Partner with FinDarts to offer Pre-IPO and unlisted shares to your clients. Get full back-office support, branded onboarding links, and the widest scrip inventory in the industry — all under one roof.
Become a PartnerEarn 2%–4% spread per transaction — far above mutual funds or insurance distribution.
Access India's largest curated inventory — from unicorn startups to established PSU holdings.
We handle PAN, KYC verification, DEMAT checks, and documentation — zero ops burden on you.
Share a branded link — client fills KYC, makes payment, done. No paperwork, no delays.
Real-time inventory of verified unlisted shares — with current prices, minimum lot sizes, and company details.
Unlisted shares are equity shares of private companies that have not yet listed on BSE or NSE. They trade in an Over-the-Counter (OTC) market — accessible only through registered distributors like FinDarts.
These are often India's most coveted companies — unicorns, pre-IPO tech giants, and established conglomerates preparing for listing. Investors who enter early capture the maximum value creation before public markets re-rate the company.
Early employees, ESOPs, promoter family transfers, PE fund exits — these are the primary sources of unlisted shares. FinDarts aggregates these supply channels to offer you verified, legal shares with proper documentation.
Shares of companies not yet listed — but with strong fundamentals, institutional investors, and clear IPO timelines.
Traded off-exchange between buyers and sellers via trusted intermediaries like FinDarts — with legal transfer deeds.
Get in before the IPO at valuations much lower than listing price — where the biggest gains are typically captured.
Governed under SEBI's Alternative Investment and unlisted securities framework with proper demat transfer processes.
No other asset class consistently delivers 3x–10x returns to informed investors. Here's why the unlisted market is the smartest place to build wealth in India right now.
When a company IPOs, public markets often value it 3–10x higher than pre-IPO price. Early investors capture this entire re-rating gap — often within 12–36 months of their investment.
Since retail investors cannot buy these shares on exchanges, you face no FOMO-driven price spikes. You buy at rational, fundamental valuations — before the crowd arrives.
Unlisted shares held for 24+ months qualify for Long-Term Capital Gains at 12.5%. Short-term gains are taxed at your income slab. Optimal holding strategy delivers tax-efficient compounding.
PhonePe, Tata Capital, HDB Financial, NSDL — brands that every Indian knows. Owning their shares before listing puts you in the same position as early institutional investors.
Unlisted shares have near-zero correlation with listed equity markets. While the Sensex corrects, unlisted valuations are driven by company-specific fundamentals — a perfect hedge.
Unlike real estate or unlisted bonds, most pre-IPO stocks have publicly stated listing plans within 12–36 months — giving investors a clear, visible exit with market-determined liquidity.
Unlisted share distribution offers the highest margins in all of wealth management. As a FinDarts Unlisted Partner, you earn on every transaction — with no AUM lock-in, no renewal dependencies, no renewal pressure.
On every buy or sell transaction, you earn 2–5% brokerage — significantly higher than mutual funds (0.5–1% trail) or FD distribution (0.25–0.5%).
Unlike MFD (NISM V-A) or RIA, unlisted share distribution does not require any SEBI certification. Your trust and network are your only qualifications.
Each new IPO pipeline creates fresh urgency. Clients who made 3x on Swiggy come back for the next opportunity — making unlisted clients your most loyal repeat buyers.
Unlisted shares attract investors with ₹10 Lakh+ investable surplus. Building an unlisted share client base automatically upgrades your entire business to the HNI segment.
Share sourcing, legal documentation, demat transfer, client statements, and compliance — all managed by FinDarts. You focus purely on client relationships.
A client who trusts you for unlisted shares will also invest in mutual funds, P2P lending, and insurance with you. Unlisted shares are the most powerful trust-builder in wealth management.
With 50+ major IPOs expected in the next 24 months — including PhonePe, Tata Capital, and OYO — the pre-IPO window has never offered more opportunities for partners and clients.
From client inquiry to demat credit — the entire process is paperless, legally compliant, and completed within 3–5 business days. FinDarts manages all back-end operations so you never have to handle documentation.
Understand the client's investment horizon, risk appetite, and target return. FinDarts provides you a live catalogue of available stocks with current prices and IPO timelines to make recommendations.
FinDarts quotes the current market-derived price for the selected stock. Once the client confirms quantity and price, a deal ticket is generated — locking in terms for both parties.
Client completes KYC if not already done. Payment is made via NEFT/RTGS to FinDarts escrow account. All funds are held in a designated account until share transfer is complete.
SH-4 transfer deed is executed and signed. Shares are transferred to the client's demat account via NSDL/CDSL off-market transfer. FinDarts manages all compliance paperwork.
Client receives demat credit confirmation. Partner brokerage is credited within 2 working days of transfer completion. Full transaction statement is issued to client and partner.
As a distributor, the product you offer defines your client relationships and your income. See why unlisted shares stand apart from every other product in your portfolio.
| Parameter | Unlisted Shares | Mutual Funds | Fixed Deposits | Listed Stocks |
|---|---|---|---|---|
| Potential Returns | 3x–10x (Pre-IPO) | 12–15% CAGR | 6–7% p.a. | Variable / market-linked |
| Distributor Margin | 2%–5% per transaction | 0.5–1% trail p.a. | 0.25–0.5% | N/A (retail brokerage) |
| Certification Required | No | Yes (NISM V-A) | Yes (bank tie-up) | Yes (NISM VIII) |
| Retail Competition | None (OTC only) | High | Very High | Extremely High |
| Client Ticket Size | ₹1L – ₹1Cr+ (HNI) | ₹500 – ₹10L | ₹10K – ₹50L | ₹5K – ₹50L |
| Exit / Liquidity | OTC + Post-IPO Listing | T+1 to T+3 days | Penalty on early exit | Intraday to T+1 |
| LTCG Holding Period | 24 months | 12 months | N/A | 12 months |
| Client Stickiness | Very High (IPO loyalty) | Medium-High | Medium | Low |
Unlisted shares are a high-risk, high-reward asset class. As a responsible distributor, FinDarts requires all partners to clearly communicate these risks to every client before investment.
There is no exchange where you can instantly sell unlisted shares. Exiting before IPO requires finding a willing OTC buyer — which may take time and involve a discount to fair value.
Companies may delay or cancel IPO plans due to market conditions, regulatory hurdles, or strategic reasons. The expected exit timeline may extend significantly beyond initial projections.
Private companies are not required to publish quarterly financials. Investors must rely on annual reports, DRHP documents, and third-party research — which may be incomplete or delayed.
Unlisted share prices are derived from comparable listed company multiples, last funding round valuations, and OTC market demand — not real-time exchange price discovery.
Like any equity investment, the company's business may underperform. Pre-IPO investment does not guarantee listing gains. Past IPO performance does not predict future outcomes.
To benefit from LTCG tax rates, shares must be held for at least 24 months. Investors should have no near-term liquidity requirement before committing funds to this asset class.
Disclaimer: Investments in unlisted shares are subject to market risk, illiquidity risk, and business risk. Past returns from listed companies are for illustrative purposes only and do not guarantee future performance. FinDarts and its partners are not SEBI-registered Investment Advisers. Please consult a qualified financial advisor before making investment decisions.
Everything you need to know — as an investor or as a partner — before getting started.
Join India's most trusted unlisted share distribution network. No certification. No capital risk. Just high commissions, premium clients, and an exclusive product no one else offers.
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