How to Invest in NSE Unlisted Shares: A Guide for Informed Investors

Mon, 2 Jun 2025

7 mins

Unlisted shares

Investing in unlisted equities is gaining popularity among savvy investors seeking early exposure to emerging companies. Among them, NSE unlisted shares stand out as a rare opportunity to become part of a trusted financial institution before its IPO. But before diving into NSE-specific details, let’s understand the basics of unlisted equities and how they work.

• Key Takeaways: Investing in NSE Unlisted Shares

  • Unlisted equities are shares of private companies not traded on public stock exchanges.
  • Valuation of unlisted equities depends on factors like company financials, growth prospects, and market sentiment.
  • These investments are more suitable for HNIs and long-term investors with higher risk tolerance.
  • NSE unlisted shares offer exposure to one of India's most profitable and reputed stock exchanges before its IPO.
  • NSE earns through trading fees, listings, data services, and more — making it a financially strong private entity.
  • There is no confirmed IPO date for NSE yet; investors can stay updated via its official website.

• What Are Unlisted Equities?

  Unlisted equities are shares of companies that are not traded on public stock exchanges like NSE or BSE. These companies are privately held and may offer their shares to select individuals or institutional investors through private placements or platforms like InCred Premier.
  
  Investing in unlisted companies gives you a chance to participate in the growth journey of a business before it becomes publicly listed - often with attractive valuation benefits.

• How to Invest in Unlisted Shares in India?

  To invest in unlisted shares in India, you typically need to go through an authorized platform that facilitates private market transactions. InCred Premier connects eligible investors with curated opportunities in companies that are still privately held.
   

  These shares are acquired from existing stakeholders or through strategic secondary sales. Since there's no centralized exchange, research and due diligence are crucial.

• How Is the Price of NSE Unlisted Shares Determined?

  Unlike listed shares that have real-time pricing, the price of unlisted shares is determined by:

  • Demand and supply in the private market
  • Recent funding rounds or valuations
  • Company’s financial health and market sentiment
  • Negotiations between buyer and seller

   

  Because of this variability, prices can differ between platforms and sellers.

• How to Sell NSE Unlisted Shares?

  Selling unlisted shares is relatively straightforward through the right channel. If you're an existing investor in unlisted equities and wish to exit, you may connect with us and we will help you further.
  
  Contact our team for assistance with buying or selling unlisted shares.

• Who Should Consider Investing in Unlisted Shares?

  Unlisted shares are ideal for:

  • Investors with experience in market analysis
  • Those with long-term financial goals
  • Individuals with a higher risk tolerance

   

  High-net-worth individuals (HNIs) looking to diversify beyond public equities.
  
  This asset class requires a patient outlook and may not be suitable for those seeking quick liquidity.

• Do You Need Significant Capital to Invest?

  Yes, many unlisted equity investments involve a higher ticket size. While exact requirements vary, these opportunities are often best suited for HNIs or experienced investors. InCred Premier provides access to opportunities aligned with your investment capacity.

• NSE Unlisted Shares: Why They Matter

  The National Stock Exchange of India (NSE) is a household name in the financial sector. Despite its scale and profitability, NSE’s own equity shares are currently not listed on any stock exchange.
  
  This means retail investors cannot buy NSE stock through traditional brokerage platforms - but you can still buy them through the unlisted equity route.

• Can I Buy NSE Unlisted Shares in India?

  Yes, NSE unlisted shares are available for purchase in the private market. These shares offer investors a rare chance to invest in a profitable and well-governed company before its IPO. To explore buying opportunities, you can connect with InCred Premier for a seamless and secure experience.

• How Does NSE Generate Revenue?

  NSE is one of the most profitable stock exchanges globally, with diverse income streams that include:

  • Transaction fees from trades
  • Listing fees from new company listings
  • Clearing and settlement charges
  • Technology solutions for brokers and institutions
  • Data and analytics services for financial participants

   

  These robust revenue sources contribute to NSE’s strong financial foundation, making it a compelling unlisted investment.
  
  NSE maintains a high level of transparency. You can view its annual reports, earnings, and disclosures on its official investor relations page:
  
  https://www.nseindia.com/investor-relations/annual-reports

• Is the NSE IPO Coming Soon?

  There has been ongoing speculation about the NSE IPO, but there is no confirmed launch date yet. Investors are advised to check official updates on the NSE website for future developments.

• Where to check NSE company financials?

  You can visit the company’s official website for more information, or simply explore our consolidated summary for quick and easy access to all the key details.

• Are NSE unlisted shares taxable?

  The taxation on NSE unlisted shares depends on the holding period and the nature of capital gains: Short term and Long term capital gains.
  
  Gains from unlisted shares held for more than 24 months are taxed at 12.5%. Short-term capital gains on unlisted shares sold within 24 months are taxed according to the investor's income tax slab rate.

• Does the price of NSE unlisted share price change daily?

  Unlike listed stocks, unlisted shares do not have active daily trading on exchanges. Their price is determined by demand, supply, company performance, and market sentiment, making it more dynamic and subject to periodic changes rather than daily fluctuations.

• Can NRIs invest in NSE unlisted shares?

  Yes, Non-Resident Indians (NRIs) can invest in NSE unlisted shares in India but with some specific regulations and considerations. NRIs can use their NRO accounts for such investments and may need to report their investments to relevant authorities.

• What happens if NSE doesn't go for IPO?

  If a NSE decides against an IPO, it remains privately held, keeping its shares off public stock exchanges while its founders and investors maintain control and ownership.
  
  The options for selling the unlisted shares would be through private transactions or buybacks if the company offers them.

• What is the listing date of NSE unlisted shares?

  The listing date is uncertain as it depends on factors like regulatory approvals and company policies.

• What is the target price of NSE unlisted share?

  We cannot predict the target price for NSE unlisted shares. However, you may connect with us to get the price and market insights.

• What is the lock-in period for NSE unlisted shares?

  A lock-in period of six months applies from the date of listing, NSE unlisted shares cannot be sold for 6 month from listing. However you can sell unlisted shares anytime before NSE goes public.

• Is buying NSE unlisted shares legal in India?

  Yes, buying NSE unlisted shares is completely legal in India. SEBI does not regulate Unlisted shares, SEBI intervenes when platforms operate outside its regulatory framework, potentially violating the SEBI ACT 1992.

• Final Thoughts: Should You Invest in NSE Unlisted Shares?

  If you’re looking to diversify your portfolio, you may consider investing in unlisted shares. As with any investment, it’s essential to understand the risks, timelines, and liquidity involved.
  
  Unlisted equity investing is not just about returns - it's about strategic positioning in companies with future public market aspirations.
  
  Ready to explore your options? Get in touch with InCred Premier to know more.