Best Debt Free Penny Stocks Under 10 Rs
Posted by : sachet | Thu Feb 27 2025
Debt free penny stocks under 10 rs underlie the companies operating with zero or little outstanding loans. These stocks often come with higher financial stability because of low-interest burdens. Debt free penny stocks are low-priced gems that add lower financial risk and stability to the investor’s portfolio. Scroll down to explore the list of debt free penny stocks under 10 rs with their updated prices, market capitalisation, and 52-Week High/low.
List of Debt Free Penny Stocks Under 10 Rs
| Company | CMP (in Rs) | Market Capitalisation (in cr.) | 52-Week High (in rs) | 52-Week Low (in rs) |
| Mishtann Foods Ltd. | 5.66 | 609.93 | 21.80 | 5.37 |
| Bluechip India Ltd. | 7.00 | 38.71 | 9.80 | 2.60 |
| Omansh Enterprises Ltd. | 8.76 | 4.40 | 330.00 | 0.99 |
| M Lakhamsi Industries Ltd. | 8.70 | 5.19 | 8.70 | 2.00 |
| Spright Agro Ltd. | 6.43 | 724.00 | 44.66 | 5.33 |
*Data is updated as of 27th February 2025.
Overview of Debt Free Penny Stocks Under 10 Rs
Explore the details of debt free penny stocks under 10 rs.
- Mishtann Foods Ltd.
Founded: 1981
Headquarters: Ahmedabad, Gujarat
Market Capitalisation: Rs 608.85
Mishtann Foods Ltd. has recently become popular as one of the best debt free penny stocks below 10 rs. The company is involved in the processing and marketing of un-branded basmati rice. Moreover, it also sells pulses and salts in the Indian FMCG market. Mishtann Foods has generated profitability of Rs 345 crore in the trailing 12-month (TTM) period. The PE ratio of Mishtann Foods Ltd. stands at 1.73, and the stock has declared a dividend yield of 0.018%.
- Bluechip India Ltd.
Founded: 1989
Headquarters: Kolkata, West Bengal
Market Capitalisation: Rs 38.00 crore
Bluechip India Ltd. is one of the leading retail financial product distribution houses in India. The company provides different types of financial products, such as corporate fixed deposits, government bonds, mutual funds, IPOs, and NFOs. It works on a door-to-door business model with no franchise or sub-agents. The PE ratio of Bluechip India Ltd. is -345.50, and its P/B ratio stands at 16.36.
- Omnash Enterprises Ltd.
Founded: 1974
Headquarters: New Delhi, India
Market Capitalisation: Rs 4.40 crore
Omnash Enterprises Ltd. is involved in the trading of clothes and fabrics in Delhi and NCR. It provides different products, such as tin coil, mild steel wire rods, mild steel structures, hot rolled coil, pottery items, etc. The PE ratio of Omnash Enterprises Ltd. stands at -11.93, and its debt-to-equity ratio is 0.33. The company has very low debt and hence is considered as one of the best debt free penny stocks under 10 rs in India.
- M Lakhamsi Industries Ltd.
Founded: 1985
Headquarters: Mumbai, Maharashtra
Market Capitalisation: Rs 5.19 crore
M Lakhamsi Industries Ltd. is engaged in buying, selling, importing, and exporting different agricultural products. The diversified product portfolio of this company includes pulses/beans, spices, vegetables, herbs, pickles, grains, and oilseeds. M Lakhamsi Industries Ltd. has also invested in the adoption of innovative technologies such as laser sorters and colour sorters. The PE ratio of M Lakhamsi Industries Ltd. is 7.31, and the stock is currently trading below its book value, which is Rs 13.57.
- Spright Agro Ltd.
Founded: 1994
Headquarters: Ahmedabad, Gujarat
Market Capitalisation: Rs 715.77 crore
Spright Agro Ltd. is committed to nourishing communities and cultivating a sustainable future with the help of innovative food and agriculture solutions. The company is engaged in the production of high-quality and nutritious food products to encompass sustainable agricultural practices. It also empowers farmers and different communities to thrive. Spright Agro Ltd., one of the best debt free penny stocks under 10 rs, trades with a PE ratio of 28.17 and has generated a return on equity of 19.75%. This indicates that the company is effectively utilising its capital and resources to grow.
