Unlisted & Pre-IPO Shares Price Tracker
Indicative OTC market prices for 25+ companies before they go public. Track DRHP status, expected IPO dates and company financials.
25+
Companies Tracked
15
With IPO Pipeline
6
DRHP Filed
Daily
Updated
Disclaimer: Prices shown are indicative OTC (over-the-counter) market rates sourced from unlisted share dealers. These are NOT official exchange prices. Investing in unlisted shares carries significant risk including illiquidity. This is for informational purposes only — not investment advice.
🔥 Most Watched
Highest investor interestShowing 25 companies
boAt (Imagine Marketing)
Technology & IT
₹853
▲0.0%
Min: 5 shares = ₹4,265
PhonePe
Banking & Finance
Price N/A
Garuda Aerospace
Manufacturing
₹468
▼3.5%
Min: 10 shares = ₹4,680
Milky Mist Dairy Food
Consumer & Retail
Price N/A
SBI Funds Management
Banking & Finance
₹768
▼0.9%
Min: 25 shares = ₹19,200
Tata Capital
Banking & Finance
Price N/A
OYO (Oravel Stays)
Consumer & Retail
₹24
▲0.0%
Min: 500 shares = ₹12,000
Zepto (Kiranakart Technologies)
Technology & IT
₹42
▼14.3%
Min: 100 shares = ₹4,200
Flipkart
Technology & IT
Price N/A
National Stock Exchange (NSE)
Banking & Finance
₹1,999
▲0.5%
Min: 25 shares = ₹49,975
Reliance Jio Infocomm
Technology & IT
Price N/A
Apollo Green Energy
Power & Energy
₹56
▼3.4%
Min: 50 shares = ₹2,800
ESDS Software Solution
Technology & IT
₹485
▲8.3%
Min: 25 shares = ₹12,125
Inox Clean Energy
Power & Energy
₹725
▲0.0%
Min: 10 shares = ₹7,250
Lava International
Technology & IT
₹52
▲0.0%
Min: 100 shares = ₹5,200
Chennai Super Kings Cricket (CSK)
Media & Entertainment
₹254
▼3.8%
Min: 10 shares = ₹2,540
ASK Investment Managers
Banking & Finance
₹895
▼3.2%
Min: 5 shares = ₹4,475
Cochin International Airport (CIAL)
Infrastructure & Construction
₹444
▲1.4%
Min: 10 shares = ₹4,440
India Carbon Limited
Manufacturing
₹895
▲0.0%
Min: 10 shares = ₹8,950
Indian Potash Limited
Agriculture
₹2,750
▼3.5%
Min: 5 shares = ₹13,750
Motilal Oswal AMC
Banking & Finance
₹12.25
▼5.4%
Min: 200 shares = ₹2,450
MSEI (Metropolitan Stock Exchange)
Banking & Finance
₹6.35
▲1.6%
Min: 500 shares = ₹3,175
NCDEX (National Commodity Exchange)
Banking & Finance
₹364
▼5.2%
Min: 25 shares = ₹9,100
PharmEasy (API Holdings)
Healthcare & Pharma
₹6.25
▲0.0%
Min: 1000 shares = ₹6,250
Signify Innovations (Philips Lighting)
Manufacturing
₹1,250
▲0.0%
Min: 3 shares = ₹3,750
🚀 IPO Pipeline — Companies with Active DRHP
Companies that have filed Draft Red Herring Prospectus (DRHP) with SEBI and are expected to list soon.
