Balaji Wafers Unlisted Share Price Description – Founded in 1974 and led by visionary entrepreneur Chandubhai Virani and his brothers, Balaji Wafers has rapidly grown from a small home-based canteen venture in Rajkot, Gujarat, to one of India’s most recognized potato chips and namkeen brands. Over the decades, the company has expanded to four major manufacturing plants (across Gujarat and Madhya Pradesh), a distribution backbone spanning more than 2 million retail outlets, and a wide product portfolio. With a strong focus on affordability, quality, and continuous innovation, Balaji Wafers boasts a market share of over 80% in Gujarat and dominates several key northern and western Indian regions.
Significantly, the company is currently in late-stage talks with PE investors to sell up to 10% equity at a staggering INR 40,000 crore valuation, making Balaji the most valuable unlisted snack company in India. International sales, cutting-edge process automation, and relentless distribution expansion fuel both the firm’s profits and the robust demand for its unlisted shares.
Table of Contents
Read Also: Apollo Green Energy Unlisted Share Price
Business Model of Balaji Wafers
Balaji Wafers’ business model combines:
- Mass-scale manufacturing: Fully automated production units for high-volume chips and namkeen, enabling cost leadership.
- Price-conscious segmentation: Offering products at distinctly lower price points than multinationals, increasing mass appeal and volume.
- Broad distribution: Deep-rooted network in Tier 2/3 towns as well as cities, with dedicated distributors exceeding 1,000 for granular market reach.
- Product Innovation: Continuous roll-out of new flavors, healthier alternatives, and locally relevant snacks.
- Export ambition: Entering global markets, including the USA, UK, UAE, Australia, and expanding presence in overseas Indian communities.
Product Portfolio of Balaji Wafers
- Potato chips: Masala, Salted, Tomato, Cream & Onion, etc.
- Namkeen: Sev, Bhujia, Mixtures, Chiwda, Gathiya, Papdi, and more
- Western snacks: Extruded puffs, rings, wheels, sticks, etc.
- Specialty snacks: Banana chips, khakhra
- New launches: Gourmet and healthier baked snacks
- International SKUs: Export-ready packs/Flavors for global Indian diaspora
Read Also: PharmEasy Unlisted Share Price
Key Highlights – FY 2024 – 25
- Balaji Wafers is set to sell a 10% stake at a INR 40,000 crore valuation, signalling robust growth and investor faith.
- Employs over 6,000 people, processes more than 1,000 quintals of potatoes and 5,000 quintals of namkeen per day.
- FY 2025 revenue exceeded INR 6,180 crore, with record-setting profit after tax of nearly INR 645 crore (11% YoY PAT growth).
- Market share in potato chips – 65% in western India, more than 80% in Gujarat, 13.7% PAN-India in the organized segment.
- Export footprint across 35+ countries with increasing sales to UK, US, and ME.
- Backed by an efficient, automated supply chain and quality control systems.
- Haldiram’s recent USD 10B stake sale has re-rated sector valuations, boosting Balaji’s prominence.
Read Also: Biggest Unlisted Companies in India
Balaji Wafers Board of Directors
- Chandubhai Virani, Managing Director
- Bhikhubhai Virani, Co-founder/Director
- Kanjibhai Virani, Co-founder/Director
Balaji Wafers Share Price Details
| Name | Balaji Wafers Unlisted Share Price Details |
| Face Value | INR 10 per share |
| ISIN Code | – |
| Lot Size | 100 shares |
| Demat Status | NSDL, CDSL |
| Share Price of Balaji Wafers | INR 6,800 – 7,250 per share |
| Market Cap | INR 40,000 crores |
| Total number of shares | 5,80,00,000 shares |
| Website | www.balajiwafers.com |
Balaji Wafers Unlisted Share – Shareholding Pattern
The details of shareholders’ holding of equity shares:
| Shareholder Name | % to Holding | No. of shares |
| Virani Family (Promoters) | 100 | 5,80,00,000 |
Read Also: TATA Technologies Unlisted Share Price
Balaji Wafers Unlisted Share Price – Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 5,012 | 5,574 | 6,180 |
| Revenue Growth (%) | 19.33 | 11.21 | 10.87 |
| Net Profit | 409 | 579 | 645 |
| Margin (%) | 8.16 | 10.4 | 10.5 |
| EBITDA Margin (%) | – | 14.1 | 16.0 |
| Assets | 2,085 | 2,624 | 2,900 |
| Net Worth | 1,819 | 2,415 | 2,900 |
Balaji Wafers Unlisted Share Price – Peer Comparison
| Company | PE ratio | EPS | RONW (%) | Revenue (Cr.) | Revenue (Cr.) |
| Balaji Wafers | 64 | 99.8 | 22.4 | 6,180 | 40,000 |
| Haldiram’s | 86 | – | – | 9,000 | 83,000 |
| Bikaji Foods | 78 | 14.2 | 17.1 | 2,317 | 20,053 |
| Prataap Snacks | 53 | 9.5 | 12.4 | 1,877 | 2,379 |
Read Also: Orbis Financial Unlisted Share Price
Balaji Wafers Unlisted Share Price FAQs
Is it safe to purchase unlisted shares in India?
While there are risks associated with unlisted shares, purchases made from credible brokers and after conducting due diligence considerably lower these risks.
What is Balaji Wafers unlisted share price?
Balaji Wafers share price today is INR 6,800 – 7,250 per share. Shares are purchased in lots of 100 shares.
Who determines the Balaji Wafers unlisted share price?
Balaji Wafers share price is determined by various factors including recent transaction price, supply and demand, valuation in the latest funding round, profitability, and return ratios.
When is Balaji Wafers IPO planned?
Current guidance per public reports indicates a possible IPO is 5–6 years away (around 2030), post completion of the PE stake sale and ongoing professionalization efforts.
Sir ham bhi Balajiwafers ke kuchh seyar lena chahate hai…..
You can share your contact details, we will provide you a best price.
Wants to bye Balaji Wafers share
Can you please provide you contact details, we can provide you a best price of balaji wafers?