| Market Cap (cr): | ₹4,300 Crore (October 2025) | Book Value: | ₹405 |
|---|---|---|---|
| Lot Size: | 100 shares | 52 Week High: | ₹1,349 |
| 52 Week Low: | ₹200 | EPS: | ₹50.8 |
| Demat Account: | PB: | 3.16 | |
| Face Value: | ₹2 | Debt To Equity: | 0.68 |
| No Of Shares: | Approx. 10.6 Crores | Url: | https://www.goodluckindia.com/ |
Overview :
Goodluck Defence — Entity Summary
| Full legal name | Goodluck Defence and Aerospace Limited (GDAL) |
| Incorporated | 31 August 2023 |
| Parent | Goodluck India Limited (LISTED) — 81.47% holding |
| ISIN | INE0S7401019 |
| Face value / Lot | ₹10 / 100–500 shares |
| Estimated market cap | ~₹1,463 crore |
| Key licence | Industrial Licence under Indian Arms Act, 1959 — all 5 calibres (105–155 mm) |
| Capex deployed | ~₹212 crore |
| Listing status | Unlisted (parent is listed) |
| Where to buy or sell | Arms Securities — +91-8882245112 |
Quick Answers
Is Goodluck India the same as Goodluck Defence?
No — this is the single most important clarification. Goodluck India Limited is already LISTED on NSE and BSE and can be bought through any regular broker. Goodluck Defence and Aerospace Ltd (GDAL) is the unlisted subsidiary, 81.47% owned by Goodluck India, and this is the share traded in the pre-IPO/OTC market. Call +91-8882245112 and we will confirm exactly which entity you are transacting in.
Can I buy Goodluck Defence unlisted shares?
Yes. GDAL shares trade in the OTC market with lot sizes of 100–500 shares and minimum investment typically ₹20,000–₹47,000. Shares settle into your existing NSDL or CDSL demat account within 24–48 hours. Call +91-8882245112.
Can I sell my Goodluck Defence shares?
Yes. Arms Securities buys GDAL shares in demat form and as physical certificates. Payment by NEFT/RTGS within 24 hours of share receipt. Call +91-8882245112 for a firm bid.
Why the Arms Act Licence Is the Real Asset
An Industrial Licence to manufacture artillery ammunition under the Arms Act, 1959 is extraordinarily difficult to obtain. It requires security clearance, facility inspection, and Ministry of Defence / DPIIT approval.
Very few private Indian companies hold one across all five calibres from 105 mm to 155 mm. This is a regulatory barrier competitors cannot simply outspend — no amount of capital shortens the approval process.
What GDAL manufactures
| Vertical | Products |
|---|---|
| Artillery Ammunition | 155 mm artillery shells and related munitions, including high explosive (HE) and precision-guided munition variants |
| Aerospace Forgings | Precision forged components for aerospace and defence platforms |
The company’s stated object is forging, machining, heat treatment and coating of steel, stainless steel, special steel and alloys.
The Parent Company Advantage — The Real Story
Goodluck India Limited brings 39 years of engineering manufacturing history and, critically, pre-existing supply relationships with:
DRDO • HAL (Hindustan Aeronautics) • ISRO • BrahMos Aerospace • L&T Defence • Godrej Aerospace • Ordnance Factory Board (OFB)
For a company incorporated in August 2023, inheriting this customer list, quality certifications and domain knowledge is worth years of business development. Defence procurement rewards vendors who are already qualified — new entrants typically spend 3–5 years just getting approved.
Operating position
| Indicator | Detail |
|---|---|
| Capital raised | ₹136.50 Cr preferential issue (Dec 2023) — 91,00,000 shares at ₹150 each |
| Capex deployed | ~₹212 crore |
| Order visibility | 8 months of firm orders + 2-year Letters of Intent |
| Expected EBITDA margin — shells | 30–35% |
| Expected EBITDA margin — aerospace forgings | 28–32% |
Your valuation anchor: the ₹150 per share preferential price of December 2023 is a real, arm’s-length transaction. Compare today’s offer against that, not against sentiment-driven quotes.
What To Verify Before You Buy
GDAL was incorporated on 31 August 2023. There is no meaningful 3–4 year P&L history to analyse — the company has not existed that long.
What you are actually buying: the Arms Act licence, ₹212 crore of already-deployed capex, the parent’s customer relationships, and order visibility.
