| P&L Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | 444 | 566 | 1281 |
| Cost of Material Consumed | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 |
| Gross Margins | 100 | 100 | 100 |
| Employee Benefit Expenses | 852 | 971 | 1011 |
| Other Expenses | 368 | 443 | 778 |
| EBITDA | -776 | -828 | -508 |
| OPM | -174.77 | -146.29 | -39.66 |
| Other Income | 928 | 976 | 987 |
| Finance Cost | 0 | 0 | 0 |
| D&A | 20 | 21 | 23 |
| EBIT | -796 | -849 | -531 |
| EBIT Margins | 132 | -150 | -41.45 |
| PBT | -179.28 | 127 | 456 |
| PBT Margins | 29.73 | 22.44 | 35.6 |
| Tax | 107 | 88 | 373 |
| PAT | 25 | 39 | 83 |
| NPM | 5.63 | 6.89 | 6.48 |
| EPS | 4.04 | 6.3 | 13.41 |
| Financial Ratios | 2022 | 2023 | 2024 |
|---|---|---|---|
| Operating Profit Margin | -174.77 | -146.29 | -39.66 |
| Net Profit Margin | 5.63 | 6.89 | 6.48 |
| Earning Per Share (Diluted) | 4.04 | 6.3 | 13.41 |
| Assets | 2022 | 2023 | 2024 |
|---|---|---|---|
| Fixed Assets | 2796 | 2807 | 2791 |
| CWIP | 0 | 0 | 0 |
| Investments | 3844 | 7204 | 7921 |
| Trade Receivables | 150 | 173 | 108 |
| Inventory | 0 | 0 | 0 |
| Other Assets | 32429 | 29007 | 29459 |
| Total Assets | 39219 | 39191 | 40279 |
| Liabilities | 2022 | 2023 | 2024 |
|---|---|---|---|
| Share Capital | 6.19 | 6.19 | 6.19 |
| FV | 1 | 1 | 1 |
| Reserves | 19353 | 19715 | 20238 |
| Borrowings | 0 | 0 | 0 |
| Trade Payables | 93 | 104 | 145 |
| Other Liabilities | 19766.81 | 19365.81 | 19889.81 |
| Total Liabilities | 39219 | 39191 | 40279 |
| Cash-Flow Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| PBT | 506 | 449 | 897 |
| OPBWC | -680 | -741 | -324 |
| Change in Receivables | -22 | -30 | 1552 |
| Change in Inventories | 0 | 0 | 0 |
| Change in Payables | -49 | 11.5 | 140 |
| Other Changes | 10642 | 7137.5 | 9296 |
| Working Capital Change | 10571 | 7119 | 10988 |
| Cash Generated From Operations | 9891 | 6378 | 10664 |
| Tax | -3 | 22 | -246 |
| Cash Flow From Operations | 9888 | 6400 | 10418 |
| Purchase of PPE | -3.5 | -27.5 | -3.8 |
| Sale of PPE | 0.8 | 1.6 | 1.42 |
| Cash Flow From Investment | -10066 | -6625 | -10839 |
| Borrowing | 0 | 0 | 0 |
| Dividend | -10 | -11 | -10.51 |
| Equity | 0 | 0 | 0 |
| Others From Financing | 0 | 0 | -0.49 |
| Cash Flow from Financing | -10 | -11 | -11 |
| Net Cash Generated | -188 | -236 | -432 |
| Cash at the Start | 1151 | 905 | 669 |
| Cash at the End | 963 | 669 | 237 |
Calcutta Stock Exchange (CSE) is one of India’s oldest stock exchanges, with a rich history dating back to 1908. Once a major trading hub for Eastern India, the exchange played a critical role in shaping the country’s early capital market ecosystem. Over the decades, CSE built a strong membership base and facilitated trading across multiple securities, contributing significantly to regional capital formation. However, structural market reforms, the rise of national exchanges, and regulatory requirements gradually reduced its active operations. Despite this, CSE remains a recognized stock exchange under the Securities Contracts (Regulation) Act and continues to maintain its corporate structure, regulatory compliance, and legacy market infrastructure.
The unlisted shares of Calcutta Stock Exchange attract investor interest primarily because of the exchange’s historical significance, limited share supply, and potential prospects linked to regulatory developments in India’s financial markets. While trading operations have been restricted, the organization still holds valuable assets, including prime real estate, membership value, and long-standing institutional recognition. Investors who seek long-term, speculative opportunities often explore CSE’s unlisted shares due to the possibility of restructuring, mergers, business revival, or monetization of assets in the future. The rarity and high demand in the private market occasionally influence the pricing of these unlisted shares.
Looking ahead, the future of CSE’s unlisted shares depends largely on regulatory decisions, strategic partnerships, and evolving market reforms. If policy changes enable regional exchanges to revive or adopt new business models—such as SME platforms, fintech-driven services, or digital trading ecosystems—CSE could regain relevance in India’s capital market landscape. Investors anticipate that any such revival, asset restructuring, or modernization effort may enhance the long-term value of its unlisted shares. While speculative in nature, CSE remains an intriguing legacy asset for investors who understand the risks and potential associated with unlisted and dormant market institutions.
Q:1 How do I confirm the booking of Calcutta Stock Exchange Unlisted Shares?Answer: You can confirm the booking by contacting us and agreeing on a trading price for the shares you wish to purchase.
Q:2 What documents do I need to provide for the purchase of unlisted shares?Answer: You need to provide your client master report (CMR), PAN Card, and a cancelled cheque if you are not transferring funds from the bank account specified in the CMR.These are KYC documents required as per SEBI regulations.
Q:3 How do I transfer the funds for purchasing unlisted shares?
Answer: You will need to transfer the funds to the bank account details that we will provide once your booking is confirmed.
Q:4 What payment methods are accepted for the purchase of shares?
Answer: Payments must be made through RTGS, NEFT, IMPS, or cheque transfer.Cash deposits are not accepted.
Q:5 Can I transfer funds from any bank account for purchasing shares?
Answer: No, the payment must be made from the same bank account in which the shares will be credited.
Q:6 What if I do not have a client master report?
Answer: If you do not have a client master report, you should contact your broker to obtain one.
Q:7 Is there a specific format for the cancelled cheque required for KYC?Answer: Yes, the cancelled cheque should be from the same bank account that you will use for the payment and should clearly display your account details.
Q:8 Are there any additional fees associated with buying unlisted shares?Answer: Any additional fees or charges will be communicated to you at the time of booking, so please ensure to inquire about them during the confirmation process.