IPO Plus

₹39

■ +0 +0.00%

As of 22 Oct 2026 · delayed

BSE Listed

GSM · GSM 0
What does GSM · GSM 0 mean?
BSE · Graded Surveillance Measure (GSM 0)GSM targets fundamentally weak companies whose price doesn't square with their financials (tiny net worth or negative/extreme P/E). Practical meaning: the exchange doubts the price is backed by the business. Stage 0 is a watchlist; each higher stage makes the stock progressively harder to trade — tighter bands, full upfront margin, weekly-only trading, and at Stage IV no upward price movement at all. Exiting requires a quarterly review finding the criteria no longer met.Criteria: Shortlisted on objective financial parameters — net worth, net fixed assets, price-to-earnings multiple and market capitalisation. Stage 0 = base surveillance watchlist (identified under GSM, no graded price restriction yet); Stages I–VI add escalating curbs (price band, 100% margin, periodic call auction, settlement on a gross/trade-for-trade basis, no upward price movement).

Ind-Agiv Commerce Ltd. (517077)

Volume: 200Avg Vol 1W: 56Avg Vol 1M: 21352W Range:₹34.12₹83.34
Market Cap₹12 Cr
Current Price₹39
Previous Close₹39
High / Low (52w)₹83.34 / ₹34.12
Volume200
Avg Vol (1W)56
Avg Vol (1M)213
Stock P/E—
Book Value₹-6.83
Dividend Yield0%
ROE24.65%
ROA-6.94%
Revenue (TTM)—
Revenue Growth—
Profit Margin-283.33%
Total Debt—
Shares Outstanding0 Cr
Face Value—
EPS (TTM)₹0
P/B0
Debt / Equity0
50 DMA₹39.78
200 DMA₹60.44
Day change+0.00%
SurveillanceGSM · GSM 0
Price Chart
₹39▼ 46.76% · 1Y
₹88₹343K
2025-10-28
2026-10-22

20-day avg volume: 224 shares

Pros
  • Healthy return on equity of 24.6%.
  • Company is almost debt-free.
Cons
  • Company is loss-making at the latest annual result.
  • Negative book value per share.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹2 Cr₹1 Cr₹1 Cr₹2 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹-1 Cr₹-1 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹-1 Cr₹0 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Mar 2026Jun 2026
Revenue₹4 Cr₹1 Cr₹2 Cr₹0 Cr₹0 Cr₹0 Cr₹3 Cr₹0 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹-2 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹-1 Cr₹-1 Cr₹0 Cr
EPS-18.96—————-4.12—
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹22 Cr₹27 Cr₹24 Cr₹17 Cr₹30 Cr₹33 Cr₹30 Cr₹20 Cr
Total Liabilities₹17 Cr₹22 Cr₹21 Cr₹16 Cr₹32 Cr₹38 Cr₹37 Cr₹22 Cr
Equity₹5 Cr₹6 Cr₹3 Cr₹1 Cr₹-2 Cr₹-5 Cr₹-7 Cr₹-2 Cr
Total Debt————————
Cash Flow
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹-3 Cr₹1 Cr₹0 Cr₹-8 Cr₹3 Cr₹-2 Cr₹-4 Cr₹-6 Cr
Investing₹0 Cr₹0 Cr₹0 Cr₹8 Cr₹0 Cr₹2 Cr₹0 Cr₹0 Cr
Financing₹3 Cr₹-1 Cr₹0 Cr₹0 Cr₹-2 Cr₹0 Cr₹0 Cr₹6 Cr
Free Cash Flow₹-3 Cr₹1 Cr₹0 Cr₹-8 Cr₹3 Cr₹-2 Cr₹-4 Cr₹-6 Cr
Shareholding
Promoter 28.69% Institutions 0% Public 71.31%
Efficiency & Working Capital
ROCE-1.9%
Interest Coverage-1.2
Dividend Payout—
Debtor Days311 d
Inventory Days29 d
Payable Days290 d
Cash Conversion Cycle50 d
Working Capital Days340 d
Shareholding Details

As of 2026-06-30

Promoter28.7%
FII0%
DII0%
Institutions0%
Public71.3%
Promoter Pledge0%
No. of Shareholders1,201
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodMar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Aug 2025Sept 2025Oct 2025Dec 2025Mar 2026Jun 2026
Promoters72.2%72.2%72.2%72.2%72.2%72.2%28.7%28.7%28.7%28.7%28.7%28.7%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public27.8%27.8%27.8%27.8%27.8%27.8%71.3%71.3%71.3%71.3%71.3%71.3%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders1,0921,0961,0971,1061,1621,1781,1841,1841,1841,1891,1971,201
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Adtechno IncPublic Shareholding24.9%7,60,000
Vashdev Bhagwandas RupaniPublic Shareholding20.5%6,25,965
Sushila . RupaniShareholding of Promoter and Promoter Group18.1%5,52,155
Subhash Chander OberoiShareholding of Promoter and Promoter Group8.3%2,52,735
Piyush K SahayPublic Shareholding3.3%1,00,500
Chiranjeev Milkha SinghPublic Shareholding3.3%1,00,000
Ramesh RupaniPublic Shareholding3.3%1,00,000
Reena SahayPublic Shareholding3.3%1,00,000
Kishin Devidas MulchandaniPublic Shareholding2.8%86,000
Ranjan ChonaShareholding of Promoter and Promoter Group2.4%72,210
Board of Directors
NameDesignationYear
Vashdev B RupaniChairman & Non Executive Dir.2026
Lalit ChouhanManaging Director2026
Kishin D MulchandaniIndependent Director2026
Champak S ShahIndependent Director2026
Nand Kishore Sharma.Independent Non Exe. Director2026
Yogesh V. ThakkarIndependent Non Exe. Director2026
Ravi Bhushan PrasadCompany Secretary / Compliance Officer2026
Segments — Product
SegmentRevenueShare
Paint₹3 Cr37.6%
Audio Visual₹5 Cr60.6%
Other Equipments₹0 Cr1.7%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹104033
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025000101
2025000101
2025000101
Substantial Acquisitions (SAST)

9 disclosure(s)

Pref. Allotment12/05/2025 · 6,25,965
Pref. Allotment12/05/2025 · 1,55,000
Pref. Allotment12/05/2025 · 30,000
Pref. Allotment12/05/2025 · 1,00,000
Pref. Allotment12/05/2025 · 1,00,000
Pref. Allotment12/05/2025 · 1,00,000
Company Information
Incorporated1986
ChairmanVashdev B Rupani
AuditorH G Sarvaiya & Co
Investor Email[email protected]
🌐 www.agivavit.com ↗

📍 301-B Kanara Business Center, Near Laxmi Nagar Ghatkopar(E), Mumbai, Maharashtra, 400075

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

More stocks

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search

Telegram App