Ask Arms Securities for: 1. Latest available revenue and PAT — has commercial production scaled? 2. Current order book beyond the 8-month firm orders 3. Whether the 30–35% margin guidance has been demonstrated at scale 4. Working capital position — defence payment cycles are long 5. Any change to the 81.47% parent shareholding
An honest alternative worth weighing: Goodluck India Ltd is listed and holds 81.47% of GDAL. Investors wanting exposure with full liquidity and disclosure could consider the listed parent. We will tell you which suits you better.
Frequently Asked Questions — Goodluck Defence Unlisted Shares
What is the current price of Goodluck Defence unlisted shares?
Prices move daily with OTC demand and defence-sector news flow. For today’s confirmed Arms Securities quote and available quantity, call/WhatsApp +91-8882245112.
What is the minimum investment?
Typically ₹20,000 to ₹47,000 depending on prevailing price and lot size (100–500 shares). Confirm current terms with +91-8882245112.
Is Goodluck Defence profitable?
The company was incorporated on 31 August 2023 and is in an early operating phase — it does not yet have a multi-year profit track record. Management guidance indicates expected EBITDA margins of 30–35% on artillery shells and 28–32% on aerospace forgings, with ₹212 crore of capex deployed and firm orders in hand. Treat these as projections until demonstrated at scale.
Will Goodluck Defence do an IPO?
No DRHP has been filed and no IPO has been announced. Assume a multi-year holding horizon with OTC-market liquidity only.
Why is India’s artillery indigenisation important here?
155 mm ammunition is a stated import-substitution priority for the Ministry of Defence, and domestic capacity is being actively expanded. GDAL’s licence covers exactly this category.
Can I sell Goodluck Defence shares I bought earlier?
Yes. Arms Securities buys GDAL shares. Call +91-8882245112 with your quantity and holding format for a firm bid.
How to Buy Goodluck Defence Unlisted Shares — Complete Process
Buying Goodluck Defence unlisted shares takes 24–48 hours from first call to shares landing in your demat account. Arms Securities has executed off-market transfers since 1990 — we are among the founder members of India’s unquoted stock market.
Step 1 — Get today’s live buy price
Call or WhatsApp +91-8882245112 or email contact@armssecurities.com with the company name (Goodluck Defence) and the quantity or investment amount you have in mind. We reply with today’s confirmed buy price, the available quantity and the minimum lot size.
Unlisted share prices are not exchange-quoted — they move with OTC supply and demand — so a live quote matters more than any published figure.
Step 2 — Confirm the deal terms
We lock in the price per share, total quantity and consideration, settlement timeline (typically T+1 to T+2) and applicable stamp duty (0.015% on off-market transfers). Nothing moves until you confirm in writing on WhatsApp or email.
Step 3 — Share your demat details
Send us your Client Master Report (CMR) — a one-page PDF you can download from your broker’s app or request from your Depository Participant.
| Field | Why we need it |
|---|---|
| DP ID | Identifies your depository participant |
| Client ID | Identifies your specific account |
| Beneficiary name | Must match your PAN exactly |
| Depository | NSDL or CDSL |
| PAN | Statutory requirement |
You do not need a special account. Goodluck Defence shares are credited to your existing NSDL or CDSL demat account — the same one you use for listed shares.
Step 4 — Transfer payment
Pay by NEFT, RTGS or IMPS to Arms Securities’ verified bank account. We share full account details in writing along with the deal confirmation.
Never pay to an account shared verbally or by an unverified number. Always confirm bank details directly on our official line: +91-8882245112.
Step 5 — Receive shares in your demat account
We initiate the off-market transfer through NSDL or CDSL. Shares are credited typically within 24–48 hours of payment confirmation. You receive SMS and email from the depository, and the holding appears in your regular demat statement alongside your listed shares.
Documents required to buy Goodluck Defence unlisted shares
| Document | Format | Notes |
|---|---|---|
| PAN Card | Scan or photo | Mandatory for all securities transactions |
| Client Master Report (CMR) | PDF from your DP | Contains DP ID, Client ID and beneficiary details |
| Aadhaar / Address Proof | Scan or photo | For KYC |
| Cancelled Cheque | Scan or photo | Bank account verification |
| Payment Confirmation | UTR / screenshot | After NEFT/RTGS transfer |
Everything can be submitted digitally on WhatsApp or by email. No physical paperwork, no courier, no branch visit.
Minimum investment in Goodluck Defence unlisted shares
Minimum investment is determined by the prevailing price per share and the minimum lot size available at that moment. Both change.