Also Read: Debt Free Penny Stocks With Good Profitability (2025)
What are Debt Free Penny Stocks?
Debt free penny stocks are the low-priced equities of small-medium enterprises operating with less market share. These stocks often come with a low-interest burden as they have little or zero outstanding loans to pay. Investing in such stocks might reduce risk in the investors’ portfolios and may help them generate balanced returns.
Moreover, debt free penny stocks under 10 rs could be financially stable and may reflect high growth potential for the coming years. It helps small investors take early entry into the equities and may also provide them with multibagger returns in the long run.
Feature of Debt Free Penny Stocks Under 10 Rs
Have a look at the features of debt free penny stocks under 10 rs to make your research smoother.
- Affordable Investment
Debt free penny stocks are considered to be the affordable investment option as they allow investors to buy more quantity with less amount. Investors seeking early entry in a share to utilise the benefit of high growth potential can invest in penny stocks with no debt.
- Low-Interest Burden
Debt free penny stocks under 10 rs are not required to pay high interest on the borrowings. It offers financial stability to the business and may indirectly benefit the stock prices in the coming decades. Low-interest burden builds the confidence of investors to invest in stocks with zero debt.
- Positive Cash Flow
No interest payment helps business to increase their reserves and surplus. It offers positive cash flow to adopt technological innovations in the business environment. Debt free penny stocks might have positive cash flow as they are not liable for high-interest payments.
- Low Market Capitalisation
Penny stocks are the equities of business organisations operating with low market capitalisation and low prices, typically less than Rs 10 or Rs 20. In addition, debt free penny stocks are low-priced gems with zero or outstanding loans that trade with low market capitalisation.
Benefits of Debt Free Penny Stocks Under 10 Rs
Besides capital appreciation, debt free penny stocks under 10 rs also provide investors with several benefits. These benefits of debt free penny stocks include.
- Easy Accessibility
Debt free penny stocks are available to buy at a low price, making them affordable investment options for small investors. It also makes shares more accessible, and one can generate higher returns just by investing a small amount of capital. Low price (<10 rs) enables investors to take early entry and get the benefit of the full potential of the stocks.
- Multibagger Returns
Penny stocks are highly speculative investments but also deliver multibagger returns to investors. One can consider debt free penny stocks under 10 rs to generate tremendous returns in the Indian stock market. They can double or triple the invested capital to contribute best to the wealth generation of investors.
- Low Risk
Debt free penny stocks come with low risk and are capable of balancing the returns in an individual’s portfolio. Those who have insufficient funds to invest in high-priced/quality stocks can consider investing in debt free penny stocks under 10 rs with their low-risk tolerance behaviour. Moreover, you must conduct your own research to avoid significant losses in the Indian stock market.
- Dividend Yield
Some of the best debt free penny stocks under 10 rs provide dividend yield. The dividend is not part of capital appreciation as it is part of the profit the company distributes among the shareholders. To earn dividend income, you can research top debt free penny stocks for 2025 in India.
- Inflation Hedge
Rising inflation could disturb an individual’s living style somewhere. However, debt free penny stocks for 2025 could help investors with an inflation hedge. They can deliver significant returns, typically more than 100 or 200 per cent, which will likely increase the disposable income of investors. A rise in disposable income would be the best support for people to survive inflation in the country.
Factors to Consider for Debt Free Penny Stocks Under 10 Rs
It is appropriate to say that debt free penny stocks under 10 rs could deliver tremendous returns. But, investors should consider some crucial factors that can impact their investment journey so far. Here are some key factors affecting the best debt free penny stocks for 2025.
- Financial Health
Assess the company’s financial health to better understand its efficiency in growing in the competitive business world. You can consider the parameters like revenue growth, profit margin, cash flow position, reserves, and surplus. A financially strong debt free penny stocks under 10 rs could deliver unexpected returns over the while.
