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Apollo Fashion International Unlisted Shares, Price, Statistics

Apollo Fashion International Limited has been one of the most talked about names in India’s unlisted shares market in the last 2 years.

17 September 20267 min readUpdated 17 September 2026
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Apollo Fashion International Unlisted Shares, Price, Statistics

The company has now entered the export of premium leather goods, footwear and outer wear under the leadership of Raaja Kanwar and the Apollo Group. Apollo Fashion Unlisted Shares are of interest mainly to pre IPO investors as Apollo Fashion is not listed on NSE or BSE and its price is tracked through unlisted share dealers and over the counter platforms.

In this article we explore the history, ownership and financials and changes in Apollo Fashion Unlisted Share Price using the filings available in the public domain and the unlisted market platform.

Company Overview

Detail

Information

Company Name

Apollo Fashion International Limited

Incorporation Date

6 September 2023

CIN

U46411DL2023PLC419636

ISIN

INE0RYY01014

Registered Office

New Delhi, India

Face Value

₹10 per share

Sector

Leather goods, footwear, fashion exports

DRHP Status

Not filed (no IPO date announced)

Apollo Fashion International was a subsidiary of Apollo Green Energy Limited which formed a part of the larger Apollo International Group. The fashion business of leather footwear, bags, belts and outerwear, mainly produced for export to international brands, was transferred into this company under a Business Transfer Agreement (BTA) dated 9 July 2024 and effective from 1 June 2024. The financial statements of the company present the operations of the fashion division on a retroactive basis from the date of incorporation as it was accounted for as common-control business combination under Ind AS 103.

Shareholding Pattern

Approximate Percentages of Shares Held by Shareholders

Shareholder

Approximate Holding

Apollo Green Energy Limited

37.5%

RK Eternova Private Limited (formerly Amit Dyechem Pvt Ltd)

21.2%

Kanwar Family Administrative Services Pvt Ltd

8.7%

Raaja Kanwar

5.2%

Kamayani Singh Kanwar

4.0%

Other shareholders

~21.4%

Apollo Fashion stock price

Apollo Fashion International is not a listed company and there is no single official exchange rate as a number of unlisted share dealers and over-the-counter platforms quote the Apollo Fashion Unlisted Share Price Today based on their own stock and demand-supply calculations. So you’re going to see some variation across platforms. Some recent quotes from various platforms:

Platform / Date Referenced

Indicative Price (₹/share)

December 2025/ Early 2026

~₹48–₹52

Mid-2026

₹43–₹48

52-week high (various sources)

₹85–111

52-week low (various sources)

₹47–49

Key thing: Apollo Fashion’s latest share price has been in a wide range of ₹47-₹57 through late 2025 and into 2026, well away from previous highs above ₹90-100. There is no live order book setting the prices, rather market makers do, so if you are looking at the Apollo Fashion Unlisted Share Price for a real transaction you should always check the live buy/sell quote directly with a registered unlisted shares dealer.

Key financial points

The figures should be viewed in the light of Apollo Fashion International's first full year of independent reporting after the demerger.

Metric

FY 2024-25

Revenue

₹182.44 crore

Net Profit

₹13.07 crore

Total Debt

~₹66 crore

Related-party (parent) sales

~46% of revenue

Paid-up Equity Capital

~₹29.8 crore

As standalone historicals are increasingly ring-fenced from the parent firm, the basic ratios reported by unlisted-market platforms vary by date and data provider:

Ratio

Range Reported

Market Cap

₹111 crore and ₹143 crore

EPS

₹4.39

P/E Ratio

~5.8 – 12.8

Book Value per Share

₹8 – ₹82

P/B Ratio

2.64 -  2.88.

Apollo Fashion International has a stand-alone financial history only from FY2024 onward due to the demerger and some platforms are still reconciling equity capital, reserves and per shares in different manner. Many platforms state explicitly that “standalone financials are limited,” and recommend investors perform their own independent research.