Call +91-8882245112 for today’s exact minimum. For larger allocations — bulk purchases above ₹10 lakh — we offer preferential pricing and dedicated execution. See our bulk unlisted share transactions service.
Is it legal and safe to buy Goodluck Defence unlisted shares?
Yes — trading in unlisted shares is completely legal in India.
| Safeguard | How it works |
|---|---|
| Official depository system | Every transfer runs through NSDL or CDSL — the same infrastructure that settles listed shares |
| Your own demat account | Shares are credited directly to your account in your name. Nothing is held on your behalf by us |
| Audit trail | The depository generates an electronic record of every transfer |
| Stamp duty compliance | 0.015% collected by the depository under the Indian Stamp Act 2019 |
| PAN-linked | All holdings are reported against your PAN for tax purposes |
One caution SEBI has issued and we repeat: SEBI has warned investors against unauthorised electronic platforms offering unlisted securities. Deal only with established intermediaries who settle through the depository system and who you can speak to on a phone number.
Arms Securities has operated since 1990 — 35+ years, 2,300+ HNI clients, presence across 15+ states.
Buy Goodluck Defence shares now — call/WhatsApp +91-8882245112
Related: buy unlisted shares in India • off-market share transfer • our transfer procedure • how to buy unlisted shares — step-by-step
Sell Your Goodluck Defence Unlisted Shares — We Buy
Arms Securities buys Goodluck Defence unlisted shares. If you hold them and want to exit, we provide a firm bid, handle the entire transfer, and pay by NEFT/RTGS within 24 hours of receiving the shares.
We buy in every format
| You hold | How we handle it |
|---|---|
| Demat shares | Standard off-market transfer via DIS — fastest route |
| Physical share certificates | Authentication, valuation, transfer deed or dematerialisation |
| Inherited shares | Full transmission support — name transfer from the deceased holder |
| Bulk blocks | Large quantities executed discreetly with preferential pricing |
| NRI holdings | FEMA-compliant documentation and repatriation guidance |
Why sellers come to Arms Securities
Most brokers cannot help you. Your regular stockbroker can only trade listed shares on the exchange. Unlisted shares have no exchange — you need a dealer with an actual buyer network.
We have been that dealer since 1990. We are among the founder members of India’s unquoted stock market, we deal in physical certificates that most modern platforms refuse to touch, and we maintain a standing book of HNI and institutional buyers across 15+ states.
How to sell Goodluck Defence shares — step by step
Step 1 — Tell us what you hold. Call/WhatsApp +91-8882245112 with the company name, quantity, and whether your shares are in demat or physical form.
Step 2 — Receive our bid. We quote a firm buy price based on current OTC demand. No obligation.
Step 3 — Submit documents.
For demat holdings: Demat account statement / Client Master Report • PAN card copy • Cancelled cheque • Delivery Instruction Slip (DIS)
For physical certificates: Original share certificates • PAN card copy • Address proof • Cancelled cheque • Transfer deed (Form SH-4) • If inherited: death certificate, succession certificate or legal heir documents
Step 4 — Transfer the shares.
Demat: Submit a DIS to your DP transferring shares to Arms Securities — A/C 11323830, DP ID IN302365, DP: Shri Parasram Holdings Pvt. Ltd. You can also execute online via CDSL Easiest or NSDL Speed-e.
Physical: Courier the certificates with signed transfer deed. We guide you through the exact process.
Step 5 — Receive payment. On confirmation of share receipt, we release payment by NEFT or RTGS — typically within 24 hours.
Selling inherited or old Goodluck Defence share certificates
This is our specialism, and very few dealers in India offer it.
If you have found old Goodluck Defence share certificates among family papers — perhaps belonging to a parent or grandparent — you likely have a valid, transferable asset.
- Do not discard them. Old certificates frequently retain real value.
- Photograph them and send to +91-8882245112. We verify authenticity and current status at no cost.
- We check the company’s position — active, merged, renamed, delisted or dissolved — and tell you honestly what your holding represents today.
- If the shares have value, we quote and buy. If not, we explain the position and the capital-loss tax set-off available to you.
Documents typically required for inherited holdings: original certificates, death certificate, succession certificate or legal heir certificate, PAN of the heir, address proof, cancelled cheque.
