| Market Cap (cr): | 2484.38 | Book Value: | 8905.09 |
|---|---|---|---|
| Lot Size: | 50 | 52 Week High: | 2100 |
| 52 Week Low: | 1200 | EPS: | |
| Demat Account: | PB: | 0.21 | |
| Face Value: | 10 | Debt To Equity: | 0 |
| No Of Shares: | 13250000 | Url: | https://digvijayfin.com/ |
Overview :
Digvijay Finlease Limited is an investment and holding company. Your investment value derives from the securities and investments it holds, not from an operating business with products and customers.
Recent price reference: approximately ₹1,675 per share (July 2026).
The three-step valuation you must complete before buying:
| Step | Action |
| 1. Establish what it holds | Which companies, and how many shares of each |
| 2. Value those holdings | Market price where quoted; book or last-transaction value where unquoted |
| 3. Apply the holding-company discount | Indian discounts typically run 40–60% |
Benchmarks: Equitas Financial Services traded at approximately a 60% discount to its underlying stake; Ujjivan Financial Services at around 40%.
Call Arms Securities at +91-8882245112 and request the latest annual report and investment schedule. Without knowing what the company holds and what those holdings are worth, you cannot form a view on whether ₹1,675 is cheap or expensive.
Key Takeaways
- Digvijay Finlease Limited is an investment and holding company — its assets are securities held in other companies rather than operating businesses.
- Recent price reference: approximately ₹1,675 per share (July 2026).
- The investment thesis is discount capture: buy at a wider discount to Net Asset Value than the discount prevailing when value is eventually realised, and the narrowing gap is your return.
- The risk is that discounts persist. Without a merger, demerger, listing or liquidation, there is no mechanism forcing the gap to close — and none is announced.
- Ask specifically about ROFR (Right of First Refusal) clauses — group holding companies sometimes carry transfer restrictions that would directly affect your ability to sell later.
Company Overview & Fundamentals
| Parameter | Details |
| Company Name | Digvijay Finlease Limited |
| Type | Investment and holding company |
| Recent Price Reference | ~₹1,675 (July 2026) |
| Disclosure Level | Limited public information |
| Listing Status | Unlisted |
How to Value This Share — The Required Work
| Step | Action |
| 1 | Obtain the latest annual report and the full schedule of investments |
| 2 | Identify every holding — company name and number of shares |
| 3 | For quoted holdings, multiply shares × current market price |
| 4 | For unquoted holdings, use book value or last transaction value |
| 5 | Subtract liabilities at the Digvijay Finlease level |
| 6 | Divide by the share count = NAV per share |
| 7 | Compare against ₹1,675 (or the current price) = your discount |
| 8 | Judge whether that discount is wider or narrower than the 40–60% Indian norm |
If the discount is materially wider than 60%, that is the opportunity. If narrower than 40%, you are paying up.
Why Holding Companies Trade at Discounts
| Reason | Explanation |
|---|---|
| No direct control | You own the holding company, not the underlying assets — you cannot force a sale or dividend |
| Tax leakage | Dividends flowing from underlying companies to the holding company and then to you can face tax at multiple levels |
| Realisation uncertainty | There is no guarantee value will ever be unlocked |
| Illiquidity | Holding company shares typically trade very thinly |
| Information opacity | Disclosure is often minimal, making valuation difficult |
These are legitimate economic reasons — the discount is not simply market inefficiency. Your return depends on the discount narrowing, which usually requires a corporate event.
Why Some Investors Buy Holding Company Shares
- Discount capture — buying at a wider discount than the eventual realisation discount produces return independent of underlying performance
- Indirect exposure at a lower effective price than buying the underlying companies directly
- Restructuring catalysts — mergers, demergers, listings or schemes of arrangement can collapse the discount rapidly
- Legacy asset value — holding companies that have held securities for decades may carry them at historical cost far below market value
- Diversification in one instrument — a single holding may give exposure to several underlying businesses
- Scarcity — very few shares circulate, and legacy holdings occasionally surface through estates
Risks to Consider — Read Carefully
- ⚠️ You cannot value it without disclosure — and disclosure is limited. This is the dominant risk. Do not invest without obtaining and analysing the investment schedule.
- Discounts can persist indefinitely or widen. There is no market mechanism forcing a holding company to trade at NAV.
- No control, no influence. Minority holders have no say in whether or when value is realised, or on what terms.
- Underlying company risk passes through fully — if the held companies fall in value, your NAV falls proportionately, and you carry that risk without any control.
- Tax leakage at multiple levels on dividends flowing through the structure.
- ⚠️ ROFR and transfer restrictions may apply. Ask Arms Securities specifically about this before buying — a right of first refusal can materially affect your ability to exit.
- Very thin OTC liquidity — both entry and exit can be slow and price-sensitive.
- No IPO, restructuring or liquidation announced — assume an indefinite horizon.
- Physical certificate issues. Legacy holdings may exist as physical certificates requiring transmission and dematerialisation.
How to Proceed
Do not buy on a general description. Call +91-8882245112 and ask us to:
- Confirm the exact entity and CIN
- Provide the latest available annual report and investment schedule
- Identify what underlying holdings the company owns and in what quantity
- Confirm whether any ROFR or transfer restriction applies
- Give you the current OTC price, lot size and availability
We would rather help you make an informed decision than complete a transaction you do not fully understand.
Buying or Selling Digvijay Finlease Shares
To buy: Call +91-8882245112. We will obtain whatever disclosure exists before quoting.
