Everything you need to know about investing in unlisted shares and private credit through Invriddhi. Clear answers, no jargon.
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Unlisted shares are stocks of companies that have not yet been listed on recognized stock exchanges like BSE or NSE. They are traded through off-market (OTC) transactions between buyers and sellers, typically facilitated by intermediaries like Invriddhi.
Unlike listed shares, they don't have real-time price discovery — valuations are based on the company's financials, comparable transactions, and negotiated prices. These are also commonly referred to as pre-IPO shares when a company is expected to list in the near future.
Key differences between unlisted and listed shares:
Typically starts from ₹50,000, varying by company and available lot size. Some companies may have higher minimum lots — especially those with high per-share valuations or limited float in the OTC market.
Our advisors will guide you on current lot sizes and minimum investment amounts specific to the companies currently available. Contact us at our contact page for live pricing.
Unlike listed markets with real-time exchange prices, OTC pricing is driven by a combination of factors:
Yes, absolutely. Off-market transfers of unlisted shares are completely legal under the Companies Act, 2013, and SEBI regulations. All transfers must be done through proper share transfer agreements and must reflect in the company's register of members.
Invriddhi facilitates these transactions within the full ambit of Indian law. All share transfers involve proper documentation including share transfer deeds, and shares are credited to your Demat account as per SEBI's dematerialization requirements.
SEBI mandates that pre-IPO shareholders hold their shares for 6 months from the date of IPO allotment before selling on the stock exchange post-listing. This rule applies to:
Important: This lock-in only applies to selling on the stock exchange after listing. You can still sell your shares in the OTC/unlisted market before the company's IPO, subject to finding a willing buyer at the prevailing OTC price.
Yes — in the OTC market through intermediaries like Invriddhi. Pricing is negotiated based on current market conditions, company financials, and buyer-seller dynamics. You are not bound by any lock-in in the pre-IPO unlisted market.
However, be aware that liquidity in the OTC market is not guaranteed — finding a buyer can sometimes take time, especially for companies that are not actively tracked or have limited investor interest.
Returns are not guaranteed and depend on: company performance, IPO premium (if applicable), market conditions at exit, and holding period. Our honest track record shows both wins and losses:
Our process is simple and fully digital — here's how it works:
The entire process from enquiry to Demat credit typically takes 3–5 business days. See our full How It Works page →
You'll need the following documents for KYC and share transfer:
Typically T+2 business days post receipt of funds and completion of all documentation. In some cases, it may take up to 5 working days depending on the specific company's share transfer process and CDSL/NSDL processing timelines.
Your relationship manager will keep you informed at every step and notify you via WhatsApp/email once shares are credited to your Demat account.
Yes — unlisted shares are held and transferred in dematerialized (Demat) form in India as mandated by SEBI. You will need an active Demat account with any registered Depository Participant (DP) on CDSL or NSDL.
If you don't have a Demat account, you can open one with any registered broker (Zerodha, Groww, Angel One, Motilal Oswal, etc.) in just a few days digitally. Our team can guide you through the process.
Yes, 100%. Our entire process — KYC, documentation, fund transfer confirmation, and Demat credit — is paperless and conducted digitally. Physical share certificates are not issued under India's dematerialization framework.
Communication happens via WhatsApp, email, and video calls. You never need to visit a physical office. We serve investors across all cities in India.
The tax treatment depends on your holding period:
No. As per current tax laws (Finance Act 2024), indexation benefit is not available on unlisted shares. LTCG at 12.5% is applied on the actual gains without any adjustment for inflation (cost inflation index).
This aligns unlisted shares with the treatment of listed equities post-FY2024-25, where indexation was also removed. The silver lining: the 12.5% LTCG rate remains relatively low compared to income tax slab rates for high-income investors.
TDS is not typically deducted on off-market share transfer transactions (capital gains). The buyer and seller are individually responsible for reporting and paying their respective capital gains tax in their Income Tax Returns.
However, dividend income from unlisted companies may be subject to TDS at 10% if the dividend exceeds ₹5,000 in a financial year. Consult a CA for your specific tax situation and to ensure compliant ITR filing.
Invriddhi's Private Credit offering provides access to short-tenure (30–60 day) global trade finance instruments targeting 13–15% XIRR. These instruments are backed by trade receivables — the credit gap that exists between shipment of goods and receipt of payment in international trade transactions.
When an Indian exporter ships goods to an overseas buyer, there's often a 30–90 day payment gap. Trade finance instruments bridge this gap, and investors earn a yield for providing this short-term credit. This asset class is well-established globally but relatively new to Indian retail/HNI investors.
They carry different risk profiles and should not be compared on a simple safer/riskier scale:
Neither is inherently "safer" — suitability depends entirely on your individual risk appetite, investment horizon, and financial goals. Both are higher-risk alternatives compared to bank FDs or government bonds.
Minimum ticket sizes for Private Credit instruments vary based on the specific instrument, tenure, and current availability. Our advisors will guide you on current offerings and eligibility.
Contact us directly for live information on available instruments and minimum investment amounts:
Invriddhi differentiates through a combination of research depth, transparency, and service quality:
Invriddhi operates as an intermediary facilitating off-market share transfers, which are conducted within the regulatory framework of the Companies Act, 2013 and applicable SEBI regulations governing share transfers.
We are not registered as a SEBI Investment Advisor (RIA). We do not provide personalized investment advice — all information on our platform is for research and informational purposes only. Investors should make their own informed decisions or consult a SEBI-registered financial advisor before investing.
Invriddhi earns a spread on share transactions — the difference between the price at which we source shares and the price at which we offer them to investors. This is disclosed transparently. We do not charge hidden advisory or subscription fees.
For Private Credit instruments, we earn a facilitation fee from the instrument originator. This is fully disclosed in the term sheet provided to investors before commitment.
Our investment advisors are available Monday–Saturday, 9 AM–7 PM IST. We respond within 24 hours.
