Pre-IPO & Unlisted Shares

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Pre IPO

Pre-IPO & Unlisted Shares

Invest early in high-growth companies before they list

Unlisted shares are equity in companies not yet traded on a recognised exchange like the NSE, BSE or MSEI. They’re legally issued, fully valid equity instruments held in Demat form through NSDL or CDSL — the difference is that they’re bought and sold off-market, rather than on a public exchange.

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CompanyPrice / ShareMin. LotDepositoryAction
APL Metals Unlisted Shares

APL Metals Unlisted Shares

Private Equity • Unlisted Market

₹12
5000NSDL & CDSL
ASK Investment Managers Limited

ASK Investment Managers Limited

Private Equity • Unlisted Market

₹945
100NSDL & CDSL
Amol Minechem Limited

Amol Minechem Limited

Private Equity • Unlisted Market

₹900
75NSDL & CDSL
Anheuser-Busch InBev SABMiller India Limited

Anheuser-Busch InBev SABMiller India Limited

Private Equity • Unlisted Market

₹495
100NSDL & CDSL
Anugraha Valve Castings Limited

Anugraha Valve Castings Limited

Private Equity • Unlisted Market

₹60
1000NSDL & CDSL
Apollo Fashion International Limited

Apollo Fashion International Limited

Private Equity • Unlisted Market

₹47
1000NSDL & CDSL
Apollo Green Energy Limited Unlisted Shares

Apollo Green Energy Limited Unlisted Shares

Private Equity • Unlisted Market

₹54
500NSDL & CDSL
Arohan Financial Services Limited

Arohan Financial Services Limited

Private Equity • Unlisted Market

₹35
100NSDL & CDSL
Assam Carbon Products Limited Unlisted Shares

Assam Carbon Products Limited Unlisted Shares

Private Equity • Unlisted Market

₹68
100NSDL & CDSL
Axles India Limited Unlisted Shares

Axles India Limited Unlisted Shares

Private Equity • Unlisted Market

₹844
100NSDL & CDSL
BLSX Limited

BLSX Limited

Private Equity • Unlisted Market

₹35
1000NSDL & CDSL
BVG India Limited Unlisted Share

BVG India Limited Unlisted Share

Private Equity • Unlisted Market

₹802
100NSDL & CDSL
Bazar India Limited

Bazar India Limited

Private Equity • Unlisted Market

₹30
500NSDL & CDSL
Bharat Hotels Limited

Bharat Hotels Limited

Private Equity • Unlisted Market

₹438
100NSDL & CDSL
Bharat Nidhi (Bharat Bank) Unlisted Shares

Bharat Nidhi (Bharat Bank) Unlisted Shares

Private Equity • Unlisted Market

₹1,125
100NSDL & CDSL
Bira 91 (B9 Beverages Limited)

Bira 91 (B9 Beverages Limited)

Private Equity • Unlisted Market

₹232
100NSDL & CDSL
Boat Unlisted Share (Imagine Marketing)

Boat Unlisted Share (Imagine Marketing)

Private Equity • Unlisted Market

₹1,438
50NSDL & CDSL
Bolzen and Mutter Unlisted Share

Bolzen and Mutter Unlisted Share

Private Equity • Unlisted Market

₹407
1000NSDL & CDSL
Bootes Impex Tech Ltd.

Bootes Impex Tech Ltd.