Full physical share certificate guide →
Tax when you sell Goodluck Defence unlisted shares
| Holding Period | Classification | Tax Rate |
|---|---|---|
| More than 24 months | Long-Term Capital Gain (LTCG) | 20% with indexation benefit |
| 24 months or less | Short-Term Capital Gain (STCG) | Your applicable income slab rate |
Key points:
- No STT (Securities Transaction Tax) applies to unlisted share transactions
- Stamp duty of 0.015% applies on off-market transfers, collected by the depository
- For inherited shares, the holding period includes the original owner’s holding period — often making gains long-term automatically
- For NRIs, TDS provisions apply; we guide on documentation
If the shares later list, the post-listing tax treatment changes to listed-share rules (12-month LTCG threshold), with the holding period counted from your original purchase date.
Complete tax guide on unlisted shares • Capital gains tax on unlisted shares
Consult a Chartered Accountant for your specific situation.
Sell your Goodluck Defence shares — call/WhatsApp +91-8882245112 for a firm bid
Related: sell unlisted shares in India • physical & demat share assistance • off-market share transfer
Why Buy and Sell Goodluck Defence Shares Through Arms Securities?
| Arms Securities | Typical online platform | |
|---|---|---|
| Years in business | 35+ years (since 1990) | 3–8 years |
| Market standing | Founder member of India’s unquoted stock market | Recent entrant |
| Physical certificates | ✅ Full handling — authentication, transmission, demat | ❌ Usually refused |
| Delisted / suspended shares | ✅ Specialism | ❌ Not offered |
| Inheritance / transmission | ✅ Complete support | ❌ Not offered |
| We buy as well as sell | ✅ Two-way market | Often buy-side only |
| Direct phone access | ✅ Speak to a dealer | Ticket systems |
| HNI clients served | 2,300+ | — |
| Geographic reach | 15+ states | — |
Our pre-IPO track record
Arms Securities identified and supplied pre-IPO shares in companies that became genuine multibaggers for our clients:
DLF • D-Mart (Avenue Supermarts) • Nazara Technologies • LUX Industries • ISGEC Heavy Engineering • L&T Infotech (now LTIMindtree)
The full 35-year Arms Securities story • Arms Securities vs UnlistedZone • ⭐ Client success stories
Contact Arms Securities
+91-8882245112 (Call/WhatsApp) • +91-9899131155 • +91-11-47000023
contact@armssecurities.com • www.armssecurities.com
Mon–Fri 9:30–18:00 • Sat 10:00–14:00
More: Full unlisted share price list • Unlisted shares FAQ • Contact us • Our services
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Balance Sheet of Goodluck Defence Unlisted Shares
in ₹ Cr.
| category | FY25 | FY24 |
|---|---|---|
| Equity | 174.02 | 170.15 |
| Liabilities | 152.23 | 0.64 |
| Total Equity and Liabilities | 326.25 | 170.79 |
| Net Fixed Assets | 16.66 | 16.66 |
| Capital Work-in-progress | 211.79 | 3.64 |
| Other Non current Assets | 0.84 | 0.03 |
| Current Assets | 96.96 | 150.46 |
| Total Assets | 326.25 | 170.79 |
Profit and Loss of Goodluck Defence Unlisted Shares
in ₹ Cr.
| category | FY25 | FY24 |
|---|---|---|
| Total Operating Cost | 0.01 | 0.43 |
| Operating Profit (EBITDA) | -0.01 | -0.43 |
| Other Income | 6.99 | 3.04 |
| Profit Before Interest and Taxes | 6.97 | 2.61 |
| Finance Costs | 1.72 | 0.00 |
| Profit Before Tax and Exceptional Items Before Tax | 5.25 | 2.61 |
| Profit Before Tax | 5.25 | 2.61 |
| Income Tax | 1.38 | 0.76 |
| Profit for the Period from Continuing Operations | 3.88 | 1.84 |
| Profit for the Period | 3.88 | 1.84 |
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
Have Your Any Question?
Register with Arms Securities and complete your KYC for secure purchase on our platform.
Initiate your sell request through Arms Securities and complete share transfer via DEMAT using DIS.
Typically, no lock-in period; verify terms with respective company or issue.
Only via authorized brokers like Arms Securities for genuine transactions.
DIS is a delivery instruction slip used to transfer shares from one Demat account to another, with expert assistance from Arms Securities.
Yes, transactions through SEBI-registered brokers like Arms Securities follow legal norms.
Gains on shares held less than 12 months are taxed per income slab rates.
SEBI regulates brokers and market conduct; actual pricing is market-driven.
We procure shares from verified promoters, employees, and institutional sellers ensuring authenticity.
Subscribe to Arms Securities for real-time alerts on share prices, news, and corporate developments.