Unlisted shares are stocks or financial instruments that can be traded over the counter, also known as over-the-counter securities or OTC. They are not available for trading on stock markets. These are equities of newer or smaller companies. They lack the qualifications to comply with stock exchange listing requirements such as listing fees, market capitalizations, etc. However, because unlisted stocks are not monitored, they pose more dangers. This article explains how to buy unlisted shares online in India, where to buy unlisted shares in India, and the dangers and aspects to consider before purchasing these shares.
How do I purchase unlisted shares online?
If you’ve been wondering how to buy unlisted shares online, your search is over. We are a group of professionals based in Mumbai who assist investors in investing in unlisted stocks online.
The following is a step-by-step procedure for purchasing unlisted shares/pre-IPO shares.
Step 1: A deal is proposed on WhatsApp or via email between the unlisted deal and the buyer.
Step 2: The buyer delivers a client master copy for the transfer of shares, a PAN card copy, an Aadhar card copy, and a canceled cheque. Once the documentation provided is in order, the transaction is confirmed.
Step 3: The buyer transfers the deal amount to the bank account information we supply and provides us with the remitter name, bank account number, bank name, and UTR number for the cash transferred to us.
Step 4: We will transfer the shares to the buyer’s account the same day we receive the money and issue the contract note.
How to verify receipt of unlisted shares/pre-IPO shares purchased online:
The receipt of shares can be verified instantaneously in your Demat account.
CDSL account holders can confirm receipt of shares purchased online through the myeasi CDSL app.
iPhone Android
NSDL account holders can monitor the receipt of shares purchased online through the NSDL Android app.
iPhone Android
Tell me about the unlisted share price
Suppose a firm wishes to be listed on the standard stock exchange. In that case, it must be a public limited company capable of generating substantial revenue, affording the exchange’s listing cost, and possessing a specific number of shares. It is difficult to be listed on a stock exchange, which is why unlisted shares pose dangers to investors.
An unlisted public company is a firm that can have an infinite number of shareholders to generate funds for any commercial enterprise but is not listed on any stock exchange. The trading frequency of unlisted shares is erratic and largely dependent on private transactions. Its volatility would be lower, and the price would be based on the predicted capital worth.
Unlisted shares are those that have not been registered with a stock exchange and hence do not appear on any stock exchange list. Owners of unlisted shares are denied the protection afforded to holders of listed shares by the stock market. This will inform you of the unlisted share price.
Conclusion
These shares are also difficult to sell and represent a high level of risk. The greater a share’s liquidity, the more exchanges it is listed on. Unlisted stocks are not currently listed on the stock exchange but hope to be listed on the stock exchange in the future, and there is a large market for Unlisted Securities in India. Buy and sell unlisted shares in India, trade unlisted shares in India, and deal in delisted shares in India.
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