Debt Free Stocks Under 20
Blog by Aliceblue News Desk
16 February 2025
16 minutes
The table below shows the Debt Free Stocks Under 20 based on the Highest Market Capitalization.
| Stock Name | Market Cap (Cr) | Close Price ₹ |
| Bartronics India Ltd | 491.89 | 16.17 |
| Genus Paper & Boards Ltd | 484.43 | 18.68 |
| Mangalam Global Enterprise Ltd | 476.54 | 15.02 |
| Spacenet Enterprises India Ltd | 470.37 | 8.33 |
| Integrated Industries Ltd | 454.5 | 19.96 |
| Artemis Electricals and Projects Ltd | 452.37 | 19.71 |
| Digispice Technologies Ltd | 450.89 | 19.57 |
| OK Play India Ltd | 449.63 | 12.08 |
| FCS Software Solutions Ltd | 441.06 | 2.65 |
| Nila Spaces Ltd | 435.64 | 11.2 |
Table of Contents
Top 10 Debt-Free Stocks Under 20
The table below shows the Top 10 Debt Free Stocks Under 20 based on 1 Year Return.
| Stock Name | Close Price ₹ | 1Y Return (%) |
| Omansh Enterprises Ltd | 15.35 | 2742.59 |
| Pasupati Fincap Ltd | 16 | 1602.13 |
| Yuvraaj Hygiene Products Ltd | 13.91 | 758.64 |
| Sattva Sukun Lifecare Ltd | 1.34 | 500.9 |
| Sri Chakra Cement Ltd | 15.54 | 393.33 |
| Taparia Tools Ltd | 18.11 | 389.46 |
| Harshil Agrotech Ltd | 3.67 | 362.26 |
| Bridge Securities Ltd | 11 | 318.89 |
| Swadeshi Industries and Leasing Ltd | 8.68 | 313.33 |
| Triumph International Finance India Ltd | 14.8 | 308.84 |
Debt-Free Stocks Under 20 In India
The table below shows Debt Free Stocks Under 20 In India based on 1 monthly return.
| Stock Name | Close Price ₹ | 1M Return (%) |
| Swadeshi Industries and Leasing Ltd | 8.68 | 130 |
| ISF Ltd | 2.03 | 99.02 |
| Vardhman Concrete Ltd | 12.49 | 70.73 |
| Covance Softsol Ltd | 7.62 | 62.96 |
| Munoth Communication Ltd | 17.19 | 61 |
| Aksh Optifibre Ltd | 11.98 | 57.78 |
| Triumph International Finance India Ltd | 14.8 | 54.53 |
| Oswal Overseas Ltd | 9.14 | 54.16 |
| TV Vision Ltd | 6.03 | 45.65 |
| Kiran Syntex Ltd | 10.63 | 44.71 |
Debt-Free Stocks Under 20 NSE
The table below shows Debt-Free Stocks Under 20 NSE based on the highest day Volume.
| Stock Name | Close Price ₹ | Daily Volume |
| Standard Capital Markets Ltd | 0.48 | 19161823 |
| Murae Organisor Ltd | 1.26 | 18751362 |
| Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF | 12.47 | 14022067 |
| KBC Global Ltd | 0.47 | 12866977 |
| Filatex Fashions Ltd | 0.52 | 12759083 |
| Vikas Ecotech Ltd | 2.43 | 11960903 |
| MPS Infotecnics Ltd | 0.33 | 10914615 |
| Sharanam Infraproject and Trading Ltd | 0.59 | 8889687 |
| Avance Technologies Ltd | 0.65 | 8356893 |
| Srestha Finvest Ltd | 0.55 | 7703258 |
Top 5 Debt-Free Stocks Under 20
The table below shows the top 5 debt-free stocks under 20 based on the PE ratio.
