Own the company before the exchange does.
Unlisted shares are equity in companies that have not yet listed on the NSE or BSE. You buy from an existing shareholder in an off-market transfer, and the stock settles into your normal demat account. Labdhi deals these through a dedicated desk — Labdhi Unlisted.
How it works
Four steps, start to demat.
An unlisted trade is a negotiated transfer between two shareholders, not an exchange order. Here is what actually happens.
You pick the name
Browse live buy and sell quotes on Labdhi Unlisted. Every name on the shelf has been through our research desk first.
We confirm the lot
Unlisted stock trades in lots, not single shares. We confirm availability, price and the minimum quantity before you commit anything.
Deal is struck
You transfer funds to the counterparty against a signed deal sheet. Labdhi sits in the middle and coordinates both legs.
Shares hit your demat
Settlement is an off-market transfer into your existing demat account, typically within T+2 working days of funds clearing.
Why through us
The counterparty matters as much as the company.
A vetted shelf
We screen the company, the counterparty and the paperwork. Names that do not survive that screen never reach the quote sheet.
Two-way quotes
We deal both directions. If you already hold unlisted stock and want out, the same desk works the sell side.
One relationship
The same advisor who structures your loans and bonds handles this. Your unlisted position is read against the rest of your balance sheet, not in isolation.
Before you commit
What this asset class actually costs you.
Pre-IPO gets sold on the upside. These are the three things that decide whether the position works for you.
Liquidity is the real cost
There is no exchange and no guaranteed buyer. Exiting means finding a counterparty, which can take weeks — or longer if sentiment turns.
An IPO is a hope, not a date
Companies stay private longer than anyone forecasts, and some never list. Size the position for a long hold.
Price discovery is thin
Quotes move on limited volume and are negotiated, not printed by an exchange. The spread between buy and sell can be wide.
Unlisted and pre-IPO shares are unregulated instruments and carry a high risk of capital loss. They are illiquid, valuations are not exchange-determined, and a listing is never assured. Nothing on this page is a recommendation to buy or sell. Read all deal documents carefully before investing.
Talk first
Not sure it belongs in your portfolio?
Ask before you buy. Tell us roughly what you are considering and we will be straight about whether the liquidity profile suits you — including when the answer is that it does not.