Cochin International Airport Limited Unlisted Share
₹445▲1.60%(7.00)
About the company
Cochin International Airport Limited (CIAL) is an airport infrastructure and operations company that owns and operates Cochin International Airport at Nedumbassery, near Kochi, Kerala. Incorporated in 1994, the company developed the airport through a public-private partnership model with participation from the Government of Kerala, non-resident Indians (NRIs), individual investors, businesses and other stakeholders.
CIAL commenced commercial airport operations in 1999 and has developed its business across passenger services, cargo handling, aviation infrastructure and non-aeronautical activities. The airport has also gained recognition for its renewable-energy initiatives, including its landmark solar-powered airport development.
Business Operations of CIAL
CIAL generates revenue through airport-related operations and supporting commercial activities. Its business includes:
Airport operations: Passenger terminals, aircraft movements and related airport services.
Aeronautical revenue: Income associated with airport usage and aviation-related services.
Non-aeronautical revenue: Commercial activities and passenger-related services within the airport ecosystem.
Cargo operations: Infrastructure and services supporting domestic and international cargo movement.
Infrastructure development: Airport facilities, operational upgrades and expansion initiatives.
Renewable energy initiatives: Solar power and sustainability-focused infrastructure.
CIAL's business performance is influenced by passenger traffic, airline activity, cargo volumes, airport charges, commercial income, operating costs and infrastructure investments.
With its combination of aviation expertise, infrastructure capabilities, sustainable initiatives, and long-term development vision, Cochin International Airport Limited continues to play an important role in Kerala’s connectivity and the growth of India’s aviation infrastructure. (CIAL)
Fundamentals
Valuation
Registry
| Metric | Value |
|---|---|
| PAN number | AAACC9658B |
| ISIN number | INE02KH01019 |
Figures in cr ·
Financials
| P&L Statement | 2026Latest | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Revenue | 1,401.5 | 1310 | 1158 | 940 |
| EBITDA | 816 | 789 | 722 | 563 |
| OPM | 58.19 | 60.23 | 62.35 | 59.89 |
| PBT | 710 | 693 | 599 | 391 |
| PAT | 527 | 516 | 448 | 292 |
| EPS | 11.02 | 10.79 | 9.37 | 7.63 |
Shareholding Pattern
| Holder | Percentage |
|---|---|
| His Excellency, The Governor Of Kerala | 33.38% |
| Mr. Yusuffali M. A | 12.11% |
| Mr. N. V. George | 5.93% |
| Others | 48.58% |
Leadership
Frequently asked questions
Common questions on Cochin International Airport Limited Unlisted Share—tap a row to read the answer.
Q.11. How can I buy Cochin International Airport Limited unlisted shares?
Cochin International Airport Limited shares are not traded on the regular stock exchanges, so buying them generally takes place through the unlisted-share market and an eligible intermediary or private transaction. You will normally need a valid PAN, completed KYC, and a demat account to receive the shares. Before investing, check the latest price, available quantity, transaction terms, and applicable charges.
Q.22. What is the current price of Cochin International Airport Limited unlisted shares?
The price of CIAL unlisted shares can change based on demand, availability, transactions in the unlisted market, and the company's financial outlook. Unlike an NSE or BSE-listed stock, there is no continuously quoted exchange price. Investors should therefore verify the latest available indicative price and understand that an unlisted-market quote may differ between transactions.
Q.33. How can I sell Cochin International Airport Limited unlisted shares?
Selling CIAL unlisted shares generally involves locating a willing buyer and completing the required off-market transfer through your demat account. Since there is no regular stock-exchange order book, the time required to find a buyer can vary. Before accepting an offer, compare the proposed sale price with the latest available market information and confirm all transfer and settlement requirements.
Q.44. Is there a lock-in period for CIAL unlisted shares?
A lock-in should not be assumed solely because the shares are unlisted. The applicable restriction can depend on the type of shares, how they were acquired, and the terms of a particular transaction or corporate action. Investors should confirm the specific conditions attached to their CIAL shares before planning an exit or potential listing-related sale.
Q.55. How does the DIS or e-DIS process work when selling CIAL unlisted shares?
When shares are held in dematerialized form, an investor can authorize their transfer through the Depository Participant using the applicable physical DIS or electronic facility. For an off-market transfer, the required beneficiary details, ISIN, quantity, and other transaction information must be entered correctly. SEBI advises investors not to sign blank DIS forms or share their demat passwords, OTPs, or e-DIS credentials.
Q.66. What is the minimum investment amount for CIAL unlisted shares?
The minimum investment is determined by factors such as the prevailing unlisted share price, available lot size, and the terms offered for a particular transaction. It should not be treated as a permanently fixed amount. Investors should confirm the latest quantity requirement and total transaction value before making a purchase.
Q.77. Is Cochin International Airport Limited listed on NSE or BSE?
No. Cochin International Airport Limited is an unlisted public company, so its equity shares are not currently traded on NSE or BSE like listed stocks. This means investors in CIAL unlisted shares should consider the differences in liquidity, price discovery, and exit options compared with exchange-listed securities. CIAL's own corporate information identifies the company as an unlisted public company.
Q.88. Is it legal to buy CIAL unlisted shares in India?
Buying shares of an unlisted company can be legally undertaken in India when the transaction is carried out through appropriate channels and complies with applicable company, securities, tax, KYC, and transfer requirements. Investors should use proper documentation, make payments through appropriate banking channels, and verify the parties involved before completing a transaction. SEBI also advises investors to avoid dealing with unregistered intermediaries.
Q.99. Can CIAL unlisted shares be held in a demat account?
Yes, CIAL shares that are available in dematerialized form can be held in an investor's demat account. Holding securities electronically can also simplify eligible transfers because ownership and movement of the shares are recorded through the depository system. Investors should regularly check their demat statement to ensure that their holdings and transactions are correctly reflected.
Q.1010. Can I sell CIAL unlisted shares whenever I want?
Not necessarily. Although an investor may be able to initiate a sale when the shares are transferable, an actual exit depends on finding a willing buyer and completing the required transfer process. Unlisted shares generally have lower liquidity than exchange-traded securities, so investors should be prepared for a potentially longer exit period.
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