| Stock Name | Close Price ₹ | PE Ratio |
| Swastik Safe Deposit and Investments Ltd | 11.73 | 0.52 |
| Kusam Electrical Industries Ltd | 5.18 | 0.89 |
| Rajvi Logitrade Ltd | 11.85 | 1.21 |
| Surya India Ltd | 18.25 | 1.28 |
| MPL Plastics Ltd | 10.13 | 1.4 |
| Varun Mercantile Ltd | 1.03 | 1.51 |
| Valley Magnesite Company Ltd | 13.12 | 1.71 |
| Satchmo Holdings Ltd | 3.37 | 1.71 |
| BSEL Algo Ltd | 8 | 2.71 |
| Sri Amarnath Finance Ltd | 7.77 | 2.75 |
Debt-Free Penny Stocks Under 20 Rs
The below table shows Debt Free Penny Stocks Under 20 Rs based on the 6-month return.
| Stock Name | Close Price ₹ | 6M Return (%) |
| Omansh Enterprises Ltd | 15.35 | 1390.29 |
| Yuvraaj Hygiene Products Ltd | 13.91 | 581.86 |
| Sattva Sukun Lifecare Ltd | 1.34 | 532.82 |
| Sri Chakra Cement Ltd | 15.54 | 393.33 |
| Triumph International Finance India Ltd | 14.8 | 308.84 |
| Covance Softsol Ltd | 7.62 | 252.78 |
| Swadeshi Industries and Leasing Ltd | 8.68 | 226.32 |
| Jalan Transolutions (India) Ltd | 13.55 | 215.12 |
| Nibe Ordnance and Maritime Ltd | 4.59 | 203.97 |
| Atvo Enterprises Ltd | 16 | 172.11 |
Introduction to Debt-Free Stocks Under 20
Debt-Free Stocks Under 20 – Highest Market Capitalization
Bartronics India Ltd
The Market Cap of Bartronics India Ltd is ₹491.89 crore. The stock’s monthly return is 11.69%, while its one-year return is -26.50%. The stock is currently 24.19% away from its 52-week high.
Bartronics India Ltd specializes in providing innovative solutions in the areas of barcode, RFID, and mobile data capture. The company’s products and services cater to various industries such as retail, logistics, and manufacturing. It has gained a reputation for its technological advancements and efficient solutions that help businesses improve their supply chain and inventory management.
Despite a solid monthly return, Bartronics has faced a decline in its stock price over the past year. However, with the increasing demand for automation and data management solutions, the company is poised to benefit in the long term. Its technology-driven approach positions it well for growth in the expanding global market for automation technologies.
Genus Paper & Boards Ltd
The Market Cap of Genus Paper & Boards Ltd is ₹484.43 crore. The stock’s monthly return is 1.02%, while its one-year return is -3.71%. The stock is currently 21.22% away from its 52-week high.
Genus Paper & Boards Ltd is a prominent manufacturer of paper and paperboards, catering to the packaging and printing industries. The company has established a solid presence in the market due to its high-quality products and a broad customer base. Its production capacity and technological advancements have positioned it as a reliable supplier in the industry.
Although Genus has experienced a dip in its one-year performance, its steady growth in recent months indicates potential for recovery. The company is exploring new markets and enhancing its product offerings to maintain competitiveness and strengthen its financial performance moving forward.
Mangalam Global Enterprise Ltd
The Market Cap of Mangalam Global Enterprise Ltd is ₹476.54 crore. The stock’s monthly return is -0.62%, while its one-year return is 65.84%. The stock is currently 69.07% away from its 52-week high.
Mangalam Global Enterprise Ltd operates in a variety of sectors, including trading and manufacturing. The company’s diverse business model has allowed it to adapt to market fluctuations while ensuring steady growth in multiple sectors. The company focuses on providing quality products across its verticals, which include electronics, textiles, and more.
Despite its impressive one-year return, the company has faced some recent challenges, reflected in its monthly performance. However, its diversified operations and strong industry presence continue to provide a solid foundation for long-term growth.