- Technical Analysis
Use technical indicators such as P/E ratio, debt-to-equity ratio, P/B ratio, return on equity, etc., to know about the technical side of the shares. These technical parameters might help you analyse the growth potential of a stock and you can also compare one stock with another one in the identical sector.
- Management Team
Evaluate the skills and experience of the management team of the company to choose the best debt free penny stocks under 10 rs. It is the management that takes an organisation to new heights. And you can check the previous achievements of the company and the decisions of the team to analyse their potential to grow the company.
- Company’s Projections
Check whether the company has achieved its past projections or not. Any failure in company’s project accomplishment might bring a significant loss to the investors having the best debt free penny stocks in their portfolios.
Also Read: Debt Free Penny Stocks in India
Debt Free Penny Stocks With P/E Ratio
Explore the debt free penny stocks with their PE ratio.
| Company | CMP (in Rs) | Market Capitalisation (in cr.) | P/E Ratio | Industry P/E |
| Landmark Property Development Company Ltd. | 8.20 | 114.00 | -7.27 | 65.84 |
| Axita Cotton Ltd. | 10.30 | 359.00 | 44.91 | 40.51 |
| BFL Asset Finvest Ltd. | 14.50 | 15.00 | 8.39 | 23.49 |
| Shreeji Translogistics Ltd. | 12.70 | 91.00 | 25.04 | 35.46 |
| Maximus International Ltd. | 11.80 | 168.00 | 17.17 | 44.07 |
*Data is updated as of 27th February 2025.
Debt Free Penny Stocks Based on 1-Year Returns
Here are some of the best debt free penny stocks on the basis of 1-year returns.
| Company | CMP (in Rs) | Market Capitalisation (in cr.) | 1-Year Returns (in %). |
| Taparia Tools Ltd. | 16.43 | 24.94 | 411.84% |
| Tahmar Enterprises Ltd. | 12.00 | 189.48 | 346.10% |
| Bridge Securities Ltd. | 11.60 | 38.99 | 482.91% |
| Beeyu Overseas Ltd. | 3.79 | 5.36 | 35.36% |
| Quasar India Ltd. | 1.01 | 48.07 | 63.01% |
*Data is updated as of 27th February 2025.
Risks of Debt Free Penny Stocks Under 10 Rs
Debt free penny stocks under 10 rs could be a lucrative or multibagger investment opportunity. But also comes with some of the risks. Here are the major risks that multibagger stocks or debt free penny stocks might contain.
- Macroeconomic Events
Indian stock market is sensitive to macroeconomic events such as recession, inflation, tariff policy, union budget, and war. These could be risks for the capital invested at a particular period of time. However, one can manage these risks by investing in fundamentally strong, best debt free penny stocks under 10 rs for a longer duration.
- Low Volatility
Debt free stocks may be impacted due to low volatility in the share. Low volatility influences some unsuspected investors to initiate a pump-and-dump of shares. Analyse the volatility and volume in the debt free penny stocks before investing in such shares to safeguard your investment portfolios.
How to Invest in Debt Free Penny Stocks Under 10 Rs?
Follow the steps mentioned below to invest in debt free penny stocks under 10 rs with careful consideration.
- Step 1: Conduct thorough research on the best debt free penny stocks with their fundamental and technical analysis.
- Step 2: Open a demat account on Univest to research or invest in penny stocks with zero outstanding loans.
- Step 3: Place a buy order for selected debt free stocks with low prices by choosing the quantity of shares you wish to buy.
- Step 4: Track your returns in the portfolio section and wait for the right time to book profitability.
Open a demat account with Univest or try a pro plan to get daily stock recommendations to book your ideal profit!
Let’s Wrap
Debt free penny stocks under 10 rs could prove to be the stepping stone for investors who have low-risk tolerance and insufficient capital money. These stocks can not only double or triple the capital amount but also provide investors with several benefits such as dividend yield, financial freedom, low risk, etc. Investors considered debt free penny stocks as the lucrative options to build wealth. We are aware of the speculative nature of penny stocks. But what if these penny shares become debt free for their whole life? They could be multibagger opportunities for investors. Stay Univested to get the best services and real-time updates on stocks.
