Raft Motors Limited Unlisted Share Price
As of , Raft Motors Limited is not listed on any Indian stock exchange (NSE or BSE) — its shares trade in the unlisted, over-the-counter (pre-IPO) market.
| ROE | 22.86% |
|---|---|
| Book value | ₹2.14 |
| Face value | ₹10 |
| EPS | 26.57 |
| Debt / equity | 0.31 |
What is Raft Motors Limited?
Raft Motors Limited is an unlisted Consumer Discretionary company whose shares trade in India's over-the-counter (pre-IPO) market and settle in demat form (NSDL/CDSL).
Raft Motors Limited is an Indian electric-vehicle manufacturer operating in the high-growth electric two-wheeler segment. Incorporated in 2019 and headquartered in Mumbai, Maharashtra, the company designs, develops, manufactures and distributes electric scooters along with related components and accessories such as batteries, helmets, seat covers and parking covers. Its product range spans both high-speed and low-speed electric two-wheelers aimed at urban commuters and commercial users. The business operates across multiple channels. On the retail side, it follows a B2C dealership model, having built a network of authorised dealerships across India and into Nepal. On the institutional side, it pursues B2B partnerships, supplying vehicles to last-mile delivery and logistics operators that are increasingly electrifying their fleets. Manufacturing is carried out at facilities in Bhiwandi, Maharashtra, with additional capacity established at Domjur in West Bengal, supporting a combined annual production footprint in the low tens of thousands of units. Raft Motors is associated with the Kolkata-based Cosmic Birla Group, a parentage that draws attention within the unlisted-share community given the promoter lineage and the company's positioning in the EV mobility theme. The company was converted from a private limited company to a public limited company in December 2024 and subsequently filed draft offer documents for a proposed SME platform listing, a step that has heightened interest among participants tracking pre-listing opportunities. Investor interest in the unlisted market stems from several factors: India's structural shift toward electric mobility, government incentives supporting EV adoption, the company's expanding dealership reach, and its dual B2B and B2C revenue mix. As a pre-IPO entity that is not yet listed or trading on the NSE or BSE main board, Raft Motors is quoted on unlisted-share marketplaces on an indicative basis only, where prices are negotiated between buyers and sellers rather than discovered on a public exchange. Reported fundamentals such as return on equity and a modest debt-to-equity profile are among the metrics commonly referenced by those studying the company.
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Frequently asked questions
The ISIN of Raft Motors Limited is INE1CJA01015. An ISIN is the unique 12-character code that identifies a company's shares in the depository system; this one is verified against NSDL (the National Numbering Agency). You need it to hold or transfer these unlisted shares in your NSDL or CDSL demat account.
Raft Motors Limited is an Indian electric-vehicle company that designs, manufactures and distributes electric two-wheelers (scooters) along with batteries and accessories. Incorporated in 2019 and based in Mumbai, it sells through a dealership-led B2C network across India and Nepal and also supplies fleets via B2B partnerships with last-mile delivery operators. It is associated with the Kolkata-based Cosmic Birla Group.
Raft Motors Limited is not listed or trading on the NSE or BSE main board; it is a pre-IPO, unlisted company that has filed draft offer documents for a proposed SME platform listing. Unlisted shares are generally bought and sold off-market through SEBI-registered intermediaries and unlisted-share platforms, where a buyer and seller agree on terms directly. This is informational only and not a recommendation to transact.
An indicative unlisted price reflects negotiated demand and supply between buyers and sellers, since there is no public exchange order book. Factors that influence it include the company's financial performance, the size and pace of order flow, sector sentiment around electric mobility, share availability, and expectations around any future listing. Because there is no continuous market, quoted figures are indicative and can vary between sources and over time.
Raft Motors Limited carries CIN U52100MH2019PLC331701 and ISIN INE1CJA01015, with a face value of ₹10 per share. It was incorporated in 2019 with its registered office in Mumbai, Maharashtra, and was converted to a public limited company in December 2024. It operates EV two-wheeler manufacturing facilities in Bhiwandi (Maharashtra) and Domjur (West Bengal). These are factual reference points and not an assessment of the company's value.
They can. If the company declares a dividend, unlisted shareholders are eligible like any other shareholder. Many unlisted firms reinvest profits, so dividends are not guaranteed.
After listing, unlisted shares convert into regular listed shares in your demat account and can be traded on the exchange, usually once any applicable SEBI lock-in period ends.
Unlisted shares are less liquid than listed shares. You can sell when a buyer is available through an off-market transfer; there is no continuous exchange market, so exits can take longer.
Unlisted shares carry higher risk and lower liquidity than listed shares, with fewer disclosures and no live market price. This is general information, not investment advice — assess suitability before investing.
An unlisted share price is an indicative, over-the-counter reference set by demand and supply in private deals between buyers and sellers. There is no live exchange quote, so prices can vary across dealers and over time.
Yes. Unlisted shares are delivered in dematerialised form, so you need an active demat account (NSDL or CDSL). No special account type is required — a regular demat account works.
Unlisted shares are sold through an off-market transfer to a buyer via a registered intermediary, settling from your demat account with a contract note. Liquidity depends on buyer availability, so exits can take longer than listed shares.
Raft Motors Limited vs similar unlisted Consumer Discretionary shares
Indicative over-the-counter prices. Information only — not a recommendation or ranking.