Get access to unlisted shares of India's most promising companies at pre-IPO valuations. Join 15,000+ investors who invested early and benefited from multi-bagger returns.
From registration to ownership — a simple, transparent, fully digital process
Submit PAN, Aadhaar, and link your CDSL/NSDL Demat account. One-time digital process — no paperwork.
Browse our curated list of 100+ unlisted stocks. Filter by sector, price range, and IPO readiness score.
Select quantity and confirm price. Our team matches you with a verified seller from our network.
Pay via NEFT/RTGS/UPI directly to the seller's bank account. You receive a stamped deal letter.
Shares are transferred to your Demat account via off-market transfer within T+2 days. 100% documented.
When the company lists on NSE/BSE, your shares become tradeable. Sell on listing day or hold for more.
An institutional-grade asset class now accessible to retail investors
Illustrative example — actual returns vary
When a company goes public, its share price is already set by institutional investors at a premium. As a pre-IPO investor, you enter at a significantly lower valuation — often 40–70% cheaper than the IPO price.
Unlisted shares are an uncorrelated asset class — their value is driven by company fundamentals and upcoming IPO, not daily Sensex or Nifty movements. This makes them a powerful diversification tool.
Buying unlisted shares through ArthOne is completely legal under SEBI and Indian Companies Act. All transactions go through off-market demat transfers via CDSL/NSDL — the same infrastructure used by NSE/BSE.
Unlike physical shares or other alternative assets, unlisted share transfers complete within 2 working days via CDSL/NSDL — faster than many alternative investments.
Start with as little as ₹25,000–₹50,000 for most companies. No need to be an HNI or institutional investor to access pre-IPO opportunities.
Our research team provides detailed company analysis, IPO readiness score, and target price estimates to help you make informed decisions.
Unlisted shares held for 24+ months qualify for Long Term Capital Gains (LTCG) at 20% with indexation benefit — same as real estate investing.
Invest across Fintech, EV, SaaS, NBFC, Sports, E-commerce, and more — emerging sectors with the highest growth potential in India's economy.
Every seller in our network is verified for authenticity of shares. We hold shares in escrow until payment confirmation — zero counterparty risk for you.
See how your investment could grow from pre-IPO to post-listing
Everything you need to know about unlisted share investing
Unlisted shares are equity shares of companies that have not yet listed on stock exchanges like NSE or BSE. These companies are often in their growth phase, preparing for an IPO (Initial Public Offering). You can buy/sell these shares legally through off-market demat transfers. Once the company lists, your shares become freely tradeable on the exchange.
Yes, completely legal. Trading unlisted shares is governed by the Indian Companies Act and SEBI guidelines. Transfers happen through CDSL/NSDL off-market transfer mechanism — the same infrastructure used by NSE and BSE. You receive a proper deal letter, and shares are credited directly in your Demat account with all documentation. There are no restrictions on buying/selling unlisted shares for Indian residents.
Most unlisted shares have a minimum lot size of 50–200 shares. Depending on the company, the minimum investment typically ranges from ₹25,000 to ₹1,00,000. Some companies have higher minimum tickets. There is no upper limit — institutional and HNI investors also participate. Our team will guide you on the exact lot size and amount for each company.
Minimum recommended holding is 12–24 months. Holding for 24+ months qualifies you for Long Term Capital Gains (LTCG) at 20% with indexation benefit. Most investors hold until IPO listing and sell at a premium on listing day. Some hold post-listing for additional gains. Never invest with the intention of short-term flipping — unlisted shares are medium-to-long-term investments.
Tax on unlisted shares works as follows: If held for less than 24 months — Short Term Capital Gains (STCG) added to your income and taxed at slab rate. If held for 24 months or more — Long Term Capital Gains (LTCG) at 20% with indexation benefit (similar to real estate). Once the company lists on exchange, taxation shifts to standard equity rules (LTCG at 10% after 12 months). We recommend consulting your CA for personalised tax planning.
IPO delays are possible but not uncommon. If delayed, your shares remain in your Demat account and continue to hold value. The company still operates and may pay dividends. If an IPO is cancelled entirely (rare), you can still sell your shares in the unlisted market — there's always an active over-the-counter (OTC) market. However, this is why we recommend investing only in companies with strong IPO pipeline evidence. Our research team evaluates each company's IPO readiness before listing it.
Unlisted share prices are determined by supply and demand in the OTC (Over-The-Counter) market. Key factors that influence pricing: Company's latest financial performance (revenue, profit), valuation of listed peers in the same sector, recent fundraising rounds (ESOP valuations, VC funding rounds), proximity to IPO filing date, and overall market sentiment. Prices are not fixed — they fluctuate. We provide you with fair value estimates and research reports for each company.
Once your payment is confirmed: (1) We share a deal letter confirming the transaction, (2) The seller initiates an off-market demat transfer from their Demat account to yours via CDSL/NSDL, (3) You receive a transfer request in your Demat account — accept it, (4) Shares are credited to your Demat account within T+2 working days. You will receive a physical or digital share certificate as proof of ownership. The entire process is traceable and documented.
Yes, you can sell unlisted shares before an IPO in the OTC market. The process is the same as buying — you find a buyer (ArthOne helps match buyers and sellers), agree on a price, and transfer shares via off-market demat transfer. However, note that: (1) Liquidity is lower than listed markets, (2) Finding a buyer may take 7–30 days, (3) Selling before IPO means missing potential listing gains. We recommend selling in the OTC market only if you urgently need liquidity.
General pre-IPO investors (retail buyers like you) have no mandatory lock-in period — you can sell in the OTC market anytime. However, promoters and pre-IPO institutional investors may have a 6-month SEBI-mandated lock-in post-listing. This is important: the institutional lock-in expiry date is a key moment — when large investors can sell, prices may dip. Our advisory team factors this into exit timing recommendations for our investors.
Yes, a Demat account is mandatory. Since transfers happen via CDSL/NSDL off-market transfer, you must have an active Demat account with any registered Depository Participant (DP) such as Zerodha, Groww, ICICI Direct, HDFC Securities, Angel One, etc. You also need: (1) PAN card, (2) Aadhaar card for KYC, (3) Bank account linked to your Demat DP. If you don't have a Demat account, we can guide you to open one — it takes 24–48 hours online.
Our research team evaluates each company on 8 parameters: (1) Revenue growth trajectory, (2) Profitability or path to profitability, (3) Sector tailwinds, (4) IPO filing status and DRHP, (5) Promoter credibility, (6) Valuation vs listed peers, (7) Recent funding rounds and VCs involved, and (8) OTC market demand. Only companies that pass our screening are listed on ArthOne. Each listing comes with a company brief, risk rating, and target IPO price estimate. You can also speak to our advisory team before investing.
Join 15,000+ investors who are already building wealth with unlisted shares through ArthOne.