Pre-IPO & unlisted equity
Curated access for eligible investors — with the risks stated before the opportunity.
Summary
Pre-IPO and unlisted equity are shares in companies not yet listed on an exchange, transacted off-market. They carry materially higher risk than listed equities: no active market, no reliable price discovery, lower disclosure standards, and no assurance that any listing will occur or occur above the entry price.
What to know before you invest
These are suitable only for investors who can bear a total loss of the amount invested. Unlisted shares may have no market when you wish to exit. Valuations are negotiated, not discovered on an exchange. Disclosure standards are materially lower than for listed companies. There is no assurance of an initial public offering, of listing at any particular price, or of any exit at all. Lock-in periods may apply post-listing.
IPO watchlist
Companies that have filed with SEBI. A filing is not an assurance of listing.
Recent movement
Change in the indicative level over about a month. Not an exchange price.
Nothing in this list at the moment.
Largest by market cap
Established private companies, by last recorded valuation.
Companies we track
- Indicative price
- ₹256
- Minimum lot
- 250 shares
- Minimum ticket
- ₹64,000
Indicative price only. Unlisted shares are negotiated rather than priced on an exchange, and the transacted price may differ materially.
View research- Indicative price
- ₹984
- Minimum lot
- 50 shares
- Minimum ticket
- ₹49,200
Indicative price only. Unlisted shares are negotiated rather than priced on an exchange, and the transacted price may differ materially.
View research- Indicative price
- ₹2,045
- Minimum lot
- 250 shares
- Minimum ticket
- ₹5,11,250
- Market cap
- ₹5.06 lakh cr
Indicative price only. Unlisted shares are negotiated rather than priced on an exchange, and the transacted price may differ materially.
View research- Indicative price
- ₹1,107
- Minimum lot
- 100 shares
- Minimum ticket
- ₹1,10,700
Indicative price only. Unlisted shares are negotiated rather than priced on an exchange, and the transacted price may differ materially.
View researchBrowse by sector
Financial Services
2 companies
- Combined valuation
- ₹5.06 lakh cr
- Median move
- Not recorded
Covers the 1 of 2 that have published a valuation.
View companiesMarket breadth on this site is illustrative sample data and is labelled where it appears. Figures published by the exchange are shown with the trading session they belong to, and are closing prices rather than live quotes. GrowIQ does not publish company ratios, screening signals or price targets. Listing of an opportunity is not a recommendation to participate in it. GrowIQ Capital provides financial data analytics, market information and educational content. We are not a SEBI-registered Investment Adviser or Research Analyst. Nothing on this platform constitutes investment advice or a recommendation to buy or sell any security.
Frequently asked questions
What are pre-IPO shares?
Pre-IPO shares are equity in a company that has not yet listed on a stock exchange, bought from existing shareholders such as employees or early investors. There is no exchange-based price discovery, and transfer happens off-market.
What are the main risks of buying unlisted shares?
The principal risks are illiquidity, valuation opacity and information asymmetry. There may be no buyer when you want to exit, no reliable market price, and disclosure standards far below those of listed companies. There is no assurance any company will list, or list above the price you paid.
Is there a lock-in on pre-IPO shares after listing?
Shares acquired before an IPO are typically subject to a lock-in period after listing under applicable SEBI regulations, during which they cannot be sold. The applicable period depends on the category of shareholder and the specifics of the issue.
Interested in unlisted shares?
Unlisted holdings are illiquid and hard to value, and the first thing worth establishing is whether that is a risk you want. Tell us what you are looking at and we will come back to you. This is an enquiry — nothing is applied for and no amount is committed.
Market figures are indicative and may be delayed. Past performance does not indicate future returns. Securities and schemes named anywhere on this platform are exemplary, not recommendatory.