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| 18 India Stock Market | 18 India Tile Upgrade Chart |

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18 India
Designer Michael Carter
Anthony Fryer
John Harres
Nick Neylon
Publisher GMT Games
Published 2023
Setting India
Players 2 to 5

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Components Qty Notes
Commodity concession markers 9 Cardboard tokens
Commodity tokens 11 White wooden discs
Gauge change markers 12 -
GIPR exchange tokens 3 -
Guaranty company cards 3 Called Guaranty Warrants in the contents list
Map board with stock market 1 Mounted 6-panel fold-out
Money 22,720 rupees 9,000 rupees required for the bank
Player money mats 5 -
Player order cards 5 -
Private company certificates 6 -
Public company certificates 163 17 sets of nine, 1 set of ten
Public company charters 18 -
Railroad bond cards 10 Called Royal bonds in the rules and contents list
Revenue track markers 18 However, there is no revenue track included with the game...
Round marker 1 Natural colour wooden cylinder
Rule book 1 -
Station tokens 55 -
Sticker placement guide 1 -
Sticker sheet 1 163 stickers
Stock market markers 18 -
Tile manifest/upgrade chart 1 Double sided - use instead of pages 19 and 28 in the rules, which have minor errors
Tiles 227 151 yellow, 44 green, 24 brown, 8 grey
Train cards 25 -
Train market/open market board 1 Card
Turn/Pass order cubes 10 Wooden

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Private Companies # Full Name Face Value Revenue Notes
SEIC 1 Swedish East India Company 25 5 -
PEIC 2 Portuguese East India Company 35 5 One extra yellow tile placement
DuEIC 3 Dutch East India Company 60 10 One extra track upgrade
FEIC 4 French East India Company 75 15 40 terrain cost discount
DaEIC 5 Danish East India Company 115 20 One free station, even if full
BEIC 6 British East India Company 150 25 Receives Jewelry concession

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Public Companies Full Name Zone Initial Price Directorship Other Certificates Home Hex Station Tokens Notes
GIPR Great Indian Peninsula Railway - 112 - 10 x 10% - 4+3 Exchange Cannot start until Phase 2
BNR Bengal Nagpur Railway East 82 20% 8 x 10% Nagpur
I20
5 -
BR Bombay Railway West 71 20% 8 x 10% Mumbai
D23
3 -
CGR Ceylon Government Railway South 76 20% 8 x 10% Colombo
K40
3 -
DHR Darjeeling-Himalayan Railway East 67 20% 8 x 10% China
Q10
2 -
EBR Eastern Bengal Railway East 76 20% 8 x 10% Kolkata
P17
3 -
EIR East India Railway East 100 20% 8 x 10% Kolkata
P17
3 -
KGFR Kolar Gold Feilds Railway South 64 20% 8 x 10% Bengaluru
H31
2 -
MR Madras Railway South 90 20% 8 x 10% Chennai
K30
3 -
NCR North Central Railway East 90 20% 8 x 10% Allahabad
K14
4 -
NR Northwestern Railway West 100 20% 8 x 10% Delhi
G8
4 -
NSR Nizam State Railway South 71 20% 8 x 10% Hyderabad
H25
3 -
PNSR Punjab Northern State Railway West 76 20% 8 x 10% Lahore
D3
3 -
SIR South Indian Railway South 82 20% 8 x 10% Kochi
G36
4 -
SPDR Sind, Punjab & Delhi Railway West 67 20% 8 x 10% Delhi
G8
2 -
TR Tirhoot Railway East 71 20% 8 x 10% Nepal
M10
2 -
WIPR West of India Portuguese Railway South 76 20% 8 x 10% Pune
E24
3 -
WR Western Railway West 64 20% 8 x 10% Ahmedabad
D17
2  

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Starting Cash
2-player 1,100
3-player 733
4-player 550
5-player 440
Certificates Dealt
2-player 15
3-player 13
4-player 11
5-player 10
IPO Certs per Row
2-player 18
3-player 15
4-player 13
5-player 12
Certificate Limits Companies Closed
0 1 2+
2-player 37 33 29
3-player 23 22 19
4-player 18 17 15
5-player 15 13 12

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Stock Market
Type Linear
Zones Individual starting spaces for public companies
Game end triggered if a public company enters this space
'Closed' space Yes
View it here: 18 India Stock Market

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Game Map Clear Hexes 1 Town

3 Towns

Cities 'OO' Off-Board Areas Fixed Rivers Ferry Mountains
Hexes: 182 124 34 4 15 2 - 18 36 1 28
The total count of individual items will usually exceed the total number of hexes shown. This will be due to hexes that contain multiple items, such as towns and cities in off-board areas and fixed locations.
Clear Where tiles with plain track may be laid. May include hexes with pre-printed track.
1 Town Where tiles with a single town (no station token space) may be laid.
3 Towns Where tiles with three towns (no station token spaces) may be laid.
Cities Where tiles with station token spaces may be laid, or where stations printed on the board may be upgraded. Does not include 'OO' hexes.
'OO' Yellow hexes where green tiles designated as 'OO' tiles with two separate station token spaces may be laid.
Off-Board Static, where trains may run to off-board areas, typically with values that vary according to the phase of the game.
Usually includes fixed locations that have variable income.
No tile lays allowed.
An off-board area may consist of more than one hex - each area is usually counted only once for each train.
Fixed Static, usually with track or fixed value stations printed on the map.
No tile lays allowed.
Rivers Hex edges that require a cost to cross.
Ferry and Mountains Hexes that contain these features with a cost to place or upgrade tiles.

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Yellow Tiles Number 3 4 5 6 7 8 9 57 58 235
Total: 151 Tiles Tile 3 Tile 4 Tile 5 Tile 6 Tile 7 Tile 8 Tile 9 Tile 57 Tile 58 Tile 235
Qty 8 16 3 3 6 41 41 3 16 2
Number IF1 IF2 IND2 IND3 IND4 IND5 IND6  
Tiles Tile IF1 Tile IF2 Tile IND2 Tile IND3 Tile IND4 Tile IND5 Tile IND6
Qty 1 1 2 2 2 2 2
Green Tiles Number 12 13 14 15 59 80 81 82 83 141
Total: 43 Tiles Tile 12 Tile 13 Tile 14 Tile 15 Tile 59 Tile 80 Tile 81 Tile 82 Tile 83 Tile 141
Qty 2 2 2 2 2 4 4 4 4 3
Number 142 143 144 205 206 619  
Tiles Tile 142 Tile 143 Tile 144 Tile 205 Tile 206 Tile 619
Qty 3 3 3 2 2 2
Brown Tiles Number 64 65 66 67 68 145 146 147 544 545
Total: 24 Tiles Tile 64 Tile 65 Tile 66 Tile 67 Tile 68 Tile 145 Tile 146 Tile 147 Tile 544 Tile 545
Qty 1 1 1 1 1 2 2 2 2 2
Number 546 611 984  
Tiles Tile 546 Tile 611 Tile 984
Qty 2 6 1
Grey Tiles Number 60 513 GT6 IND1
Total: 8 Tiles Tile 60 Tile 169 Tile GT6 Tile IND1
Qty 1 4 1 2

You may find more information about these tiles by visiting the 18xx Tiles Database.

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Trains Type 2 3 4/4E 3x2 3x3 4x2 4x3
Total: 25 Cost 180 300 450 700 900 800 1,100
Resale 180 300 300 500 700 650 -
Qty 6 4 3 3 3 3 3

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Mail me Keith Thomasson September 18th 2023