Empire Advisors

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Unlisted Shares

Empowering Early Investment Opportunities in India

Welcome to Our Unlisted Share Investment Platform

We provide a structured and reliable approach to investing in unlisted shares in India. Our
goal is to help investors make informed decisions by offering updated market insights,
indicative pricing, and expert guidance.

Whether you are a beginner or an experienced investor, our platform simplifies access to
private market opportunities.

What Are Unlisted Shares?

Unlisted shares are equity shares of companies that are not traded on recognised stock exchanges such as NSE or BSE.
These shares are typically held by:

  • Private investors
  • Company promoters
  •  Employees (ESOP holders)
  • Institutional investors

Transactions in such shares happen through off-market or private deals.

Unlisted Shares List

NoCompanyFace ValueMCAPCurrent PriceIndustrySub-IndustryToday’s RateValuationPre-IPO Probability
1A One Steels India Ltd10520.4145Metals & SteelSteel Products145FairLow
2ABG Shipyard10120.62ShipbuildingShipyard2UndervaluedLow
3Abhitech Energycon10417.2417EnergyRenewable EPC417FairLow
4Absolute Sports109365.69365MediaSports Media9365PremiumMedium
5Accentia Technologies Ltd105.15ITHealthcare IT5UndervaluedLow
6Acevector10193.8194E-commerceDigital Retail194FairMedium
7Acko General Insurance10145.9146Financial ServicesInsurance146FairHigh
8ACS Technologies1028.629ITIT Services29UndervaluedLow
9ADOR Powertron10410.3980IndustrialsPower Electronics980FairLow
10Adroit Industries1095.2120ChemicalsSpecialty Chemicals120UndervaluedLow
11Agarwal Bolts1060.875IndustrialsFasteners75UndervaluedLow
12Aggarsain Spinners1088.5110TextilesYarn Manufacturing110UndervaluedLow
13Agilus Diagnostics105200950HealthcareDiagnostics950PremiumHigh
14Aidnix Software1045.365ITSaaS Solutions65UndervaluedLow
15Airtel Payments Bank108500720BankingPayments Bank720PremiumHigh
16AITMC Ventures10120.7210TechnologyDigital Ventures210FairLow
17Ajanta Manufacturing10410350Consumer GoodsClocks & Appliances350FairLow
18Ajay Bio-Tech India10300.2265ChemicalsBio Chemicals265FairLow
19Akash Agro Industries10150.6180AgriAgro Processing180FairLow
20Amar Remedies10210.8320HealthcarePharmaceuticals320FairMedium
21Ambience Developers & Infrastructure106500680Real EstateCommercial Real Estate680PremiumMedium
22Amol Minechem10700420MiningIndustrial Minerals420FairLow
23Amrut Dredging and Shipping10980.5540InfrastructureDredging Services540FairLow
24Anglo French Drugs & Industries10950820HealthcarePharmaceuticals820FairLow
25Anheuser Busch Inbev10150001250FMCGBeverages1250PremiumLow
26ANI Technologies10250001800TechnologyRide-Hailing (Ola)1800PremiumHigh
27Ankur Drugs & Pharma Ltd10180.5210HealthcarePharmaceuticals210FairLow
28Ankur Marketing1075.395ConsumerTrading & Distribution95UndervaluedLow
29Annai Infra Developers Ltd10320.7185InfrastructureReal Estate Development185FairLow
30Anugraha Valve10410.6520IndustrialsValve Manufacturing520FairLow
31Anu's Laboratories10260.4310ChemicalsSpecialty Chemicals310FairLow
32Apeejay Tea101200980FMCGTea Plantation980FairLow
33APL Metals10540.8620Metals & SteelMetal Products620FairLow
34Apollo Fashion10780.2690RetailApparel Retail690FairMedium
35Apollo Green Energy Ltd102200880EnergyRenewable Energy880PremiumMedium
36APR Constructions10650.5540InfrastructureConstruction540FairLow
37Arch Pharmalabs1021001250HealthcareAPI Manufacturing1250PremiumMedium