Private Equity • Unlisted Market

₹1,550
50NSDL & CDSL
CSK Unlisted Shares

CSK Unlisted Shares

Private Equity • Unlisted Market

₹268
100NSDL & CDSL
Capgemini Technology Services India Limited Unlisted Shares

Capgemini Technology Services India Limited Unlisted Shares

Private Equity • Unlisted Market

₹13,750
10NSDL & CDSL
Care Health (Previously Religare Health) Insurance Company Limited Unlisted Shares

Care Health (Previously Religare Health) Insurance Company Limited Unlisted Shares

Private Equity • Unlisted Market

₹185
100NSDL & CDSL
Carrier Airconditioning & Refrigeration Limited Unlisted Shares

Carrier Airconditioning & Refrigeration Limited Unlisted Shares

Private Equity • Unlisted Market

₹657
100NSDL & CDSL
Cheelizza Pizza Unlisted Shares

Cheelizza Pizza Unlisted Shares

Private Equity • Unlisted Market

₹83
1000NSDL & CDSL
Claps Oiltech Unlisted Share

Claps Oiltech Unlisted Share

Private Equity • Unlisted Market

₹58
1000Only CDSL
Cochin International Airport Limited Unlisted Shares

Cochin International Airport Limited Unlisted Shares

Private Equity • Unlisted Market

₹575
100NSDL & CDSL
DANTECH DIGITAL DENTAL SOLUTIONS PRIVATE LIMITED

DANTECH DIGITAL DENTAL SOLUTIONS PRIVATE LIMITED

Private Equity • Unlisted Market

₹563
500NSDL & CDSL
Dalmia Bharat Refractories Limited Unlisted Shares

Dalmia Bharat Refractories Limited Unlisted Shares

Private Equity • Unlisted Market

₹275
100NSDL & CDSL
Delta Galaxy Unlisted Shares

Delta Galaxy Unlisted Shares

Private Equity • Unlisted Market

₹57
1200NSDL & CDSL
Digvijay Finlease Unlisted Shares

Digvijay Finlease Unlisted Shares

Private Equity • Unlisted Market

₹2,188
50NSDL & CDSL
Down Town Hospital Limited Unlisted Shares

Down Town Hospital Limited Unlisted Shares

Private Equity • Unlisted Market

₹469
100NSDL & CDSL
ESDS Unlisted Shares

ESDS Unlisted Shares

Private Equity • Unlisted Market

₹594
100NSDL & CDSL
Ecosure Unlisted Shares

Ecosure Unlisted Shares

Private Equity • Unlisted Market

₹65
5000NSDL & CDSL
Electrosteel Steels Limited Unlisted Shares

Electrosteel Steels Limited Unlisted Shares

Private Equity • Unlisted Market

₹48
1000NSDL & CDSL
Elofic Industries Limited Unlisted Shares

Elofic Industries Limited Unlisted Shares

Private Equity • Unlisted Market

₹4,313
25NSDL & CDSL
Empire Spices and Foods Limited Unlisted Shares

Empire Spices and Foods Limited Unlisted Shares

Private Equity • Unlisted Market

₹719
100NSDL & CDSL
Frick India Limited Unlisted Shares

Frick India Limited Unlisted Shares

Private Equity • Unlisted Market

₹2,500
10NSDL & CDSL
GFCL EV Products Limited

GFCL EV Products Limited

Private Equity • Unlisted Market

₹59
1000NSDL & CDSL
GKN Driveline India Limited Unlisted Shares

GKN Driveline India Limited Unlisted Shares

