Guides
Unlisted shares, explained plainly.
Short guides to how this market works in India. Each one answers its question at the top, names its sources, and says when it was last reviewed. They are general information, not advice.
Delisted shares: what they are and how to sell them
What happens to your shares when a company leaves the stock exchange, the exit the rules give you, and how to sell delisted shares after that.
Reviewed 9 Oct 2026How to buy unlisted shares in India, step by step
The steps to buy unlisted or pre-IPO shares in India: what you need, how the price is agreed, how the shares reach your demat account, and what it costs.
Reviewed 9 Oct 2026Is it legal to buy unlisted shares in India?
Whether a resident can legally buy and sell shares of unlisted companies in India, the conditions that apply, and what SEBI has said about unlisted-share platforms.
Reviewed 9 Oct 2026How unlisted shares are taxed in India
Capital gains tax on unlisted shares for a resident individual in the tax year 2026-27: holding period, rates, the fair-value rules for buyers and sellers, stamp duty and PAN.
Reviewed 9 Oct 2026How to sell unlisted shares you hold
How to sell unlisted, pre-IPO, ESOP or delisted shares in India: finding a buyer, agreeing a price, the demat transfer, stamp duty and tax.
Reviewed 9 Oct 2026Lock-in on pre-IPO shares after a company lists
How long shares bought before an IPO are locked in after listing in India, the main exceptions, and why a planned IPO is never certain.
Reviewed 9 Oct 2026How unlisted share prices are set, and why dealers differ
Why an unlisted share has no single price, what moves it, why two dealers quote differently, and what an indicative price means.
Reviewed 9 Oct 2026Unlisted shares glossary
Plain definitions of the terms used when buying and selling unlisted shares in India: ISIN, demat, depository participant, off-market transfer, DRHP, lock-in, ESOP and more.
Reviewed 9 Oct 2026