Orbis Financial Unlisted Shares
Orbis Financial Corporation Ltd.
INE155K01013
Incorporation Date: 28-Nov-2005
Listing Status: DRHP Not Filed
About Orbis Financial Unlisted Shares
Overview of Orbis Financial Unlisted Shares
🏢 Company Overview
- Market Standing: Recognized as one of India's top non-bank clearing and custody houses, filling a critical gap between foreign custody giants and large domestic bank-backed custodians.
- SEBI Registrations: Holds multiple licenses from SEBI including Custodian of Securities, Professional Clearing Member (PCM), Depository Participant (DP with NSDL & CDSL), and Registrar & Transfer Agent (RTA).
- GIFTCity Footprint: Operates a wholly owned subsidiary (Orbis Financial Services IFSC Pvt. Ltd.) at GIFT City, Gujarat, providing offshore custody and clearing services to global funds.
⚙️ Business Model & Core Operations
- Custody & Depository Services: Safe-keeping of equity, debt, and derivative instruments; manages post-trade clearing, settlement, corporate actions, and cross-border investment flows for Foreign Portfolio Investors (FPIs), Alternative Investment Funds (AIFs), Portfolio Management Services (PMS), and HNIs.
- Professional Clearing Member (PCM) Services: Acts as a specialized clearing member across stock and derivative exchanges (NSE, BSE, MSEI, MCX) for proprietary trading desks, institutional brokers, and retail brokerages.
- Fund Accounting & Administration: Computes daily Net Asset Values (NAV), tracks portfolio performance, generates regulatory tax filings, and maintains financial books for AIFs, PMS, and offshore feeder funds.
- Trusteeship & RTA Services: Delivered via Orbis Trusteeship Services Private Limited, acting as security trustee, debenture trustee, and fund trustee for structured finance and corporate deals.
👥 Management & Shareholding Structure
- Atul Gupta (Founder & Executive Chairman): Promoted the enterprise and built its core custodial framework; holds a major equity stake (~21.35%).
- Shyamsunder Basudeo Agarwal (Managing Director & CEO): Drives operational expansion, regulatory compliance, risk management, and technological integrations.
- Key Shareholders: Heavily backed by prominent investors and institutional families, including investor Ashish Kacholia (~7.64%), Arpit Khandelwal (~18.11%), Modhulika Agarwal (~7.71%), and Platus Wealth Management.
💼 Service Portfolio
| Service Vertical | Target Clientele | Core Capabilities & Technology |
| Custody & Clearing | FPIs, AIFs, Foreign Direct Investors (FDI), NRIs, Wealth Desks | Trade settlement, asset safekeeping, derivative clearing, FX execution via proprietary OrbisConnect portal. |
| Fund Administration | Category I, II & III AIFs, PMS, Family Offices | NAV calculations, drawdown management, investor onboarding, investor statements & CKYC processing. |
| Depository & RTA | Listed/Unlisted Companies, Corporate Issuers | Demat account processing, share transfers, registry management, IPO subscriber processing. |
| Trusteeship | Corporate Borrowers, AIF Managers, Structured Vehicles | Debenture/security trusteeship, escrow monitoring, regulatory reporting to SEBI/IFSCA. |
📊 Financial Scale & Performance
- Revenue Scale: Consolidated revenue grew to ~₹556–₹560 crore, demonstrating multi-year compounding driven by expanding Assets Under Custody (AUC) and rising daily derivative clearing volumes.
- Profitability: Maintains strong operating leverage with EBITDA margins of ~68% and Net Profit Margins near 36%–37%.
- Capital Base: Net worth stands above ₹450+ crore, providing substantial capital adequacy required by exchange clearing houses and SEBI custodial guidelines.
Insights of Orbis Financial Unlisted Shares
Orbis Financial Corporation Limited – Financial & Strategic Insights
Consolidated Financial Snapshot (FY25 – FY26),All figures are in ₹ Crore (Cr.)
