennai Super Kings, Anglo-French Drugs & Industries, Hexaware Technologies Ltd, Five Star Business Finance Ltd Unlisted Shares, Fincare Small Finance Bank Ltd Unlisted Shares, Arohan Financial Services Unlisted Shares, Utkarsh Coreinvest Ltd Unlisted Shares, Fino Paytech Ltd Unlisted Shares, Hero Fincorp Ltd Unlisted Shares, National Stock Exchange Ltd Nse Unlisted Shares, National Commodity Derivatives Exchange Ltd Ncdex Unlisted Shares, MetroPolitan Stock Exchange MSEI Unlisted Shares, Capital, Small Finance Bank Ltd Unlisted Shares, And Motilal Oswal Home Finance Ltd Unlisted Shares










