Our Top 10 picks of Unlisted shares in India
Unlisted shares in India have emerged as a powerful investment avenue for investors seeking long-term growth and diversification. These shares belong to companies that are not yet listed on stock exchanges but show strong fundamentals, solid business models, and promising future potential.
By investing in unlisted or pre-IPO companies, you can benefit in two ways:
1️⃣ Capital Appreciation — The price of unlisted shares may increase significantly through over-the-counter (OTC) trading before the IPO.
2️⃣ Pre-listing / Listing Gains — When the company goes public, investors can realize attractive gains during the listing phase.
With increased awareness and success stories like Tata Technologies and Nazara Technologies, more investors are exploring unlisted shares as a key part of their wealth strategy. Our team of experts at Investsharp Wealth Advisors has curated a list of the Top 10 Unlisted Shares in India that offer solid growth potential and strategic investment opportunities.
Top 10 picks of Unlisted shares in India
1️⃣ NSE India Limited Unlisted Shares
NSE is India’s premier stock exchange and a global leader in derivatives trading. Known for its flagship NIFTY 50 index, it controls 21% of global derivatives volume. NSE reported ₹12,650 Cr revenue in FY23 with a 63% net profit margin. It continuously innovates with new financial products and advanced digital trading solutions. NSE’s robust infrastructure, transparency, and regulatory compliance make it a trusted platform for investors, driving India’s capital market growth and financial ecosystem modernization. With consistent performance and technological leadership, NSE remains a prime candidate for unlisted investment opportunities.
2️⃣ GROWW Unlisted Shares
Groww is a fast-growing digital investment platform simplifying access to stocks, mutual funds, ETFs, and fixed-income products. Serving over 7 million active users, it caters to millennials and first-time investors with intuitive interfaces and educational content. Valued at $3 billion, Groww is expanding into insurance and lending, leveraging its customer base for diversified financial services. The platform emphasizes transparency, reliability, and financial literacy, attracting trust from young investors. Its innovative approach, combined with aggressive growth strategies and seamless digital solutions, positions Groww as one of India’s most promising unlisted shares with significant potential for long-term appreciation.
3️⃣ OYO Unlisted Shares
OYO Rooms is a global hospitality technology platform revolutionizing budget accommodations. Operating in 35+ countries, it offers standardized, AI-driven room pricing and enhanced guest experiences. Pre-IPO valuation exceeds $9 billion, highlighting investor confidence. OYO has demonstrated strong post-pandemic recovery, improving profitability and operational efficiency. Its tech-driven approach, cost optimization strategies, and expansion into new markets strengthen its long-term growth potential. With an expected IPO in the near future, OYO provides a unique opportunity for investors to tap into India’s thriving hospitality sector and benefit from a brand recognized for affordability, reliability, and global scalability.
4️⃣ NCDEX (National Commodity & Derivatives Exchange) Unlisted Shares
NCDEX is India’s leading commodity exchange offering a transparent, technology-powered trading platform for agricultural and commodity markets. Supported by institutions like NSE, LIC, NABARD, and IFFCO, it plays a critical role in price discovery for farmers. NCDEX focuses on innovative agri-derivatives, digital warehouses, and increased farmer participation. Its commitment to transparency, operational efficiency, and technological adoption strengthens market trust. By bridging institutional investors and agricultural stakeholders, NCDEX enables sustainable growth in commodity trading. The company’s steady expansion and strategic initiatives make it an attractive unlisted investment option with strong long-term potential in India’s agricultural economy.
5️⃣ Apollo Green Energy Limited
Apollo Green Energy is a leading renewable energy company specializing in solar, wind, and biomass projects. With FY23 revenue of ₹688 Cr and projects worth ₹1,735 Cr under execution, the company is projected to cross ₹2,000 Cr by FY27. Apollo delivers end-to-end clean energy solutions, reducing carbon footprints through smart, sustainable technologies. Its focus on innovation, regulatory compliance, and scalable renewable solutions positions it as a key player in India’s energy transition. As demand for clean energy rises, Apollo Green Energy represents a high-potential unlisted investment with strong growth prospects and a commitment to a sustainable future.