38Aricent Technologies10180002100ITEngineering R&D2100PremiumHigh
39Arihant Classic Finance10140.3180Financial ServicesNBFC180FairLow
40Arkfin Investments10210.6260Financial ServicesInvestment Company260FairLow
41Arohan Financial103500920Financial ServicesMicrofinance920PremiumHigh
42Arraycom India10480.9610TelecomTelecom Equipment610FairLow
43Ashapura Intimates Fashion10300.2220TextilesApparel Manufacturing220FairLow
44Ashoka Viniyoga10110.7140Financial ServicesInvestment Firm140UndervaluedLow
45Asiatic Colour-Chem Industries10190.5240ChemicalsDyes & Pigments240FairLow
46Asirvad Micro Finance104200780Financial ServicesMicrofinance780PremiumHigh
47ASK Investment Managers10120001800Financial ServicesAsset Management1800PremiumHigh
48Assam Carbon10850950ChemicalsCarbon Products950FairLow
49Auckland International1095.6140TradingExport-Import140UndervaluedLow
50Aurangabad Electricals102800720AutomobileAuto Components720FairMedium
51Autoriders Finance10150.4210Financial ServicesNBFC210FairLow
52AV Thomas101800950FMCGFood & Beverages950FairLow
53Avana Logistek10320.5410LogisticsWarehousing & Logistics410FairMedium
54Axio102500820FintechDigital Lending820PremiumHigh
55Axis Max Life10450001100Financial ServicesLife Insurance1100PremiumHigh
56Axles India102100780AutomobileAuto Components780FairLow
57Bagrrys India10950.3620FMCGHealth Foods620FairMedium
58Bajaj Energy108500980EnergyPower Generation980FairMedium
59Balaji Speciality Chemicals104200880ChemicalsSpecialty Chemicals880PremiumMedium
60Balasore Alloys Ltd101200340Metals & SteelFerro Alloys340FairLow
61Balmer Lawrie Van Leer10950.6720PackagingIndustrial Packaging720FairLow
62BankBazaar103200210FintechDigital Lending Marketplace210FairHigh
63Bateli Tea10120.4160FMCGTea Plantation160UndervaluedLow
64Bazar India107224RetailValue Retail Chain24UndervaluedMedium
65Beetel Teletech10850640TelecomTelecom Equipment640FairLow
66Bellary Steel10420.8310Metals & SteelSteel Manufacturing310FairLow
67Berar Finance10337.5225Financial ServicesNBFC225FairMedium
68Betul Oil10210.6275FMCGEdible Oil275FairLow
69Bhagheeratha Engineering10540.3420InfrastructureEngineering Services420FairLow
70Bharat Aluminium10150004200Metals & SteelAluminium Products4200PremiumLow
71Bharat Hotels Ltd108000950HospitalityHotels & Resorts950FairMedium
72Bharat Nidhi10320.5410Financial ServicesNidhi Company410FairLow
73BharatPe1012000850FintechDigital Payments850PremiumHigh
74Bhatkawa Tea10110.2140FMCGTea Plantation140UndervaluedLow
75BIBA Fashion Ltd105000780RetailApparel Brand780PremiumMedium
76BigBasket121781.51950E-commerceOnline Grocery1950PremiumHigh
77BillDesk10150001250FintechPayment Gateway1250PremiumHigh
78Bilpower10210.4260InfrastructurePower Transmission260FairLow
79Binani Industries101200180Metals & SteelCement & Metals180UndervaluedLow
80Bira10854.5128FMCGCraft Beer128FairMedium
81Birla Power Solutions10180.695EnergyPower Equipment95UndervaluedLow
82Bitkuber Investments1095.3120Financial ServicesInvestment Company120UndervaluedLow
83Blinkit113000950E-commerceQuick Commerce950PremiumHigh
84Blossom Industries10240.5310FMCGFood Processing310FairLow
85BLSX10410.7520TechnologyDigital Platform520FairLow
86BoAt112791.4975Consumer GoodsWearables & Audio975PremiumHigh
87Bolzen and Mutter10320.6410AutomobileAuto Components410FairLow
88BookMyShow10150001800Media & EntertainmentTicketing Platform1800PremiumHigh
89Bootes Impex10723.4975InfrastructureGreen Buildings975PremiumMedium
90Bormahjan Tea1090.5115FMCGTea Plantation115UndervaluedLow