To sell — including inherited holdings and physical certificates: Arms Securities specialises in this. Many holdings in legacy investment companies sit in family estates. We handle authentication, transmission (inheritance transfers), dematerialisation and finding a buyer in what can be a very thin market.
Physical share assistance → | Unquoted shares India →
FAQs
What is the current price of Digvijay Finlease unlisted shares?
A recent reference places Digvijay Finlease around ₹1,675 per share (July 2026), though prices move with OTC demand and liquidity is thin. Call +91-8882245112 for today's confirmed Arms Securities quote and availability.
What is Digvijay Finlease Limited?
It is an investment and holding company — rather than operating a business directly, it holds securities and investments in other companies. Its value derives from those holdings, less a holding-company discount and any liabilities at the company level.
How do I value a holding company share?
Obtain the latest annual report and investment schedule. Value each underlying holding at market price (if quoted) or book value (if unquoted), subtract liabilities at the holding-company level, and divide by the share count to get NAV per share. Compare that against the OTC price. Indian holding-company discounts typically run 40–60% — Equitas Financial Services traded at about a 60% discount and Ujjivan Financial Services at about 40%.
Why do holding companies trade below their asset value?
Because minority holders lack direct control over the underlying assets, value flow can face tax at multiple levels, there is uncertainty about whether or when value will be realised, liquidity is thin, and disclosure is often limited. These are legitimate economic reasons, not simply market inefficiency.
Is there a ROFR on Digvijay Finlease shares?
This must be confirmed for the specific entity. Some group holding companies carry Right of First Refusal clauses that restrict transfers. Ask Arms Securities at +91-8882245112 to verify before you transact — this directly affects your ability to sell later.
Will Digvijay Finlease do an IPO?
No IPO or restructuring has been publicly announced. Investors should assume an indefinite holding horizon with very limited OTC liquidity.
I inherited Digvijay Finlease share certificates. What should I do?
Call +91-8882245112. Arms Securities specialises in physical certificates and legacy holdings — we handle authentication, transmission following inheritance (requiring original certificates, death certificate, succession documents, PAN and bank proof), dematerialisation where possible, and locating a buyer.
Also Read: PNB Finance Unlisted Shares | Camac Commercial Company Unlisted Shares | Inox Leasing & Finance Unlisted Shares
+91-8882245112 | contact@armssecurities.com | www.armssecurities.com
Shareholding Patterns (March 2025)
| Shareholder | No. of Shares | % Holding |
|---|---|---|
| LIC | 2,10,310 | 1.59% |
| United India Insurance | 1,28,485 | 0.97% |
| The Orient Insurance Co. Ltd | 27,930 | 0.21% |
| The New India Assurance Co. | 27,805 | 0.21% |
| National Insurance Co. Ltd | 27,175 | 0.20% |
| Promoters/Public/Others | 1,31,578,295 | 96.82% |
NCLT-driven amalgamation in FY18-19 increased the capital base and consolidated shareholding
Sector
- Industry: Non-Banking Financial Company (NBFC)
- Segment: Investment & Lending, Portfolio Management
Why Arms Securities?
A leader in OTC share advisory, Arms Securities guarantees transparent, secure, and fast trading for Digvijay Finlease unlisted shares, supported by market expertise and regulatory compliance.
Balance Sheet of Digvijay Finlease Unlisted Shares
in ₹ Cr.
| category | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Equity | 13601.52 | 11789.73 | 11696.83 | 10630.37 | 12498.60 |
| Liabilities | 896.58 | 538.70 | 525.00 | 349.43 | 592.55 |
| Total Equity and Liabilities | 14498.11 | 12328.43 | 12221.83 | 10979.80 | 13091.15 |
| Net Fixed Assets | 5.19 | 5.19 | 5.19 | 5.19 | 5.19 |
| Other Non current Assets | 1.00 | 12321.80 | 12214.94 | 18.06 | 0.76 |
| Current Assets | 14491.92 | 1.44 | 1.70 | 10956.55 | 13085.20 |
| Total Assets | 14498.11 | 12328.43 | 12221.83 | 10979.80 | 13091.15 |
Profit and Loss of Digvijay Finlease Unlisted Shares
in ₹ Cr.
| category | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Net Revenue | 54.14 | 61.52 | 45.64 | 58.20 | 6.47 |
| Total Operating Cost | 22.87 | 4.50 | 3.80 | 3.15 | 3.03 |
| Operating Profit (EBITDA) | 31.27 | 57.02 | 41.84 | 55.05 | 3.44 |
| Other Income | 19.50 | 0.02 | 0.15 | 0.59 | 0.01 |
| Depreciation and Amortization Expense | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 |
| Profit Before Interest and Taxes | 50.78 | 57.04 | 41.99 | 55.63 | 3.42 |
| Finance Costs | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax and Exceptional Items Before Tax | 50.76 | 57.04 | 41.99 | 55.63 | 3.42 |
| Profit Before Tax | 50.76 | 57.04 | 41.99 | 55.63 | 3.42 |
| Income Tax | 13.18 | 13.80 | 11.33 | 16.53 | 1.85 |
| Profit for the Period from Continuing Operations | 37.58 | 43.24 | 30.67 | 39.10 | 1.57 |
| Profit for the Period | 37.58 | 43.24 | 30.67 | 39.10 | 1.57 |
Net Sales (in cr.)
Total Income (in cr.)
Operating Profit (in cr.)
Net Profit (in cr.)
Shareholder Funds (in cr.)
Total Assets (in cr.)
Frequently Ask Question