What are unlisted shares?
Unlisted shares are shares of a company that is not listed on a recognised stock exchange such as NSE or BSE. They are bought and sold privately between two parties and settled by off-market transfer between demat accounts.
How is a deal settled?
Once price and quantity are agreed, the seller initiates an off-market delivery instruction to transfer the shares to the buyer's demat account. Funds move directly between the two parties. Transfer timing varies based on payment confirmation, the parties and depository processing.
Are the prices on this page final?
No. Prices shown are indicative dealer quotes for information only. They are negotiable, they change without notice, and they are not executable prices. The applicable price is confirmed in writing at the time of dealing.
Is UnlistedHub a stock exchange or a SEBI-registered broker?
No. UnlistedHub is a brand of Geincept Private Limited, which acts as a dealer in unlisted securities. We are not a recognised stock exchange, we do not operate an electronic trading platform, and we are not a SEBI-registered stock broker, investment adviser or research analyst.
What are the main risks?
Unlisted securities are illiquid and there may be no buyer when you wish to exit. There is no exchange price discovery, no guarantee that the company will ever list, no assured return, and you can lose part or all of your capital. Exchange investor-protection and grievance-redressal mechanisms do not apply to off-market transactions.
How is tax treated on unlisted shares?
Gains on unlisted shares held for more than 24 months are generally treated as long-term capital gains; shorter holdings are treated as short-term and taxed at your slab rate. Tax treatment depends on your individual circumstances and on the law in force. Please consult your own tax adviser.
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We answer questions about companies, process and settlement. We do not advise on whether an
investment is suitable for you — for that, please speak to a SEBI-registered investment adviser.