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ORBIS FINANCIAL CORPORATION Unlisted Shares

Orbis Overview and Key Details **1. Business Overview** Orbis Financial Corporation Ltd. is a SEBI-registered financial services provider specializing in custody, clearing, and settlement services. It offers a comprehensive suite of services including custody and fund accounting, clearing and settlement, Registrar and Transfer Agent (RTA) services, trustee services, and Depository Participant services with NSDL and CDSL. Its clientele includes Foreign Portfolio Investors (FPIs), Alternative Investment Funds (AIFs), Mutual Funds, and High Net-worth Individuals (HNIs). The company commenced commercial operations in 2009. **2. Investment Rationale** The company has shown robust financial growth with consistent increases in revenue and profitability over the past four years, noting an 85.90% growth in total income and 111.05% growth in PAT in FY24. It boasts a diverse service portfolio catering to various segments of the financial market including custody, clearing, RTA, and trustee services. Orbis has a strong client base serving a wide array of clients, including FPIs, AIFs, Mutual Funds, and HNIs. As a registered entity with SEBI and associated with both NSDL and CDSL, the company adheres to regulatory standards. **3. Key Risks** Orbis faces market competition in a highly competitive financial services sector. Regulatory changes in SEBI regulations or other financial market policies could impact the company's operations. As an unlisted entity, liquidity options for investors are limited. **4. IPO Timeline & Exit Options** Potential exit options include private secondary transactions, company buybacks, and a potential future IPO. **5. UnlistedZone View** Orbis Financial Corporation demonstrates strong financial performance and a diversified service portfolio. However, potential investors should consider the inherent risks associated with unlisted investments, including liquidity constraints and regulatory changes, and conduct thorough due diligence before making investment decisions. UnlistedZone rates the company as "Accumulate" with a 2-3 year investment horizon. The target valuation post-IPO is subject to market conditions and company performance. **Company Snapshot (as of April 24, 2025)** * Name: Orbis Financial Corporation Ltd * CIN: U67120HR2005PLC036952 * Incorporated: 2005 * Headquarters: Gurugram, Haryana * Promoters: Atul Gupta, Arpit Khandelwal, Orbis Foundation * Sector: Financial Services - Custody & Clearing * ISIN: INE155K01013 **Financials (In Cr.)** | Particulars | FY21 | FY22 | FY23 | FY24 | | ----------- | ---- | ---- | ---- | ---- | | Revenue | 66 | 154 | 297 | 424 | | EBITDA | 10 | 60 | 164 | 249 | | PAT | 15 | 49 | 90 | 141 | | EPS | 1.71 | 5.2 | 7.92 | 11.59| **Valuation Metrics** * Last Deal Price: ₹455/share (24 Apr 2025) * Implied Market Cap: ₹5539 Cr. * P/E Ratio (FY24): 39.29 * Book Value (FY24): ₹57.32 * P/B Ratio: 7.94 **Shareholding Pattern** | Shareholder Category | % Holding | | --------------------------- | --------- | | Others | 32.08% | | Atul Gupta | 21.79% | | Arpit Khandelwal | 18.48% | | Madhulika Agarwal | 7.87% | | Ashish Kacholia | 7.80% | | Plutus Wealth Management LLP | 6.20% | | Orbis Foundation | 5.77% | **6. Disclosures & Data Sources** * Sources: Company filings, media reports, market analyses.

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FAQ's

What are unlisted shares?

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Unlisted shares are stocks of companies that are not listed on any stock exchange, meaning they are not publicly traded. These shares are typically available for trade in the private market through brokers, and can offer unique investment opportunities.

How can I buy unlisted shares?

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You can buy unlisted shares through a broker or platform that specializes in unlisted share transactions. We provide a secure and easy way to purchase unlisted shares from top companies, ensuring a smooth transaction process.

What is the share price of unlisted companies?

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The share prices of unlisted companies can fluctuate based on various factors like market demand, company performance, and private transactions. You can check the latest share prices for unlisted companies on our website for real-time updates.

Are unlisted shares a good investment?

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Unlisted shares can offer higher growth potential, as they are typically not subject to the same market volatility as listed shares. However, they come with higher risk due to limited liquidity and availability of information. It's important to research thoroughly and consult experts before investing.

How can I sell unlisted shares?

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To sell unlisted shares, you can connect with a broker or platform that facilitates the sale of private stocks. We help investors buy and sell unlisted shares with ease, ensuring that your transaction is handled professionally and securely.

What are the risks of investing in unlisted shares?

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Yes, unlisted shares can eventually be listed on a stock exchange through an Initial Public Offering (IPO). This process allows the company to offer its shares publicly and be traded on major exchanges, potentially increasing liquidity and visibility.

What is the share price of unlisted companies?

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Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.

How do I know the current value of unlisted shares?

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The value of unlisted shares is typically determined by private transactions, financial reports, and market demand. We provide the latest updates on share prices of unlisted companies, giving you the most accurate valuation available.

Is there a minimum investment amount for unlisted shares?

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The minimum investment for unlisted shares can vary depending on the company and broker. Generally, the minimum investment is higher than for listed stocks, but we provide detailed information to help you make the best investment decisions.

Can I get a dividend from unlisted shares?

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Yes, unlisted shares may pay dividends if the company has declared them. However, since these companies may be in their growth stage, dividend payments are not always guaranteed. It's important to check the company's financial health before investing.

How do I know which unlisted shares are worth investing in?

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It's important to conduct thorough research on the company's financials, management, market potential, and overall business model. You can also seek professional advice from experts to help you choose unlisted shares with strong growth prospects.

Are unlisted shares taxed?

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Gains from unlisted shares are subject to capital gains tax in India. Short-term capital gains (if held for less than 24 months) are taxed at your applicable income tax rate, while long-term capital gains (if held for more than 24 months) are taxed at 20% with indexation benefits. Always consult a tax advisor for precise tax implications.

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