Top 10 Debt-Free Stocks Under 20 – 1 Year Return
Omansh Enterprises Ltd
The Market Cap of Omansh Enterprises Ltd is ₹7.57 crore. The stock’s monthly return is 38.97%, while its one-year return is 2742.59%. The stock is currently 2742.59% away from its 52-week high.
Omansh Enterprises Ltd operates in the consumer goods sector, focusing on innovative solutions and products for its target market. The company’s performance has skyrocketed over the past year, resulting in an astronomical increase in stock value, positioning it as a key player in its industry.
Despite its significant rise, Omansh Enterprises continues to expand and refine its product offerings, aiming to sustain growth in the face of increased competition. With its strong market positioning, Omansh Enterprises is likely to maintain its upward trajectory in the coming years.
Pasupati Fincap Ltd
The Market Cap of Pasupati Fincap Ltd is ₹7.66 crore. The stock’s monthly return is -2.69%, while its one-year return is 1602.13%. The stock is currently 1602.13% away from its 52-week high.
Pasupati Fincap Ltd specializes in financial services, including investments, asset management, and financial consulting. The company has shown remarkable performance in the past year, posting an exceptional return that outpaces industry averages. Despite a minor decline in its monthly return, Pasupati continues to benefit from its strong market presence.
The company’s impressive growth over the last year positions it well for continued success. With an expanding portfolio and a clear focus on enhancing its service offerings, Pasupati Fincap is poised to capitalize on further opportunities in the financial sector.
Yuvraaj Hygiene Products Ltd
The Market Cap of Yuvraaj Hygiene Products Ltd is ₹120.12 crore. The stock’s monthly return is 8.34%, while its one-year return is 758.64%. The stock is currently 758.64% away from its 52-week high.
Yuvraaj Hygiene Products Ltd is a leader in manufacturing hygiene and personal care products, offering a wide range of items such as sanitizers, wipes, and disinfectants. The company has seen significant growth in demand, particularly during the pandemic, as people became more focused on cleanliness and hygiene.
Although the stock has been performing well over the past year, Yuvraaj Hygiene’s growth potential remains strong due to its extensive product range and strong distribution channels. The company continues to focus on expanding its market presence and increasing its product offerings to meet consumer demand.
Debt-Free Stocks Under 20 In India – 1 Month Return
Swadeshi Industries and Leasing Ltd
The Market Cap of Swadeshi Industries and Leasing Ltd is ₹9.21 crore. The stock’s monthly return is 130%, while its one-year return is 313.33%. The stock is currently 313.33% away from its 52-week high.
Swadeshi Industries and Leasing Ltd operates in various sectors, offering services related to leasing, financing, and investment. The company has delivered impressive returns in the past year, supported by its well-established business operations and diversified services.
Despite the company’s strong growth, it remains focused on increasing its operational efficiency and maintaining financial stability. With its steady expansion and diverse portfolio, Swadeshi Industries is poised for continued success in the coming years.
ISF Ltd
The Market Cap of ISF Ltd is ₹19.29 crore. The stock’s monthly return is 99.02%, while its one-year return is -3.33%. The stock is currently 160.26% away from its 52-week high.
ISF Ltd specializes in financial services, providing investment and asset management solutions. The company has shown impressive short-term performance, with a significant monthly return indicating potential for growth. However, its one-year performance has been slightly underwhelming.
The company remains committed to enhancing its service offerings and expanding its client base. With its ability to adapt to changing market conditions, ISF Ltd is expected to recover from past challenges and continue its growth trajectory.
Vardhman Concrete Ltd
The Market Cap of Vardhman Concrete Ltd is ₹8.52 crore. The stock’s monthly return is 70.73%, while its one-year return is 66.53%. The stock is currently 79.45% away from its 52-week high.
Vardhman Concrete Ltd is involved in the production and supply of concrete materials for various construction projects. The company has built a solid reputation for providing high-quality products to the construction industry, which has driven its growth over the past year.
Despite some recent fluctuations in stock performance, Vardhman Concrete’s position in the construction supply industry remains strong. The company is focused on enhancing its production capacity and expanding its market share, positioning it for long-term growth.
