How to Buy Unlisted Shares in India

Buying unlisted shares in India is more straightforward than most first-time investors expect. This guide walks through the exact steps, what each one costs, and how to avoid the common mistakes. When you are ready, you can browse live prices on the unlisted shares catalogue or read the broader complete guide to unlisted shares.

Step 1: Open (or use) a demat account

Unlisted shares are held in dematerialised form, so you need a demat account with any NSDL or CDSL depository participant. If you already invest in listed stocks, your existing demat account works. The unlisted shares you buy are transferred into this same account.

Step 2: Choose the company you want to buy

Browse the Neoma Capital catalogue of 500+ unlisted and pre-IPO companies, filter by sector, and review the research-backed indicative price, fundamentals and ISIN for each. Compare against the daily unlisted share price list so you know the current level before you commit.

Step 3: Complete KYC

Complete a digital KYC — PAN, demat details and a signed agreement — usually in under 15 minutes. Our operations team handles the documentation so you do not have to chase paperwork.

Step 4: Confirm price and make payment

The indicative price is confirmed as a final price before the trade. You transfer the agreed amount to the counterparty through the documented process, and the transaction is recorded with a contract note for your records.

Step 5: Receive shares by demat transfer

The shares are moved from the seller’s demat account to yours through an NSDL or CDSL off-market (demat-to-demat) transfer, typically settled on a T+1 business-day basis with a full audit trail. Once credited, the unlisted shares appear in your demat holdings just like any other security.

What does it cost?

You pay the agreed price per share. There may be nominal depository or transfer charges levied by your DP. Neoma Capital shares indicative prices upfront with no hidden fees — the final price is confirmed before any transfer. Model your post-tax outcome with our free investor tools.

Risks to weigh before you buy

• Liquidity: exits depend on finding a buyer, a buyback or an eventual listing.
• Valuation: prices are indicative and can move on new information.
• No guaranteed IPO: a listing may be delayed or may not happen.

For a tailored shortlist that fits your risk appetite, explore HNI advisory or book a free call with a CA advisor.