Private Equity • Unlisted Market

₹2,157
25NSDL & CDSL
GRE Renew Enertech Limited

GRE Renew Enertech Limited

Private Equity • Unlisted Market

₹223
500NSDL & CDSL
Goa Shipyard Limited Unlisted Shares

Goa Shipyard Limited Unlisted Shares

Private Equity • Unlisted Market

₹4,813
100NSDL & CDSL
Goodluck Defence And Aerospace Unlisted Shares

Goodluck Defence And Aerospace Unlisted Shares

Private Equity • Unlisted Market

₹469
100NSDL & CDSL
Goodluck Green Energy Limited

Goodluck Green Energy Limited

Private Equity • Unlisted Market

₹170
1000NSDL & CDSL
Graand Prix Luxury Elevators Limited Unlisted Shares

Graand Prix Luxury Elevators Limited Unlisted Shares

Private Equity • Unlisted Market

₹58
1000NSDL & CDSL
Greenzo Energy India Limited Unlisted Shares

Greenzo Energy India Limited Unlisted Shares

Private Equity • Unlisted Market

₹794
100NSDL & CDSL
Gynofem Healthcare Unlisted Shares

Gynofem Healthcare Unlisted Shares

Private Equity • Unlisted Market

₹75
1000NSDL & CDSL
HCIN Networks Private Limited

HCIN Networks Private Limited

Private Equity • Unlisted Market

₹219
600NSDL & CDSL
HDFC Securities Limited Unlisted Shares

HDFC Securities Limited Unlisted Shares

Private Equity • Unlisted Market

₹11,563
10NSDL & CDSL
Hella Infra Market Private Limited

Hella Infra Market Private Limited

Private Equity • Unlisted Market

₹2,56,250
1NSDL & CDSL
Hero Fincorp Limited Unlisted Shares

Hero Fincorp Limited Unlisted Shares

Private Equity • Unlisted Market

₹1,563
25NSDL & CDSL
Hero Motors Limited

Hero Motors Limited

Private Equity • Unlisted Market

₹360
100NSDL & CDSL
Hicks Thermometers India Limited Unlisted Shares

Hicks Thermometers India Limited Unlisted Shares

Private Equity • Unlisted Market

₹2,250
25CDSL ONLY
Himalayan Heli Services Limited

Himalayan Heli Services Limited

Private Equity • Unlisted Market

₹219
100NSDL & CDSL
Hindon Mercantile Limited

Hindon Mercantile Limited

Private Equity • Unlisted Market

₹1,094
100NSDL & CDSL
Hindustan Power Exchange Limited

Hindustan Power Exchange Limited

Private Equity • Unlisted Market

₹42
1000NSDL & CDSL
Hindustan Times Unlisted Shares

Hindustan Times Unlisted Shares

Private Equity • Unlisted Market

₹1,188
100NSDL ONLY
Hindusthan Engineering & Industries Limited Unlisted Shares

Hindusthan Engineering & Industries Limited Unlisted Shares

Private Equity • Unlisted Market

₹1,469
100NSDL & CDSL
Hive Hostels Limited

Hive Hostels Limited

Private Equity • Unlisted Market

₹3,000
100NSDL & CDSL
Honeywell Electrical Devices and Systems India Unlisted Shares

Honeywell Electrical Devices and Systems India Unlisted Shares

Private Equity • Unlisted Market

₹10,625
10NSDL & CDSL
House of Kieraya Limited (Furlenco)

House of Kieraya Limited (Furlenco)