| Company | Status | Expected IPO | Est. Valuation | Unlisted Price | DRHP |
|---|---|---|---|---|---|
| boAt (Imagine Marketing) Technology & IT | DRHP Filed | Q2-Q3 2026 | ₹12,000 Cr | ₹853 | — |
| PhonePe Banking & Finance | DRHP Filed | H2 2026 | ₹1,25,000 Cr | — | View PDF → |
| OYO (Oravel Stays) Consumer & Retail | Confidential DRHP | H2 2026 | ₹55,000 Cr | ₹24 | — |
| Zepto (Kiranakart Technologies) Technology & IT | Confidential DRHP | H2 2026 | ₹50,000 Cr | ₹42 | — |
| Garuda Aerospace Manufacturing | DRHP Filed | Late 2026 | ₹4,500 Cr | ₹468 | — |
| Milky Mist Dairy Food Consumer & Retail | DRHP Filed | Q3 2026 | ₹10,000 Cr | — | — |
| SBI Funds Management Banking & Finance | DRHP Filed | Q3 2026 | ₹80,000 Cr | ₹768 | View PDF → |
| Tata Capital Banking & Finance | DRHP Filed | Q3 2026 | ₹1,20,000 Cr | — | — |
What are Unlisted Shares?
Unlisted shares are equity shares of companies not yet traded on NSE or BSE. They trade in an over-the-counter (OTC) market between dealers and investors. In India, popular unlisted shares include NSE itself, Chennai Super Kings (CSK), Indian Potash, and pre-IPO startups like Zepto and OYO.
Pre-IPO vs Unlisted Shares
Unlisted Shares
The broader category — any share not traded on a public exchange. Includes companies with no IPO plans.
Pre-IPO Shares
A subset — unlisted shares of companies that have filed (or are expected to file) for an IPO soon. Investors hold for listing gains after the 6-12 month lock-in.
How are Unlisted Share Prices Determined?
Unlisted share prices are driven by demand-supply dynamics in the OTC market. Dealers maintain buy and sell quotes (similar to a bid-ask spread). Prices move based on:
⚠️ Since there is no central exchange, prices can vary between dealers by 2-5%.
⚠️ Risks of Investing in Unlisted Shares
How to Buy Unlisted Shares in India
Complete KYC
Register and complete KYC with a SEBI-registered unlisted shares platform (UnlistedZone, Altius Investech, Precize).
Choose company & quantity
Select the company and quantity (subject to minimum lot size set by the dealer).
Transfer payment
Pay via NEFT/RTGS to the platform's registered bank account.
Receive shares in demat
Shares are transferred to your demat account via off-market transfer (CDSL/NSDL). Takes 1-3 days.
Hold or sell
Hold in your demat and sell back via the platform, or wait for the IPO listing.
Frequently Asked Questions
What are unlisted shares?
Unlisted shares are equity shares of companies not traded on NSE or BSE. They are bought and sold over-the-counter through dealers or platforms. Companies like NSE, Zepto, and CSK have unlisted shares that trade at prices reflecting their estimated private market value.
How are unlisted share prices determined?
Unlisted share prices are determined by supply and demand between OTC dealers and investors. There is no central exchange — prices are negotiated. Published prices on platforms like UnlistedZone or SharesCart are indicative dealer quotes, not official exchange prices.
Are unlisted shares safe to invest in?
Unlisted shares carry higher risk than listed shares. Key risks include: low liquidity (hard to sell quickly), limited financial disclosure, no SEBI trading protection, and price opacity. Only invest amounts you can afford to hold long-term.
What happens to unlisted shares when the company does an IPO?
When a company lists via IPO, your unlisted shares become listed shares. They are subject to a 6-month lock-in period (1 year for pre-IPO investors). After the lock-in, you can sell freely on the exchange. Listing gains can be significant if the IPO is oversubscribed.
What is the minimum investment in unlisted shares?
Minimum investment varies by company. Some like PharmEasy require 1,000 shares (₹6,250), while NSE requires minimum 25 shares (₹50,000). Most dealers set minimums to ensure ticket sizes of ₹10,000-50,000 per transaction.
How do I buy unlisted shares in India?
You can buy unlisted shares through SEBI-registered intermediaries and platforms like UnlistedZone, Altius Investech, SharesCart, or Precize. The process involves KYC verification, payment transfer, and off-market share transfer to your demat account via CDSL/NSDL.
Is NSE unlisted share a good investment?
NSE's IPO has been anticipated for years. At ₹1,999 per share, the implied valuation is ~₹4 lakh crore. NSE is highly profitable (₹8,305 Cr PAT in FY25) but the IPO timeline remains unclear due to regulatory requirements. This is informational only — not investment advice.