About the Unlisted Shares category

About the Unlisted Shares Category

This category is dedicated to research and discussion on unlisted companies — businesses not yet traded on public stock exchanges. The goal is to collaboratively evaluate private investment opportunities in a structured, transparent, and compliance-aware manner.

What should users post here?

  • Original fundamental research on unlisted companies
  • Business model breakdowns and growth analysis
  • Risk factors, red flags, and financial vulnerabilities
  • Valuation estimates (if available)
  • Relevant news or developments on unlisted firms
  • Questions or requests for insights on specific unlisted entities

Who can post?

Only users at Trust Level 2 and above can post or reply. This is to ensure posts maintain a high standard and are contributed by members familiar with our forum guidelines.

Category rules and expectations:

  • All posts must follow the Unlisted Shares Post Template (auto-inserted when creating a topic)
  • Disclosures are mandatory. Please clearly state if you hold shares, have any financial interest, or are associated with the company
  • No promotional content or price speculation
  • Posts are moderated by default to ensure quality and compliance
  • Use clear titles that include the company name and nature of content (e.g., “XYZ Pvt Ltd – Initial Research and Valuation”)
  • Do not engage in speculative price targets and any other such content.
  • Do not engage in buy/sell/hold calls discussions.
  • Do not engage in Dm/Pm about unlisted shares in the forum.
  • Do not use the platform for distribution of unlisted shares.
    Any posts related to unlisted shares outside this category will be deleted.
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As per the SOP, companies are required to request the depositories to freeze the shares. They also require that the shares should be unencumbered.
Vikram Solar has intimated that they are asking their shares to be frozen from 12th August. This should indicate that their IPO should come out around 24th-25th of August. This is of course my guess based on the freezing period before the NSDL IPO.
I have posted this as the members may be interested in the dates of IPOs. Of course it is no recommendation. Also I hold some unlisted shares in the entity.
I will delete the post in case it violates any guidelines.

1 Like