MIL Industries Unlisted Share Prices

ABOUT MIL INDUSTRIES LIMITED UNLISTED SHARES

MIL INDUSTRIES LIMITED (Formally known as Madras Industrial Lining) is engaged in the manufacture of corrosion and abrasion-resistant linings for chemical, fertilizer, and other process industries. The company was set up in collaboration with Societe Chimique de Gerland, France, and got technical know-how from OHJI Rubber & Chemicals Company, Japan.

MIL Industries owns the largest and most modern rubber lining facility in India. The company has a market share of 40% in the Rubber Lining field. The company was the one to introduce the cold bond rubber lining technique for large-capacity storage tanks.

The company also manufactures a wide range of Plastic Lined Pipes and fittings, PTFE lined Dip Pipes, PTFE Expansion Joints, Thermowells, Spargers, Plain / Corrugated PTFE Hoses, and so on. The company imports its latest technology from M/s. Fluorocarbon Company Ltd., UK.

The company also supplies Air Pollution Control Systems for dust and fumes removal and solvent recovery systems based on carbon adsorption technology.

The client base of MIL Industries Limited has some prominent names like Sterlite Industries (India) Limited, Madras Fertilisers, Hindalco Industries, Grasim Industries, etc.

The equity shares of MIL Industries Limited are listed on the Metropolitan Stock Exchange of India.

INCORPORATION DETAILS MIL INDUSTRIES LIMITED 

(Madras Industrial Limited)

PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

BOARD OF DIRECTORS

Noman H. Millwala (Chairman)

Rajiv Sreedhar (Managing Director)

Saroja Raman

K.J. Janakar

Dr. T. Venkatesan

PARTICULARS OF SUBSIDIARY COMPANIES

 MIL INDUSTRIES LIMITED UNLISTED SHARE DETAILS (as on 2025)

SHAREHOLDING PATTERN (As of 31-03-2024)

FAQ's on MIL Industries

Q: What is the face value of MIL Industries Ltd shares?
Answer: The face value of MIL Industries Ltd is ₹10 per equity share.

Q: How can I buy MIL Industries unlisted shares through WWIPL?
Answer: Investors can complete KYC, confirm the transaction details with WWIPL, transfer funds, and receive the shares directly in their Demat account.

Q: Why should I buy MIL Industries shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless Demat transfers, and dedicated support throughout the investment process.

Q: Is investing in MIL Industries Ltd a good idea?
Answer: Investors often evaluate MIL Industries based on its leadership in rubber lining solutions, specialized industrial products, established customer base, and long-term growth potential in process industries.

Q: Why do investors buy MIL Industries shares before a potential IPO or value-unlocking event?
Answer: Investors seek early exposure to a niche engineering company with the potential to benefit from business expansion, improved profitability, and future liquidity opportunities.

Q: What business does MIL Industries Ltd operate in?
Answer: MIL Industries manufactures corrosion- and abrasion-resistant rubber linings, PTFE-lined pipes and fittings, fluoropolymer products, and air pollution control systems for chemical, fertilizer, mining, and other process industries.

Q: What makes MIL Industries different from other unlisted engineering companies?
Answer: MIL Industries is one of India's leading manufacturers of industrial rubber lining solutions and has decades of expertise in corrosion protection technologies and fluoropolymer products.

Q: What are the key growth drivers for MIL Industries Ltd?
Answer: Growth in the chemical, fertilizer, mining, power, and infrastructure sectors, along with increasing demand for corrosion-resistant equipment and industrial maintenance solutions, are key growth drivers.

Q: What factors affect the valuation of MIL Industries shares?
Answer: Revenue growth, operating margins, order inflows, industrial capex, profitability, and demand from process industries are important valuation drivers.

Q: Are MIL Industries shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account.

Q: Can I sell my MIL Industries shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted shares, subject to market demand and availability.

Q: What documents are required to buy MIL Industries shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report (CMR), and bank account details to complete the transaction.

Q: What are the risks of investing in MIL Industries shares?
Answer: Investors should consider industrial demand cycles, raw material price fluctuations, project execution risks, customer concentration, and liquidity constraints associated with unlisted shares.

Q: How does WWIPL help investors track MIL Industries investments?
Answer: WWIPL provides company updates, transaction assistance, market insights, and investment support to help investors stay informed.

Q: How long does it take for MIL Industries shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account after successful completion and verification of the transaction.

Q: What should investors evaluate before investing in MIL Industries Ltd?
Answer: Investors should assess the company's financial performance, order book, product portfolio, profitability, valuation, and long-term demand outlook before investing.

Q: Can MIL Industries benefit from India's industrial and infrastructure expansion?
Answer: Yes. Rising investments in chemicals, mining, power, and industrial infrastructure are expected to support long-term demand for the company's specialized engineering and corrosion protection solutions.