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Roots Multiclean ₹4,000 ▲ 0.0% 1M

Roots Multiclean Unlisted Shares

Industrial Machinery Industrial and commercial cleaning equipment

Roots Multiclean makes industrial and commercial cleaning machines such as sweepers, scrubbers and vacuum cleaners from Coimbatore, Tamil Nadu. It began in 1992 and says it has served over 55,000 customers in more than 40 countries.

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Indicative price
As of 23 Oct 2026
₹4,000 ▲ 0.00% in 1 month
Dealer quotes: ₹3,124 – ₹4,000 across 2 dealers
Key facts

Roots Multiclean share details

Lot size
100 shares
Min. investment
₹400,000
Face value
₹10
Implied market cap
₹800 Cr
Shares outstanding
2,000,000
Founded
1992
Headquarters
Coimbatore, Tamil Nadu
ISIN
INE01LF01013
CIN
U36999TZ1992PLC003662
Lock-in after IPO
6 months
Price history

Roots Multiclean share price chart

1Y change
+0.00%
High
₹4,000
Low
₹4,000

Indicative off-market dealer quotes, not exchange prices. A flat stretch means the quote did not change on those days.

About

About Roots Multiclean

Roots Multiclean Ltd calls itself India's first mechanized industrial cleaning equipment manufacturer. It began operations in 1992 and is based at R.K.G. Industrial Estate, Ganapathy, Coimbatore, Tamil Nadu. Its CIN is U36999TZ1992PLC003662 and it is an unlisted public company. The company sells sweepers (walk-behind, ride-on and truck-mounted), scrubbers, high-pressure washers, commercial and industrial vacuum cleaners, carpet cleaners, steam cleaners and escalator cleaners. Buyers include cement, paper, airport, railway, hospitality, foundry, defence, pharma and automotive businesses, as well as offices and retail malls. On its website the company says it has more than 55,000 customers across India and global markets, sells in more than 40 countries on 6 continents and has over 1,300 employees. These are the company's own claims. The annual return filed for the year ended 31 March 2025 reports a turnover of ₹417.34 crore and a net worth of ₹332.15 crore. That filing shows 20,00,000 equity shares of ₹10 each. Two promoters hold 5,95,260 shares, which is 29.76% of the equity, and the company had 347 shareholders in all. We could not find a profit figure in the documents we read, so we show no profit table. The company is run by R.Varun Karthikeyan, Vice Chairman and Managing Director, described as a second-generation head of the Roots Group. In the 2026 AGM notice the board proposed to re-appoint him for five years from 1 April 2026. Roots Multiclean is not listed on any stock exchange and we have no IPO filing to link to it. Its shares are dealt off-market between private parties. The indicative price on this page is ₹4000 per share with a lot size of 100, and it is not an exchange price.

Strengths

  • The annual return for FY25 reports a turnover of ₹417.34 crore, which shows the company operates at a meaningful scale.
  • Net worth was ₹332.15 crore at the end of FY25, a sizeable equity base against a turnover of ₹417.34 crore.
  • The company says it has more than 55,000 customers and sells in more than 40 countries, so demand is not tied to one market.
  • Its products serve many industries, including cement, airports, railways, pharma and automotive, which spreads customer risk.
  • The business has operated since 1992 and the Vice Chairman and Managing Director is a second-generation leader of the Roots Group.

Risks

  • We could not read a profit and loss statement, so profit, margins and cash flow are not shown here and cannot be checked from our sources.
  • Shares are unlisted and trade off-market, so the indicative price of ₹4000 is not an exchange price and selling may take time.
  • Only 20,00,000 equity shares exist, so each trade can move the indicative price sharply.
  • The company has no IPO filing linked on this page, so there is no confirmed listing timeline.
  • Promoters hold 29.76% of the equity, a relatively low stake for a promoter-led company.
  • The company is in a niche machinery segment and its sales depend on industrial and commercial capex by customers.
Leadership

Management team

R.Varun Karthikeyan
Vice Chairman and Managing Director
Second-generation head of the Roots Group with experience in manufacturing and marketing.
J.Krishnakumar
Whole-Time Director (Director-Marketing)
Sales and marketing professional across foundry, steel, airline, hospitality, automobile and cleaning industries.
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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.