Debt-Free Stocks Under 20 NSE – Highest Day Volume
Standard Capital Markets Ltd
The Market Cap of Standard Capital Markets Ltd is ₹84.77 crore. The stock’s monthly return is -23.44%, while its one-year return is -74.60%. The stock is currently 4.35% away from its 52-week high.
Standard Capital Markets Ltd operates in the financial services sector, offering trading, investment, and advisory services to individual and institutional clients. The company has faced significant challenges in recent times, reflected in its negative one-year return.
Despite these challenges, Standard Capital Markets remains focused on improving its financial performance. By enhancing its services and focusing on market opportunities, the company aims to recover from its recent downturn and strengthen its position in the market.
Murae Organisor Ltd
The Market Cap of Murae Organisor Ltd is ₹111.54 crore. The stock’s monthly return is -17.24%, while its one-year return is -25.36%. The stock is currently 21.11% away from its 52-week high.
Murae Organisor Ltd operates primarily in the event management and organization sector, specializing in corporate events, conferences, and exhibitions. The company has faced challenges in recent years, which is reflected in its declining stock performance.
However, Murae Organisor continues to expand its business and focus on enhancing its service offerings. By adapting to the changing needs of the event management industry, the company is positioning itself for future growth and recovery.
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF
The Market Cap of Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF is ₹298.53 crore. The stock’s monthly return is 0%, while its one-year return is 7.22%. The stock is currently 13.36% away from its 52-week high.
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF is a bond exchange-traded fund (ETF) that offers exposure to government bonds and securities. The ETF provides investors with a stable income option and an opportunity to diversify their portfolios.
Despite the relatively flat monthly performance, the ETF has shown moderate returns over the past year. With the government bond market remaining relatively stable, Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF remains a solid choice for conservative investors seeking a low-risk investment option.
Top 5 Debt-Free Stocks Under 20 – PE Ratio
Swastik Safe Deposit and Investments Ltd
The Market Cap of Swastik Safe Deposit and Investments Ltd is ₹0.28 crore. The stock’s monthly return is 0%, while its one-year return is 0%. The stock is currently 9.32% away from its 52-week high.
Swastik Safe Deposit and Investments Ltd is a niche company operating in the financial services sector, focusing on providing safe deposit and investment services. Its limited market cap and relatively small scale of operations have resulted in slower growth compared to larger competitors.
Despite this, Swastik Safe Deposit continues to offer stable investment options for its clients. The company remains focused on enhancing its services to attract more investors while maintaining its conservative approach to growth.
Kusam Electrical Industries Ltd
The Market Cap of Kusam Electrical Industries Ltd is ₹0.12 crore. The stock’s monthly return is 0%, while its one-year return is 0%. The stock is currently 0% away from its 52-week high.
Kusam Electrical Industries Ltd operates in the electrical equipment industry, specializing in manufacturing and supplying electrical components and devices. The company has remained stable, with no significant changes in its stock performance over the past year.
Despite limited movement in its stock, Kusam Electrical continues to provide high-quality products to the electrical industry. The company’s focus on maintaining consistent performance positions it for modest, steady growth moving forward.
Rajvi Logitrade Ltd
The Market Cap of Rajvi Logitrade Ltd is ₹1.19 crore. The stock’s monthly return is 0%, while its one-year return is 27.28%. The stock is currently 27.28% away from its 52-week high.
Rajvi Logitrade Ltd is a logistics and supply chain company focused on providing efficient solutions for transportation and goods management. The company has performed well in the past year, thanks to its expanding services and strong industry relationships.
Despite its relatively small market cap, Rajvi Logitrade continues to grow and expand its presence in the logistics sector. By focusing on customer satisfaction and operational efficiency, the company is positioning itself for long-term success.