Private Equity • Unlisted Market

₹23
500NSDL & CDSL
ICEX (Indian Commodity Exchange) Limited Unlisted Shares

ICEX (Indian Commodity Exchange) Limited Unlisted Shares

Private Equity • Unlisted Market

₹5
5000NSDL & CDSL
ICL Fincorp Limited Unlisted Shares

ICL Fincorp Limited Unlisted Shares

Private Equity • Unlisted Market

₹32
1000NSDL & CDSL
Imperative Business Ventures Limited

Imperative Business Ventures Limited

Private Equity • Unlisted Market

₹175
1000NSDL & CDSL
Incred Holdings Limited Unlisted Shares

Incred Holdings Limited Unlisted Shares

Private Equity • Unlisted Market

₹207
250NSDL & CDSL
India Carbon Limited Unlisted Shares

India Carbon Limited Unlisted Shares

Private Equity • Unlisted Market

₹1,119
100NSDL & CDSL
India Exposition Mart Ltd Unlisted Share

India Exposition Mart Ltd Unlisted Share

Private Equity • Unlisted Market

₹157
500NSDL & CDSL
Indian Potash Limited Unlisted Share

Indian Potash Limited Unlisted Share

Private Equity • Unlisted Market

₹4,063
25NSDL & CDSL
Indofil Industries Limited Unlisted Shares

Indofil Industries Limited Unlisted Shares

Private Equity • Unlisted Market

₹2,119
25NSDL & CDSL
Inkel Limited Unlisted Shares

Inkel Limited Unlisted Shares

Private Equity • Unlisted Market

₹24
1000NSDL & CDSL
Innov8 Workspaces India Limited

Innov8 Workspaces India Limited

Private Equity • Unlisted Market

₹73
1000NSDL & CDSL
Inox Clean Energy Limited

Inox Clean Energy Limited

Private Equity • Unlisted Market

₹994
100NSDL & CDSL
Inox Leasing and Finance Limited Unlisted Shares

Inox Leasing and Finance Limited Unlisted Shares

Private Equity • Unlisted Market

₹20,625
25NSDL & CDSL
Inox Renewable Solutions Limited

Inox Renewable Solutions Limited

Private Equity • Unlisted Market

₹719
500NSDL & CDSL
Insolare Energy Limited

Insolare Energy Limited

Private Equity • Unlisted Market

₹248
500NSDL & CDSL
Jupiter International Limited

Jupiter International Limited

Private Equity • Unlisted Market

₹444
500NSDL & CDSL
KLM Axiva Finvest Limited

KLM Axiva Finvest Limited

Private Equity • Unlisted Market

₹23
1000NSDL & CDSL
KURLON Enterprise Limited

KURLON Enterprise Limited

Private Equity • Unlisted Market

₹563
100NSDL & CDSL
Kanara Consumer Products Limited

Kanara Consumer Products Limited

Private Equity • Unlisted Market

₹1,282
100NSDL & CDSL
Kannur International Airport Limited

Kannur International Airport Limited

Private Equity • Unlisted Market

₹163
100NSDL & CDSL
Kineco Limited

Kineco Limited

Private Equity • Unlisted Market

₹4,375
25NSDL & CDSL
LAVA International Limited

LAVA International Limited

Private Equity • Unlisted Market

₹48
1000NSDL & CDSL
Lakeshore Hospital

Lakeshore Hospital

Private Equity • Unlisted Market

₹144
100NSDL & CDSL
Lords Mark Industries Limited

Lords Mark Industries Limited

Private Equity • Unlisted Market

₹100
500NSDL & CDSL
Machint Solutions Limited

Machint Solutions Limited

Private Equity • Unlisted Market

₹335
500NSDL & CDSL
Madbow Ventures Limited

Madbow Ventures Limited

Private Equity • Unlisted Market

₹44
1000NSDL & CDSL
Madhur Iron and Steel (India)

Madhur Iron and Steel (India)

Private Equity • Unlisted Market

₹173
5000NSDL & CDSL
Maharaja Shree Umaid Mills Limited

Maharaja Shree Umaid Mills Limited

Private Equity • Unlisted Market

₹169
100NSDL & CDSL
Maharashtra Knowledge Corporation Limited (MKCL)

Maharashtra Knowledge Corporation Limited (MKCL)

Private Equity • Unlisted Market

₹544
100NSDL & CDSL
Manipal Payment & Identity Solutions Ltd (Manipal Cards)

Manipal Payment & Identity Solutions Ltd (Manipal Cards)

Private Equity • Unlisted Market

₹544
100NSDL & CDSL
Manjushree Technopack India Limited

Manjushree Technopack India Limited

Private Equity • Unlisted Market

₹1,282
100NSDL & CDSL
Market Simplified

Market Simplified

Private Equity • Unlisted Market

₹43
1000NSDL & CDSL
Martin and Harris Laboratories Limited

Martin and Harris Laboratories Limited

Private Equity • Unlisted Market

₹1,188
100NSDL Only
Matrix Gas And Renewables Limited

Matrix Gas And Renewables Limited

Private Equity • Unlisted Market

₹38
1000NSDL & CDSL
Maverick Simulation Solutions Limited

Maverick Simulation Solutions Limited

Private Equity • Unlisted Market

₹2,750
100NSDL & CDSL
Maxvalue Credits and Investments Limited

Maxvalue Credits and Investments Limited

Private Equity • Unlisted Market

₹6
5000NSDL & CDSL
Merino Industries Limited

Merino Industries Limited

Private Equity • Unlisted Market

₹3,969
25NSDL & CDSL
Metropolitan Stock Exchange (MSEI)

