Investing in unlisted shares can offer the potential for significant capital gains, especially if the company eventually goes public (via an IPO) or is acquired at a premium. Unlisted shares allow investors to invest in growing companies at a potentially lower valuation than post-IPO prices. However, they come with higher risks due to the lack of liquidity, transparency, and the company's business risks.

To purchase unlisted shares

• Browse through the available unlisted stocks on our platform.
• Once you identify the stock you wish to purchase, our sales team will confirm availability and provide the final price
• After receiving the final price, you need to confirm the deal by submitting your KYC documents (PAN, Aadhar, Client Master Report, Cancelled Cheque) and the signed declaration.
• Payment will be processed, and shares will be transferred to your Demat account at the earliest.

You'll need to provide the following documents for KYC compliance:

• PAN(Self-Attested)
• Address Proof (Self-Attested)
• NRI Customer Foreign Address Proof
• Latest CMR/CML (not older than 7 days) in soft copies.
• Cheque copy or Bank Statement
• Additional KYC Documents for NON-Individual. (Stamped and Signed by Authorised Signatory)

Investing in unlisted shares is risky due to factors such as:

Liquidity: Unlisted shares cannot be traded freely on the stock market, so selling them can take longer.
Lack of Information: These companies are not subject to the same disclosure requirements as listed companies, making it difficult to assess their financial health.
High Volatility: The price of unlisted shares can fluctuate widely, especially in the grey market.
Regulatory Risks: There may be regulatory or legal challenges related to unlisted investments.

Listed shares are traded on recognized stock exchanges, offering liquidity and transparency, while unlisted shares are privately traded and do not have the same regulatory oversight, making them more illiquid and riskier.

However, unlisted shares can offer higher potential returns if the company grows and decides to go public.

The price of unlisted shares is determined basis considering factors such as supply and demand, company performance, and market sentiment.

The standard process takes 1-2 business days, depending on the completion of KYC, payment processing, and the successful transfer of shares to your Demat account.

Once you confirm the price, you will need to:

• Submit your KYC documents
• Confirm the payment.
• Our operations team will process the purchase initiating the transfer, and confirming the receipt of shares in your Demat account
• You will be notified once the process is complete.

You can track your unlisted shares through our dedicated FinTrack dashboard, which allows you to view your portfolio's current valuation, transaction history, and holding statements.

Yes, Unlisted shares can be sold. If you wish to sell your unlisted shares:

• Notify our sales team with the details of your holding.
• Our team will get back with the best available price.
• You will need to transfer your shares to our designated Demat account.
• Once the transfer is complete, the payment will be processed at the earliest.

After the shares are successfully transferred to our Demat account, the payment will be processed and credited to your bank account within 1-2 days.

Yes, it is legal to invest in unlisted shares in India.

While pledging unlisted shares for a loan is possible, it depends on the lender’s policies.

Some banks and financial institutions may accept unlisted shares as collateral, but it is subject to strict valuation and credit terms.

• Short-term capital gains: If unlisted shares are sold within 24 months, short-term capital gains are taxed as per the investor’s income tax slab
• Long-term capital gains: If held for more than 24 months, long-term capital gains are taxed at 12.5% with indexation benefits.

Yes, unlisted shares can be transferred to another person through an off-market transaction, subject to regulatory requirements and proper documentation. Both the buyer and seller will need to complete KYC and AML screening.

If a company you invested in through unlisted shares goes public, your unlisted shares will automatically be converted into listed shares once the company is listed on a recognized stock exchange.