Apollo Fashion International (pre-IPO & unlisted shares)

Are Apollo Fashion Pre-IPO Shares and Apollo Fashion International Unlisted Shares different? In a generic sense, the term “pre-IPO shares” in the Indian unlisted market denotes the shares of unlisted companies which are purchased by investors with an expectation that the companies will get listed in future. But it is worth noting that:
• Apollo Fashion International has not filed any DRHP (Draft Red Herring Prospectus) with SEBI as on latest available information. The company has not given any official timeline for the IPO.

• Buying “pre-IPO” shares here means buying ordinary unlisted stock with no fixed listing date. “Pre-IPO” is a market expectation, not a fact.

How to Purchase Apollo Fashion Stock Not Listed

These shares are not listed on NSE or BSE & then off market deals are carried out through:

1. Unlisted shares market makers and brokers who make two-way (buy/sell) quotes and hold inventory.

2. Unlisted share platforms are online exchanges where buyers and sellers interact and settle the shares through CDSL/NSDL demat transfer.

3. Private / negotiated agreements: These are agreements between existing shareholders and purchasers, usually through a registered middleman to ensure compliance.

If you are an investor seeking an unlisted share company in Noida or elsewhere in the Delhi-NCR region, you would typically start by contacting a SEBI compliant unlisted shares dealer who can verify current quotes, minimum lot sizes and settlement cut offs prior to the trade. Apollo Fashion is available in 500, 1,000 or 2,200 shares. A dealer’s minimum transaction size is usually in the range of Rs 35,000 to Rs 50,000 and trading this counter in lot sizes of “80 units” is almost impossible. Always check the current minimum before you place an order.

Things to watch out for

• No live price discovery: prices are dealer quoted, and can vary quite a lot between platforms, unlike listed stocks.

• Limited stand-alone financial history: stand-alone results are available for only one full fiscal year post-demerger.

• No confirmed date of listing: DRHP is yet to be filed and any possibility of IPO timeline is speculation

• Liquidity risk – unlisted shares may take longer to buy or sell than listed equities.

This post is for educational purposes only, not investment advice. We advise you to do your own research and consult a SEBI registered advisor before buying unlisted shares.

FAQs –

1. Apollo Fashion unlisted share price now?
The stock is unlisted so there's not even an official price to speak of. During the last few months (late 2025 to 2026) Different unlisted share dealers have valued Apollo Fashion in the range of ₹43-₹48. Check the latest two-way price with your dealer before you trade.

2. What are the business activities of Apollo Fashion International Limited?
 It took over the fashion division of Apollo Green Energy Limited (a division of the Apollo Group) on June 1, 2024, and has produced and exported high-end leather footwear, bags, belts and outerwear to international fashion labels.

3. Apollo Fashion International has not applied for IPO.
As per the latest update, there is no definite IPO date as the company has not filed a DRHP with SEBI. The mention of a “pre-IPO” is not regarding an official listing but market expectations.

4. What is the lot size of Apollo Fashion Pre IPO Share?
Inquire of your selected dealer of unlisted shares as to the current minimum. Minimum lot sizes vary from dealer to dealer and platform to platform. Quoted values tend to be between 500 and 2,200 shares.

5. Apollo Fashion International Limited promoter?
Raaja Kanwar-led Apollo Group promotes the business with other group companies and family shareholding vehicles.

6. Can we purchase Apollo Fashion International Unlisted Shares in India?
Yes,Trading in unlisted shares is legal in India and is done through intermediaries who follow SEBI regulations and the settlement is done through NSDL/CDSL demat accounts.

7. How does Apollo Fashion International Ltd perform financially?
In its first full year of reporting independently post demerger, the company posted sales of ₹182.44 crore and net profit of ₹13.07 crore for FY 2024-2025.

8. Apollo Fashion Good unlisted shares dealer where to find?
Look for SEBI compliant platforms or dealers with demat based settlement, transparent two way quotes and verified lot sizes. These include those servicing Delhi-NCR, and an unlisted share firm at Noida.