| Financial Metric | FY25 | FY26 | YoY Growth (%) |
Net Revenue | 556.16 | 487.92 | -12.27% |
Total Operating Cost | 180.93 | 116.92 | -35.38% |
EBITDA | 375.23 | 371.00 | -1.13% |
| EBITDA Margin (%) | 67.47% | 76.04% | +857 bps |
Profit Before Tax (PBT) | 274.98 | 284.73 | +3.55% |
Profit After Tax (PAT) | 204.58 | 209.88 | +2.59% |
| PAT Margin (%) | 36.78% | 43.02% | +624 bps |
Key Operational & Financial Insights
- Top-Line Contraction with Structural Margin Expansion: While Orbis experienced a 12.27% YoY decline in consolidated net revenue (falling to ₹487.92 Cr in FY26), the company demonstrated exceptional cost discipline
. Total operating costs were slashed by over 35%, dropping from ₹180.93 Cr to ₹116.92 Cr . - Highly Lucrative Operating Moat: Despite the drop in sales, absolute EBITDA remained virtually flat at ₹371.00 Cr, allowing EBITDA margins to surge by 857 basis points to an impressive 76.04%
. This highlights the highly scalable, asset-light nature of its custody, clearing, and fund administration businesses. - Bottom-Line Resilience: Supported by lower finance costs (down to ₹87.56 Cr) and tight operational control, Profit Before Tax (PBT) actually grew by 3.55% YoY to ₹284.73 Cr
. Total Net Profit (PAT) expanded to ₹209.88 Cr, pushing the PAT margin past 43% . - GIFT City Expansion: A major strategic milestone was achieved by its wholly owned subsidiary, Orbis Financial Services (IFSC) Private Limited, which secured a Finance Company registration from the IFSCA
. This allows Orbis to facilitate cross-border lending and expand its international custody footprint . - Assets Under Custody (AUC) Scale: The company's core custodial business continues to grow, with total Assets Under Custody crossing the ₹1.68 lakh crore mark by the end of FY26.
Key Developments Around the Stock (Unlisted Market)
- Current Valuation & Price Action: As of September 2026, Orbis Financial Corporation is actively trading in the unlisted/pre-IPO market at approximately ₹348 to ₹354 per share.
- Market Capitalization: With an outstanding equity base of 12.54 crore shares, the company commands a strong unlisted market capitalization of around ₹4,400 Crore. The stock is trading at a trailing Price-to-Earnings (P/E) multiple of approximately ~21x.
- Prominent Investor Backing: The company has attracted significant attention in the private markets, notably securing over ₹100 Crore in funding led by marquee investor Ashish Kacholia, which has further validated its business model and bolstered investor confidence in the unlisted space.
- Credit Rating Upgrade: Validating its strong profitability and balance sheet, Orbis recently received a long-term credit rating upgrade from ICRA to "A+ (Stable)", up from "A", which significantly lowers its borrowing costs and enhances its institutional credibility.
Financial Charts of Orbis Financial Unlisted Shares
Balance Sheet of Orbis Financial Unlisted Shares
Profit and Loss of Orbis Financial Unlisted Shares
Ancillary of Orbis Financial Unlisted Shares
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of Orbis Financial Unlisted Shares
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How to buy Orbis Financial Corporation Ltd.?
Below are three ways through which you can purchase Orbis Financial Corporation Ltd.:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy Orbis Financial Corporation Ltd., please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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How to sell Orbis Financial Corporation Ltd.?
Below are three ways through which you can sell Orbis Financial Corporation Ltd.:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell Orbis Financial Corporation Ltd., please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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What is the price of Orbis Financial Corporation Ltd.?
We provide a two way quote on all the shares we deal in. Your buy price for Orbis Financial Corporation Ltd. is ₹335 and your sell price for Orbis Financial Corporation Ltd. is ₹300. The price is based on our estimates and market conditions.
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What is the lock-in period of Orbis Financial Corporation Ltd.?
The lock-in period for Orbis Financial Corporation Ltd. varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of Orbis Financial Corporation Ltd.
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Orbis Financial Corporation Ltd.
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
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How is the Orbis Financial Corporation Ltd. price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Orbis Financial Corporation Ltd.. The price is also determined from the most recent funding round for Orbis Financial Corporation Ltd.. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
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What are the lot sizes of Orbis Financial Corporation Ltd.?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Orbis Financial Corporation Ltd. with us kindly click here.
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What are the financials of Orbis Financial Corporation Ltd.?
The financials of Orbis Financial Corporation Ltd. which includes the P/L of Orbis Financial Corporation Ltd. and the Balance Sheet of Orbis Financial Corporation Ltd. is in the financials section (Click on link).
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Where can I find the annual report of Orbis Financial Corporation Ltd.?
The annual report of Orbis Financial Corporation Ltd. is available in the annual report section (Click on link).
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Is buying Orbis Financial Corporation Ltd. legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
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Short-term Capital Gain taxes to be paid on Orbis Financial Corporation Ltd.?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
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Long-term Capital Gain taxes to be paid on Orbis Financial Corporation Ltd. and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
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Applicability of Taxes on Orbis Financial Corporation Ltd. once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source Orbis Financial Corporation Ltd.?
At Altius Investech, our approach to sourcing Orbis Financial Corporation Ltd. unlisted shares involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Orbis Financial Corporation Ltd. unlisted shares. This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying Orbis Financial Corporation Ltd. from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
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