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FAQs on Debt Free Penny Stocks Under 10 Rs
1. Which penny stock is debt free?
Ans. Here are the top debt free penny stocks in India for 2025.
| Company | LTP (in Rs) | Market Capitalisation (in cr.) | D/E |
| Teamo Productions HQ Ltd. | 1.46 | ₹ 163.00 | 0.00 |
| Goenka Business & Finance Ltd. | 12.34 | ₹ 16.04 | 0.00 |
| Spright Agro Ltd. | 6.78 | ₹ 726.48 | 0.00 |
| Dhatre Udyog Ltd. | 10.11 | ₹ 110.15 | 0.00 |
| Rander Corporation Ltd. | 11.37 | ₹ 14.02 | 0.00 |
*Data is updated as of 21st February 2025.
2. Which company is debt-free?
Ans. In India, several companies are listed on the stock exchange with no outstanding liabilities. These listed companies are often called debt-free stocks. Here are some of the debt-free companies in India.
| Company Name | CMP (in Rs) | Market Capitalisation (in cr.) |
| Kaveri Seed Company Ltd. | 981.95 | 5,219.10 |
| LMW Ltd. | 14,407.70 | 15,492.20 |
| UTI Asset Management Company Ltd. | 955.05 | 12,429.00 |
| Techno Electric & Engineering Company Ltd. | 1,000.85 | 11,601.19 |
| Maharashtra Scooters Ltd. | 9,608.60 | 10,736.16 |
*Data is updated as of 21st February 2025.
3. What are debt-free stocks?
Ans. Here are some of the debt-free stocks in India.
| Company Name | CMP (in Rs) | Market Capitalisation (in cr.) | 52-Week High (in Rs) | 52-Week Low (in Rs) |
| Divi’s Laboratories Ltd. | 5,781.75 | 1,58,655.10 | 6,256.50 | 3,367.85 |
| Gland Pharma Ltd. | 1,534.15 | 25,049.78 | 2,141.60 | 1,440.20 |
| GM Breweries Ltd. | 680.80 | 1,575.00 | 991.30 | 584.20 |
| Hindustan Unilever Ltd. | 2,237.00 | 5,28,388.10 | 3,028.55 | 2,194.05 |
| IRCTC Ltd. | 729.65 | 58,828.29 | 1,126.00 | 719.20 |
*Data is updated as of 21st February 2025.
4. Which debt-free stocks pay dividend?
Ans. Look at the table to explore dividend-paying debt-free stocks in India.
| Company Name | Dividend Yield |
| HDFC Assets Management Company Ltd. | 1.80% |
| Tata Elxsi Ltd. | 1.16% |
| RPG Life Sciences Ltd. | 0.69% |
| Tata Investment Corporation Ltd. | 0.46% |
| ZF Commercial Vehicle Control Systems India Ltd. | 0.15% |
*Data is updated as of 21st February 2025.
All Debt Free Penny Stocks
| Sr. No | Stock Name | LTP (₹) | Market Capitalisation (in cr.) | 52-week high (₹) | 52-week low (₹) | D/E Ratio |
| 1. | Brightcom Group Ltd. | ₹ 10.2 | ₹ 2,068 | ₹ 19.9 | ₹6.65 | 0.00 |
| 2. | Bluechip India Ltd. | ₹ 6.61 | ₹ 35.9 | ₹ 9.80 | ₹ 2.60 | 0.00 |
| 3. | Landmark Property Development Company Ltd. | ₹ 8.62 | ₹ 111 | ₹ 17.0 | ₹ 7.25 | 0.00 |
| 4. | Easy Trip Planners Ltd. | ₹ 12.4 | ₹ 4,377 | ₹ 25.9 | ₹ 11.3 | 0.00 |
| 5. | Vipul Ltd. | ₹ 14.0 | ₹ 197 | ₹ 53.0 | ₹ 13.8 | 0.26 |
| 6. | Axita Cotton Ltd. | ₹ 10.3 | ₹ 358 | ₹ 21.3 | ₹ 10.1 | 0.08 |
| 7. | BFL Asset Finvest Ltd. | ₹ 15.0 | ₹ 15.3 | ₹ 29.0 | ₹ 13.0 | 0.04 |
| 8. | Maximus International Ltd. | ₹ 12.6 | ₹ 171 | ₹ 29.0 | ₹ 11.5 | 0.23 |
| 9. | Shreeji Translogistics Ltd. | ₹ 13.4 | ₹ 93.8 | ₹ 37.5 | ₹ 12.2 | 0.76 |
*Data is updated as of 20th February 2025
Debt-Free Penny Stocks Below 5 Rupees
| Stock Name | LTP (₹) | Market Capitalisation (₹) | D/E Ratio |
| Beeyu Overseas Ltd. | ₹ 3.89 | ₹ 5.50 | 0.00 |
| DSJ Keep Learning Ltd. | ₹ 4.85 | ₹ 12.1 | 0.09 |
| Quasar India Ltd. | ₹ 4.35 | ₹ 12.2 | 0.13 |
| Quantum Build-Tech Ltd. | ₹ 4.86 | ₹ 12.2 | 0.75 |
| Goenka Diamond & Jewels Ltd. | ₹ 1.08 | ₹ 33.6 | 0.77 |
*Data is updated as of 20th February 2025.
