Kannur International Airport Limited Unlisted Shares

Key Takeaways

• Kannur International Airport Limited (KIAL) operates Kerala's second greenfield airport — the state's 4th international airport, commercially operational since 9 December 2018.
• KIAL is a public-private partnership promoted by the Government of Kerala, with government entities holding ~39%, Airports Authority of India ~7.5%, and a broad base of banks, cooperatives, NRIs, and individuals holding the rest.
• The airport spans ~2,300 acres with capacity for 1,800 passengers/hour, primarily serving Kerala's large NRI population across Kannur, Wayanad, and Kasargod districts.
• Phase I expansion (through 2025-26) includes a 4,000-metre runway extension, full-length taxiway, fuel farm, cargo terminal, and aviation academy.
• Arms Securities provides live buy/sell prices for KIAL unlisted shares with safe demat/physical settlement.

Kannur International Airport (KIAL) unlisted shares offer investors a stake in Kerala's aviation infrastructure — an operational international airport serving one of India's most travel-intensive NRI corridors. KIAL shares trade in the OTC market and are held by thousands of individual shareholders, many of whom are NRIs and Kerala residents who subscribed during the airport's capital raises.

Arms Securities both buys and sells KIAL shares — if you are a shareholder looking to exit, or an investor seeking entry, we provide transparent OTC pricing.

Check today's KIAL share price →

Call/WhatsApp: +91-8882245112 |  contact@armssecurities.com

Company Overview: About Kannur International Airport Limited

The KIAL Story

KIAL was set up by the Government of Kerala in December 2009 to build, own, and operate a greenfield international airport at Kannur — making Kerala the only Indian state with four international airports (Thiruvananthapuram, Kochi, Calicut, Kannur).

The airport's rationale is demographic: North Kerala has one of India's highest concentrations of Gulf-based NRIs, who previously travelled hours to Calicut or Mangalore airports. Kannur airport brought international connectivity — particularly Middle East routes — to their doorstep.

Shareholding Structure

This broad shareholder base — thousands of individual and institutional holders — is precisely what creates the active OTC market in KIAL shares.

Expansion Roadmap: The Growth Case

Phase I (2016-17 to 2025-26):

• Runway extension to 4,000 metres — enabling wide-body, long-haul aircraft
• Full-length parallel taxiway
• Fuel farm commissioning
• Aviation academy
• Cargo terminal and cargo complex (advanced from Phase II) — under construction
• City-side facility development

Phase II (2026-27 onwards): Further capacity and infrastructure additions as traffic grows.

A 4,000m runway is strategically significant — it puts Kannur in the small club of Indian airports capable of handling the largest commercial aircraft, opening potential for direct long-haul routes and cargo freighters.

Why Consider KIAL Unlisted Shares?

1. Operational infrastructure asset — unlike pre-revenue ventures, KIAL is a functioning international airport with established airline operations and passenger traffic.
2. Monopoly catchment — the nearest competing international airports are hours away; North Kerala's NRI travel demand is structural and recurring.
3. Cargo optionality — the under-construction cargo complex targets North Kerala's agricultural and seafood export economy.
4. Government backing — Kerala Government promotion provides institutional support for expansion funding and route development.
5. Airport-sector re-rating — Indian airport assets have attracted premium valuations from global infrastructure investors; every operating airport benefits from this scarcity value.

Risks to Consider — Read Carefully

1. Profitability is still maturing. New airports typically take years to cover heavy depreciation and interest costs. Investors should review KIAL's latest financial statements before committing.
2. Governance scrutiny. KIAL has faced shareholder-association demands for enquiries into alleged financial irregularities. Verify the current status of any such proceedings before investing.
3. No IPO on the horizon. KIAL has not announced listing plans; this is an indefinite-horizon holding whose liquidity depends entirely on the OTC market.
4. Traffic concentration in Gulf routes exposes the airport to Middle East policy shifts (visa regimes, labour policies) and airline decisions.
5. Dividend uncertainty. Unlike mature airports, KIAL's payouts depend on reaching sustained profitability after expansion capex.
6. Physical shareholding common. Many original KIAL shareholders hold physical certificates — Arms Securities specialises in physical share transactions and can assist with sale or dematerialisation.

Selling Your KIAL Shares? Arms Securities Buys Them

Thousands of Kerala families and NRIs subscribed to KIAL shares during its capital raises. If you hold KIAL shares — demat or physical certificates — and want to exit:

1. Call/WhatsApp +91-8882245112 with your quantity and holding format
2. Receive a current OTC bid price
3. Submit documents (Demat statement or physical certificates, PAN, cancelled cheque)
4. Transfer shares via DIS (demat) or transfer deed (physical)
5. Receive payment via NEFT/RTGS within 24 hours of share receipt

Arms Securities is one of India's very few dealers handling physical share certificates — a critical service for original KIAL allottees.

How to sell shares → | Physical share assistance →

FAQs — Kannur International Airport Unlisted Shares

What is the current price of KIAL unlisted shares?

KIAL unlisted share prices are set by OTC supply and demand and change with market conditions. For today's confirmed buy/sell quote from Arms Securities, call/WhatsApp +91-8882245112 or email contact@armssecurities.com.

I hold physical KIAL share certificates. Can I sell them?

Yes. Arms Securities specialises in physical share certificate transactions. We authenticate your certificates, quote a current price, and execute the transfer via transfer deed or assist with dematerialisation first. Original allottees, inheritors, and NRI holders are all served.

Will Kannur Airport shares be listed on the stock exchange?

No IPO or listing has been announced by KIAL. The shares trade only in the OTC market, and any investment should be made with an indefinite holding horizon in mind.

Who owns Kannur International Airport?

KIAL is a public-private partnership: the Government of Kerala and government entities hold approximately 39%, the Airports Authority of India ~7.5%, and the balance is held by qualified institutions, banks, cooperatives, companies, and thousands of individual shareholders including NRIs.

Is KIAL profitable?

As a relatively young airport (operational since December 2018) undergoing major Phase I expansion, KIAL's profitability is still maturing against depreciation and interest costs. Review the company's latest annual report — and note ongoing shareholder-level governance queries — before investing. Arms Securities can share available financial information on request.

How is the sale of KIAL shares taxed?

As unlisted shares: gains on holdings above 24 months are LTCG taxed at 20% with indexation; 24 months or less is STCG at your slab rate. For inherited shares, the holding period includes the original owner's period. See our tax guide.

Also Read: Cochin International Airport (CIAL) Unlisted Shares | Physical Share Assistance | Tax on Unlisted Shares

Disclaimer: Informational purposes only; not investment advice. Verify current financials and any pending proceedings before investing. Consult a SEBI-registered advisor.

+91-8882245112 | contact@armssecurities.com | www.armssecurities.com