6️⃣ Chennai Super Kings (CSK)
CSK is an iconic IPL franchise and one of India’s first sports unicorns, combining fan loyalty with strong brand value. Four-time IPL champions, CSK’s brand valuation exceeds ₹7,600 Cr. Revenue is driven by media rights, sponsorships, merchandising, and fan engagement initiatives. The franchise maintains stable financial growth despite pandemic challenges, leveraging its strong brand identity. CSK’s consistent performance, strategic partnerships, and massive fan base make it a unique investment opportunity. Unlisted shares in CSK offer investors exposure to India’s booming sports and entertainment sector, combining passion-driven branding with profitable business models and long-term growth potential.
7️⃣ InCred Holdings Limited
InCred Holdings is a diversified financial services company offering lending, wealth management, and asset management solutions. Its strong NBFC portfolio spans retail and SME lending, complemented by an expanding asset management arm including AIFs. Backed by institutional investors and private equity, InCred leverages digital-first lending to enhance profitability and efficiency. The company emphasizes risk management, transparency, and customer-centric services. With robust growth in financial services, unlisted shares in InCred provide attractive long-term investment opportunities. Its combination of innovative financial solutions, solid market presence, and strong institutional support positions it as a promising player in India’s expanding finance ecosystem.
8️⃣ Orbis Financial Corporation Unlisted Shares
Orbis Financial Corporation is a trusted financial services company providing custody, clearing, and trustee services to FPIs, AIFs, and NRIs. Managing ₹81,000 Cr in assets under custody, it serves 50+ FPIs and 800+ NRI clients. FY23 net profit reached ₹89.57 Cr, with unlisted share prices growing 76% YoY. Renowned for reliability, transparency, and compliance, Orbis is trusted by institutional investors and fund houses. Its specialized services, combined with strong operational efficiency, position it as a high-potential unlisted investment. Orbis offers exposure to India’s financial markets, catering to international investors seeking robust, regulated, and profitable financial solutions.
9️⃣ Nayara Energy Limited
Nayara Energy is India’s second-largest private refiner with 6,500+ fuel retail outlets nationwide. Backed by Rosneft and Trafigura, it maintains consistent revenue growth in downstream petroleum. Nayara is committed to the clean energy transition while operating a robust refining and retail network. Its strategic investments, operational efficiency, and market leadership provide a solid foundation for profitability. The company’s expansion into renewable fuels and downstream energy solutions strengthens its growth prospects. As a private energy company, unlisted shares in Nayara Energy offer investors exposure to India’s energy sector with a mix of traditional and clean energy initiatives and long-term returns potential.
🔟 Pine Labs Unlisted Shares
Pine Labs is a leading fintech company providing digital payments and merchant commerce solutions across Asia. Serving 250,000+ merchants, it focuses on UPI, BNPL, and contactless payments. Valued over $5 billion, Pine Labs is backed by Sequoia Capital, Mastercard, and Temasek. With strong technological capabilities and global reach, it has significant IPO potential. The company’s scalable solutions, strategic partnerships, and innovation-driven growth make it an attractive unlisted investment. Pine Labs offers exposure to India’s rapidly growing digital payments ecosystem, combining profitability, market leadership, and technology innovation for long-term investment opportunities.
How to Invest in Unlisted Shares?
Unlisted shares aren’t traded on stock exchanges. They are bought and sold over-the-counter or through authorized private platforms.
Simply contact our expert advisors at Investsharp Wealth Advisors Pvt. Ltd. — and we’ll guide you through valuation, verification, and secure transaction processes.
Why Invest in Unlisted Shares with Investsharp Wealth Advisors?
- Expert Research: Identify high-growth companies pre-IPO
- Exclusive Deals: Access shares unavailable on the stock market
- Diversified Portfolio: Spread investments across sectors
- Transparency & Trust: 100% verified transactions
- Personalized Guidance: Support from evaluation to execution
- Proven Track Record: Successful exits in Tata Tech, Nazara Tech & Waaree
📈 Ready to Invest?
Investing in unlisted shares allows you to tap into India’s next wave of unicorns before they hit the stock market. It’s a strategic move for investors seeking higher growth with calculated risk.
Start your journey with Investsharp Wealth Advisors today — and own a piece of tomorrow’s market leaders.