Metropolitan Stock Exchange (MSEI)

Private Equity • Unlisted Market

₹7.5
2000NSDL & CDSL
Midland Micro Finance Limited

Midland Micro Finance Limited

Private Equity • Unlisted Market

₹244
100NSDL & CDSL
Milton Cycle Industries Limited

Milton Cycle Industries Limited

Private Equity • Unlisted Market

₹244
100NSDL ONLY
Mohan Meakin Limited

Mohan Meakin Limited

Private Equity • Unlisted Market

₹2,657
25NSDL & CDSL
Motilal Oswal Home Finance Limited

Motilal Oswal Home Finance Limited

Private Equity • Unlisted Market

₹17
1000NSDL & CDSL
NCL Buildtek Limited (Previously NCL Alltek & Seccolor Limited)

NCL Buildtek Limited (Previously NCL Alltek & Seccolor Limited)

Private Equity • Unlisted Market

₹285
100NSDL & CDSL
NCL Holdings Limited

NCL Holdings Limited

Private Equity • Unlisted Market

₹160
500NSDL & CDSL
NSE India Limited

NSE India Limited

Private Equity • Unlisted Market

₹2,700
100NSDL & CDSL
National Commodity & Derivatives Exchange (NCDEX) Limited

National Commodity & Derivatives Exchange (NCDEX) Limited

Private Equity • Unlisted Market

₹600
100NSDL & CDSL
National E-Repository Limited (NeRL)

National E-Repository Limited (NeRL)

Private Equity • Unlisted Market

₹78
2000NSDL & CDSL
Nilliampathy Tea & Produce Company Limited

Nilliampathy Tea & Produce Company Limited

Private Equity • Unlisted Market

₹687
100NSDL & CDSL
ORAVEL STAYS LIMITED (Oyo Unlisted Shares)

ORAVEL STAYS LIMITED (Oyo Unlisted Shares)

Private Equity • Unlisted Market

₹51
1000NSDL & CDSL
ORBIS FINANCIAL CORPORATION

ORBIS FINANCIAL CORPORATION

Private Equity • Unlisted Market

₹582
100NSDL & CDSL
Onix Renewable Limited

Onix Renewable Limited

Private Equity • Unlisted Market

₹95
1000NSDL & CDSL
Otis Elevator (India) Limited

Otis Elevator (India) Limited

Private Equity • Unlisted Market

₹4,688
10NSDL & CDSL
PNB Finance & Industries Limited

PNB Finance & Industries Limited

Private Equity • Unlisted Market

₹14,375
10NSDL & CDSL
Parag Parikh Financial Advisory Services Ltd. (PPFAS)

Parag Parikh Financial Advisory Services Ltd. (PPFAS)

Private Equity • Unlisted Market

₹20,313
50NSDL & CDSL
Parry Agro Industries Limited

Parry Agro Industries Limited

Private Equity • Unlisted Market

₹1,500
25NSDL & CDSL
Paymate India Limited

Paymate India Limited

Private Equity • Unlisted Market

₹619
100NSDL & CDSL
PharmEasy

PharmEasy

Private Equity • Unlisted Market

₹9
1000NSDL & CDSL
Polymatech

Polymatech

Private Equity • Unlisted Market

₹88
1000NSDL & CDSL
Power Exchange India Limited (PXIL)

Power Exchange India Limited (PXIL)