Debt-Free Penny Stocks Under 20 Rs – 6 Month Return
Omansh Enterprises Ltd
The Market Cap of Omansh Enterprises Ltd is ₹7.57 crore. The stock’s monthly return is 38.97%, while its one-year return is 2742.59%. The stock is currently 2742.59% away from its 52-week high.
Omansh Enterprises Ltd operates in the consumer goods sector, focusing on innovative solutions and products for its target market. The company’s performance has skyrocketed over the past year, resulting in an astronomical increase in stock value, positioning it as a key player in its industry.
Despite its significant rise, Omansh Enterprises continues to expand and refine its product offerings, aiming to sustain growth in the face of increased competition. With its strong market positioning, Omansh Enterprises is likely to maintain its upward trajectory in the coming years.
Yuvraaj Hygiene Products Ltd
The Market Cap of Yuvraaj Hygiene Products Ltd is ₹120.12 crore. The stock’s monthly return is 8.34%, while its one-year return is 758.64%. The stock is currently 758.64% away from its 52-week high.
Yuvraaj Hygiene Products Ltd is a leader in manufacturing hygiene and personal care products, offering a wide range of items such as sanitizers, wipes, and disinfectants. The company has seen significant growth in demand, particularly during the pandemic, as people became more focused on cleanliness and hygiene.
Although the stock has been performing well over the past year, Yuvraaj Hygiene’s growth potential remains strong due to its extensive product range and strong distribution channels. The company continues to focus on expanding its market presence and increasing its product offerings to meet consumer demand.
Sattva Sukun Lifecare Ltd
The Market Cap of Sattva Sukun Lifecare Ltd is ₹25.73 crore. The stock’s monthly return is 0%, while its one-year return is 500.90%. The stock is currently 797.82% away from its 52-week high.
Sattva Sukun Lifecare Ltd operates in the healthcare and wellness sector, focusing on providing high-quality products and services to improve the well-being of its customers. Over the past year, the company has seen an extraordinary increase in its stock value, reflecting its success in the market and strong demand for its offerings.
Despite this massive one-year return, the stock remains far from its 52-week high, indicating a potential for further growth. The company’s innovative approach and focus on expanding its reach are key drivers of its future prospects.
Debt-Free Stocks Under 20 – FAQ
Which are the Best Debt-Free Stocks Under 20?
Best Debt-Free Stocks Under 20 Rs #1: Bartronics India Ltd
Best Debt-Free Stocks Under 20 Rs #2: Genus Paper & Boards Ltd
Best Debt-Free Stocks Under 20 Rs #3: Mangalam Global Enterprise Ltd
Best Debt-Free Stocks Under 20 Rs #4: Spacenet Enterprises India Ltd
Best Debt-Free Stocks Under 20 Rs #5: Integrated Industries Ltd
The top Best Debt Free Stocks Under 20 Rs are based on market capitalization.
What are the Top 10 Debt Free Stocks Under 20?
Based on the one-year return, the Top 10 Debt-Free Stocks under 20 are Omansh Enterprises Ltd, Pasupati Fincap Ltd, Yuvraaj Hygiene Products Ltd, Sattva Sukun Lifecare Ltd, and Sri Chakra Cement Ltd.
Is it good to invest in Debt Free Stocks Under 20 Rs?
Investing in debt-free stocks under 20 Rs can offer potential opportunities for growth and value. These stocks often have strong financial positions and minimal debt burdens and may be undervalued compared to their higher-priced counterparts. However, thoroughly analyzing individual stocks and market conditions is crucial before making investment decisions.
How To Invest In Debt-Free Stocks Under 20 Rs?
To invest in debt-free stocks under 20 Rs, research companies with solid financials and minimal debt. Utilize stock screening tools to identify such companies within your price range. Open a brokerage account, conduct a thorough analysis, and consider factors like industry trends and growth potential before making investment decisions.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
Blog by Aliceblue News Desk
The Alice Blue Team is a passionate group of analysts delivering expert market insights, comprehensive coverage of stocks, economy, commodities, and personal finance through clear, actionable research.
