Unlisted shares are the shares of the company that are not listed on stock exchanges. These shares are traded over-the-counter between two people who know each other or through a broker who deals in unlisted securities.
Buy Unlisted shares of-
1. Tata Capital
2. Swiggy
3. OYO
4. BOAT
5. HDB Financial
6. Waree Energies
7. BIRA
8. CAPGEMINI
9.Chennai Super Kings
10. Hero Fincorp
11. ESL Steels Limited
12. Polymatech Electronics Limited
13. PHILIPS India Limited
14. Indofil Industries Limited
15. Vikram Solar Limited
The unlisted shares include the following:
- Pre-IPO Shares - Shares provided by companies seeking an IPO.
- Delisted Shares - Shares delisted by the exchanges or the companies delisted voluntarily.
- Shares issued in private placements.
- ESOP Shares - Shares issued under employee stock options.
- Shares held by group shareholders of private companies.
Unlisted Shares Advantages
- Opportunity to invest in the company at an early stage.
- No feeling of insecurity for allotment once the company announces an IPO.
- Possibility of better returns.
- Helps diversify the investment.
- Unlisted shares are traded in dematerialised form and are held in demat account.
Unlisted shares Disadvantages
- Risky transaction as its not backed by the stock exchanges.
- Longer transaction time.
- Lack of liquidity.
- Higher investment amount as the minimum lot size required to purchase is higher.
- Only a few dealers available for transactions.
- The investment in unlisted shares is beneficial when done for a long-term period.