Private Equity • Unlisted Market

₹732
1000Only NSDL
RKB Global Limited

RKB Global Limited

Private Equity • Unlisted Market

₹150
500NSDL & CDSL
RRP S4E Innovation

RRP S4E Innovation

Private Equity • Unlisted Market

₹388
1000NSDL & CDSL
Ramaraju Surgical Cotton Mills Limited

Ramaraju Surgical Cotton Mills Limited

Private Equity • Unlisted Market

₹357
100NSDL & CDSL
Raviraj Process Control Ltd

Raviraj Process Control Ltd

Private Equity • Unlisted Market

₹107
2000NSDL & CDSL
Resin & Plastic Limited

Resin & Plastic Limited

Private Equity • Unlisted Market

₹619
100NSDL & CDSL
Roop Telsonic Ultrasonix Limited

Roop Telsonic Ultrasonix Limited

Private Equity • Unlisted Market

₹235
100NSDL & CDSL
Roots Multiclean Limited

Roots Multiclean Limited

Private Equity • Unlisted Market

₹5,000
10NSDL & CDSL
Royalcare Super Speciality Hospitals Limited

Royalcare Super Speciality Hospitals Limited

Private Equity • Unlisted Market

₹179
1000NSDL & CDSL
S3V Vascular Technologies Limited

S3V Vascular Technologies Limited

Private Equity • Unlisted Market

₹438
500NSDL & CDSL
SBI Mutual Fund (SBI Funds Management Limited)

SBI Mutual Fund (SBI Funds Management Limited)

Private Equity • Unlisted Market

₹3,369
25NSDL & CDSL
SMILE Microfinance Unlisted Shares

SMILE Microfinance Unlisted Shares

Private Equity • Unlisted Market

₹103
1000NSDL & CDSL
San Engineering and Locomotive Company Limited Unlisted Shares

San Engineering and Locomotive Company Limited Unlisted Shares

Private Equity • Unlisted Market

₹1,063
50NSDL & CDSL
Schneider Electric President Systems Unlisted Shares

Schneider Electric President Systems Unlisted Shares

Private Equity • Unlisted Market

₹1,563
1000NSDL & CDSL
Shivchem Agro Limited

Shivchem Agro Limited

Private Equity • Unlisted Market

₹90
1600NSDL & CDSL
Sigachi Laboratories Limited Unlisted Shares

Sigachi Laboratories Limited Unlisted Shares

Private Equity • Unlisted Market

₹65
1000NSDL & CDSL
Signify Innovations (Previously Phillips Lighting) India Limited Unlisted Shares

Signify Innovations (Previously Phillips Lighting) India Limited Unlisted Shares

Private Equity • Unlisted Market

₹1,438
50NSDL & CDSL
Skyways Air Services Limited

Skyways Air Services Limited

Private Equity • Unlisted Market

₹194
1000NSDL & CDSL
Spencer and Company Limited Unlisted Shares

Spencer and Company Limited Unlisted Shares

Private Equity • Unlisted Market

₹1,349
25NSDL & CDSL
Spray Engineering Devices Unlisted Shares

Spray Engineering Devices Unlisted Shares

Private Equity • Unlisted Market

₹335
100NSDL & CDSL
Sri Vishnu Shankar Mill Limited Unlisted Shares

Sri Vishnu Shankar Mill Limited Unlisted Shares

Private Equity • Unlisted Market

₹532
50NSDL & CDSL
Srichakra Cement Limited Unlisted Shares

Srichakra Cement Limited Unlisted Shares

Private Equity • Unlisted Market

₹87
250NSDL & CDSL
Sterlite Electric Limited (formerly Sterlite Power) Unlisted Shares