Unlisted Share Price List in India

We maintain an indicative price list of unlisted shares, which is regularly updated based on:

  • Market demand and supply
  • Recent transactions
  • Company performance
  • Investor interest

 Note: Prices in the unlisted market are not fixed and may vary depending on deal size and availability.

Why Consider Investing in Unlisted Shares?

✔ Potential for Higher Returns
Since these shares are not actively traded, they may sometimes be available at attractive valuations, offering long-term growth potential.

✔ Portfolio Diversification
Investors can gain exposure to companies and sectors not available in listed markets.

✔ Early-Stage Opportunities
Access to startups and pre-IPO companies with future listing potential.

✔ Long-Term Investment Approach
Unlisted investments encourage focusing on business fundamentals rather than short-term price movements.

✔ Direct Ownership
Investors get direct equity participation, sometimes with more influence compared to listed markets.

Risks of Unlisted Share Investments

Liquidity Risk
Selling unlisted shares can take time due to limited buyers.

Limited Information
Private companies may not disclose financials as frequently as listed firms.

Valuation Challenges
Prices are not market-driven, making fair valuation difficult.

Higher Risk
Many unlisted companies are in early stages and may not have a proven track record.

Regulatory Considerations
Lower regulatory visibility compared to listed companies requires extra due diligence.

How to Invest in Unlisted Shares?

Step 1: Research the Company

  • Review financials
  • Understand business model
  • Analyse growth potential

Step 2: Complete KYC

  •  PAN Card
  • Bank details
  • Demat account

Step 3: Confirm Deal Terms

  • Price per share
  • Quantity
  • Transaction structure

Step 4: Make Payment
Payment is made through a registered bank account.

Step 5: Receive Shares
Shares are transferred to your Demat account via off-market transfer, usually within a few working days.

Step 6: Track Your Investment
Regularly monitor company performance and market updates.

Important Disclaimer

The information provided above is strictly for educational and informational purposes only.
Unlisted shares are not traded on stock exchanges like NSE or BSE and may involve higher
risks, including low liquidity, limited transparency, and valuation uncertainties.

Investors should conduct their own research or consult a qualified financial advisor before
making any investment decisions. Past performance and data trends do not guarantee future
returns.

Empire Advisors – PreIPOInfo.com does not provide any buy/sell recommendations

FAQs

Q1. What is an unlisted stock?
An unlisted stock is a share that is not traded on any recognised exchange.

Q2. Can I buy unlisted shares through stock exchanges?
No, these shares are traded only via private/off-market transactions.

Q3. Is investing in unlisted shares risky?
Yes, these investments carry higher risk due to limited liquidity and information.

Q4. Can I invest online in unlisted shares?
Yes, many platforms facilitate online transactions after KYC completion.

Q5. Can I sell unlisted shares?
Yes, but you need to find a buyer in the private market.

Q6. Is it legal to trade unlisted shares in India?
Yes, provided all regulatory and tax rules are followed.

Q7. Can I take a loan against unlisted shares?
Yes, but loan value may be lower due to liquidity constraints.

Q8. How are ESOP shares sold?
ESOP shares can be sold via off-market transfer, subject to company policies.

Q9. What is the tax on unlisted shares in India?

Tax depends on the holding period and applicable capital gains rules. Consulting a tax expert is advisable.

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