Ahmedabad Stock Exchange Unlisted Share Price Today
ISIN INE356I01029.
ASEL Financial Services (formerly Ahmedabad Stock Exchange) operates as a holding company in the financial services space, overseeing and supporting its group entities engaged in capital market and related activities. The company’s primary role is to provide strategic direction, capital allocation, and infrastructure support to its subsidiaries, including operations across equity, derivatives, and commodity segments through entities like ACML Capital Markets Limited. Its income profile is lar…
Ahmedabad Stock Exchange
Ahmedabad Stock Exchange Unlisted Share Price Today
ASEL Financial Services (formerly Ahmedabad Stock Exchange) operates as a holding company in the financial services space, overseeing and supporting its group entities engaged in capital market and related activities. The company’s primary role is to provide strategic direction, capital allocation, and infrastructure support to its subsidiaries, including operations across equity, derivatives, and commodity segments through entities like ACML Capital Markets Limited. Its income profile is largely driven by interest income, financial services, and treasury-related earnings, reflecting a shift away from its legacy exchange business.
ASEL follows a balance sheet-driven, capital allocation model, with a significant portion of assets deployed in short-term loans, advances, and liquid financial instruments. The company is in the process of transitioning into an NBFC-focused structure, emphasizing efficient deployment of capital, liquidity management, and scalable financial income streams. As a holding entity, its performance is closely linked to subsidiary operations, capital market activity, investment income, and regulatory developments, making prudent asset management and group-level strategy critical.
Headquartered in Ahmedabad, ASEL continues to leverage its legacy ecosystem while repositioning itself as a financial holding platform, aiming to expand into lending and broader financial services through its subsidiaries and future initiatives.
PAT dropped sharply to ₹0.78 Cr in FY24 before rebounding to ₹6.35 Cr in FY25, indicating inconsistent profitability.
EBIT margins remain unusually high (>100% in earlier years), suggesting reliance on non-operating income.
Revenue from operations grew sharply, with 110.5% growth in FY24 and 23.0% in FY25.
Income Statement
Key Managerial Personnel
As of FY26Mr. Rameshchandra N. Chokshi serves as a Director at ASEL Financial Services, contributing to the company’s strategic direction and governance. He has been associated with the organization since its legacy exchange phase, bringing experience in financial services and capital market operations.
Mr. Vipul Patel is the CFO of ASEL Financial Services, responsible for financial planning and reporting. He supports the company’s transition to a financial services–focused model.