Sterlite Electric Limited (formerly Sterlite Power) Unlisted Shares

Private Equity • Unlisted Market

₹619
100NSDL & CDSL
Sterlite Grid 5 Unlisted Shares

Sterlite Grid 5 Unlisted Shares

Private Equity • Unlisted Market

₹407
100NSDL & CDSL
TRL Krosaki Refractories Limited Unlisted Shares

TRL Krosaki Refractories Limited Unlisted Shares

Private Equity • Unlisted Market

₹2,313
25NSDL
Tea Time Unlisted Shares

Tea Time Unlisted Shares

Private Equity • Unlisted Market

₹45
1000NSDL & CDSL
Ticker Limited

Ticker Limited

Private Equity • Unlisted Market

₹43
1000NSDL & CDSL
Transline Technologies Limited

Transline Technologies Limited

Private Equity • Unlisted Market

₹175
1000NSDL & CDSL
Urban Tots Unlisted Shares

Urban Tots Unlisted Shares

Private Equity • Unlisted Market

₹78
1000NSDL & CDSL
Usha Shriram Unlisted Share

Usha Shriram Unlisted Share

Private Equity • Unlisted Market

₹244
500NSDL & CDSL
Utkarsh Micro Finance(Core Invest) Unlisted Shares

Utkarsh Micro Finance(Core Invest) Unlisted Shares

Private Equity • Unlisted Market

₹244
100NSDL & CDSL
VCI Chemicals Industries

VCI Chemicals Industries

Private Equity • Unlisted Market

₹79
5000NSDL & CDSL
Veeda Clinical Research Limited

Veeda Clinical Research Limited

Private Equity • Unlisted Market

₹575
100NSDL & CDSL
XtraNet Technologies Pvt. Ltd.

XtraNet Technologies Pvt. Ltd.

Private Equity • Unlisted Market

₹219
2500NSDL & CDSL
Zak Venture Ltd

Zak Venture Ltd

Private Equity • Unlisted Market

₹207
1000NSDL & CDSL

All investments are secured & compliant with SEBI regulations.

For investors willing to take on higher risk for potentially higher reward, pre-IPO shares are a way to enter a company’s equity story before it lists. Several of India’s biggest listing successes — names like Tata Technologies, IREDA, and Hyundai India — rewarded early investors who got in before the public issue. Browse the full list of companies currently available on our Pre-IPO & Unlisted Shares page.

How Pre-IPO Share Pricing Works

Listed share prices move on live exchange demand. Unlisted share prices don’t — they’re set by private transactions between buyers and sellers. Pricing is shaped by the company’s latest financials (revenue, profit, net worth), its expected IPO timeline, the sector outlook, and valuations from recent funding rounds. Prices can swing with demand in the unlisted market, and they may not line up with the eventual IPO price band.

Who Should Consider Unlisted Shares?

Pre-IPO investing suits investors who:

  • Have a long-term horizon — 12 to 36 months or more
  • Can tolerate low liquidity — these shares can’t be sold instantly on an exchange
  • Accept uncertain timelines — a company may delay or shelve its IPO entirely
  • Are comfortable with limited disclosure — unlisted companies don’t publish quarterly results the way listed firms do

It’s not suited to beginners or anyone who may need quick access to their capital.

Risk Factors to Consider

  • Liquidity Risk — there’s no exchange to exit on; you’ll need to find a buyer through an off-market transfer
  • Valuation Risk — the price you pay today may be above or below the eventual IPO or listing price
  • Lock-in Period — non-promoter pre-IPO shareholders face a 6-month lock-in after listing, so you can’t sell on Day 1
  • Information Asymmetry — financial data is often thinner than for listed companies

How to Read This Table

The table below lists 150+ unlisted and pre-IPO companies currently available in the Indian market. Each entry shows the current indicative price per share, minimum lot size, and depository support (NSDL / CDSL). Click “View Details” on any company for its financial overview and investment profile — or see them all on the Pre-IPO stocks list.

All pre-IPO investments are facilitated through off-market share transfers compliant with depository regulations. ShareBazaarOnline does not hold inventory — we connect buyers and sellers through verified channels.

Disclaimer: Investing in unlisted shares carries substantial risk. Prices shown are indicative and based on prevailing market demand. Past performance of similar companies is not a guarantee of future returns. Please consult a qualified financial advisor before investing.

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