Martin and Harris Laboratories Unlisted Shares
Martin and Harris Laboratories Ltd is an Indian pharmaceutical company set up in 1993. It researches and manufactures finished dosage forms at plants in Roorkee, Uttarakhand and Gagret, Himachal Pradesh.
Read the full company profileMartin and Harris Laboratories share details
- Lot size
- 100 shares
- Min. investment
- ₹87,500
- Face value
- ₹10
- Founded
- 1993
- ISIN
- INE03VV01015
- CIN
- U24239HR1993PLC033630
- Lock-in after IPO
- 6 months
Martin and Harris Laboratories share price chart
Indicative off-market dealer quotes, not exchange prices. A flat stretch means the quote did not change on those days.
About Martin and Harris Laboratories
Strengths
- The company has operated since 1993, so it has a long track record in pharmaceutical research and manufacturing.
- It runs two plants, at Roorkee in Uttarakhand (production from August 2008) and Gagret in Himachal Pradesh (production from 2010), which spreads manufacturing across two states.
- The Roorkee plant covers a broad set of dosage forms: tablets, capsules, dry syrup, liquid orals, ointments and drug powder, plus dispersible and modified release tablets.
- A separate section for hormonal products at Roorkee lets the company handle a specialised product category apart from its general lines.
- It states it has collaborated with FDF, API and contract manufacturing companies to commercialise technologies in specialised products.
Risks
- We could not read the company's financial statements because its annual reports are scanned images, so profit, debt and cash flow are not shown here.
- The company is unlisted, so its shares have no exchange price and trade only off-market at indicative prices that can differ from deal to deal.
- Only two plants, at Roorkee and Gagret, make its products, so any disruption at a site could hit output.
- Pharmaceutical manufacturing is tightly regulated, and quality or compliance failures at a plant can stop production.
- Public information about the company is limited: its website has just four pages and no investor section, so investors have little to verify.
- No DRHP or IPO filing is linked to the company, so there is no certainty about a listing or its timing, and a lot of 100 shares may be hard to sell.
Buy or sell Martin and Harris Laboratories unlisted shares
Get a live quote on WhatsApp in under 60 seconds. Current price ₹875. Shares are delivered to your own demat in 24–48 hours, never to a custodian.
Indicative off-market price, not an exchange quote. Read the disclaimer.
Martin and Harris Laboratories unlisted shares: common questions
Important disclaimer
Unlisted shares are not traded on stock exchanges. Prices shown are indicative and based on off-market transactions; they may differ from eventual listing or future market prices. Exit liquidity depends on counter-party availability. SEBI mandates a 6-month lock-in on pre-IPO shares post-listing. Gains held beyond 24 months are taxed at 12.5% LTCG (no indexation). IPO Guru is not a SEBI Registered Investment Advisor. Information here is for general awareness, not personalised investment advice. Please consult your tax advisor before investing.