Debt-Free Penny Stocks Under 1 Rupee
| Stock Name | LTP (₹) | Market Capitalisation (₹) | D/E Ratio |
| Rajnish Wellness Ltd. | ₹ 1.00 | ₹ 76.8 | 0.00 |
| IFL Enterprises Ltd. | ₹ 0.76 | ₹ 57.0 | 0.06 |
| Avance Technologies Ltd. | ₹ 0.72 | ₹ 143 | 0.14 |
| Seven Hill Industries Ltd. | ₹ 0.95 | ₹ 12.4 | 0.68 |
| Greencrest Financial Services Ltd. | ₹ 0.73 | ₹ 26.7 | 0.75 |
*Data is updated as of 20th February 2025.
Debt Free Penny Stocks for 2025
| Stock Name | LTP (in Rs) | Market Capitalisation (in cr.) | D/E |
| Teamo Productions HQ Ltd. | 1.46 | ₹ 163.00 | 0.00 |
| Goenka Business & Finance Ltd. | 12.34 | ₹ 16.04 | 0.00 |
| Spright Agro Ltd. | 6.78 | ₹ 726.48 | 0.00 |
| Dhatre Udyog Ltd. | 10.11 | ₹ 110.15 | 0.00 |
| Rander Corporation Ltd. | 11.37 | ₹ 14.02 | 0.00 |
*Data is updated as of 20th February 2025.
Other Debt Free Stocks
| Company Name | CMP (in Rs) | Market Capitalisation (in cr.) | 52-Week High (in Rs) | 52-Week Low (in Rs) |
| Divi’s Laboratories Ltd. | 5,781.75 | 1,58,655.10 | 6,256.50 | 3,367.85 |
| Gland Pharma Ltd. | 1,534.15 | 25,049.78 | 2,141.60 | 1,440.20 |
| GM Breweries Ltd. | 680.80 | 1,575.00 | 991.30 | 584.20 |
| Hindustan Unilever Ltd. | 2,237.00 | 5,28,388.10 | 3,028.55 | 2,194.05 |
| IRCTC Ltd. | 729.65 | 58,828.29 | 1,126.00 | 719.20 |
| JSW Holdings Ltd. | 15,800.00 | 17,463.18 | 19,420.20 | 6,038.85 |
| Jupiter Life Line Hospitals Ltd. | 1,489.45 | 9,764.80 | 1,661.60 | 1,114.80 |
| Larsen & Toubro Ltd. | 3,304.25 | 4,50,425.23 | 3,947.30 | 3,220.15 |
| LTI Mindtree Ltd. | 5,311.75 | 1,59,849.00 | 6,738.45 | 4,593.55 |
| Tata Consultancy Services Ltd. | 3,788.90 | 13,66,895.18 | 4,553.75 | 3,670.95 |
*Data is updated as of 21st February 2025.
Debt-Free Stocks for 2025
*Data is updated as of 21st February 2025.
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*Data is updated as of 24th February 2025.
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