Buy and Sell Fincare Small Finance Bank Unlisted shares

Fincare Small Finance bank

₹215.00
PLACE ORDER

ROFR Required
No

Available in Depository:
NSDL
CDSL

Available for Investment:
Primary
Secondary

RATING

RECOMMENDATION

Sell

Business Type

Traditional Business

Investment Checklist

Management

Accounting Practice

Profitability

Solvency

Growth

Valuation

RATING

RECOMMENDATION

Sell

Business Type

Traditional Business

Fincare Small Finance Bank Unlisted Shares Essentials
Share

Discover and get info on Fincare small finance bank unlisted shares before buying, selling and investing - Read our Research report on Fincare small finance bank Pre IPO For Information like - Management, Business Model, Financials, Growth, Valuations, Funding Rounds, and News.

ISIN

INE519Q08079

Face Value

₹10.00

Total Share

6,36,10,481

Total Income

₹609.66 Cr

Profit After Tax

₹113.14 Cr

EPS

₹17.79

P/E

12.09

P/B

1.74

Market Capitalisation

₹1,367.63 Cr

Enterprise Value

₹3,687.25 Cr

Book Value

₹123.39

Intrinsic Value

₹3,371.25

Earnings Yield

8.27 %

Sector

Financials

Sub-sector

Small Finance Bank

Fincare Small Finance Bank Growth

About Fincare Small Finance Bank

Fincare Small Finance Bank(SFB) is a "digital-first" SFB with a focus on unbanked and under-banked customers, especially in rural and semi-urban areas. It operates as a retail bank in India. It operates through Treasury, Corporate/Wholesale Banking, and Retail Banking segments. The company’s deposit products include savings and current accounts, as well as fixed, recurring, and retail term deposits. Its loan portfolio comprises micro, housing, and two-wheeler loans; loan against property and gold; and institutional finance. The company also provides NRI, WhatsApp, mobile, and internet banking services.
The company follows a business model focused on financial inclusion and aim to provide individuals and businesses with affordable financial products and services that meet their needs.
Their business objective is to enhance access to savings, credit and other financial products for unbanked and underbanked individuals, MSMEs and unorganized entities, especially in rural areas, by leveraging technology, last-mile distribution and by utilizing their 14 years of experience in providing microloans.
In the first quarter of FY20, Fincare Small Finance Bank was included in the Second Schedule of the Reserve Bank of India Act, 1934.
The bank has an extensive network of 528 banking outlets, 219 business correspondent outlets and 108 ATMs spread across 16 states and three union territories, covering 192 districts and 38,809 villages and which reached 2.7 million customers, as of December 31, 2020
The bank operated as an NBFC-ND under the name 'Disha Microfin Limited' since 2010 and was registered as an NBFC-MFI in 2013. In 2016, upon receipt of the RBI In-Principle Approval, it acquired the micro-finance operations of Future Financial Services Pvt. Ltd (FFSPL) and later changed its name to Fincare SFB.

Fincare Small Finance Bank IPO Details

Fincare Small finance Bank(SFB) filed its DRHP on May 8, 2021.

The bank's IPO offer aggregating up to ₹13,300 million comprising of a Fresh Issue of ₹3,300 million by the bank and an offer for sale of to ₹10,000 million by the Promoter Selling Shareholder.

A Pre-IPO Placement may be undertaken by the Bank, in consultation with the Managers, of such number of Equity Shares aggregating up to ₹2,000 million. If the Pre-IPO Placement is undertaken, the aggregate amount raised in the Pre-IPO Placement will be reduced from the Fresh Issue, subject to the minimum offer size constituting at least a pre decided % of the post-Offer paid-up equity share capital of our Bank.

Fincare Small Finance Bank
Offer for Sale

₹ 1000.00 Cr

Fincare Small Finance Bank
Fresh Issue

₹ 330.00 Cr

Fincare Small Finance Bank
Total IPO Size

₹ 1330.00 Cr

Fincare Small Finance Bank Funding

Funded By	Funding Amount	Date of Investment	Funding Round	Fund Name
Motilal Oswal Private Equity	₹ 185 Cr	May 2021	1	Secondary Acquisition

Fincare Small Finance Bank Merger & Acquisition

Investments

Fincare Small Finance Bank's promoter was incorporated as ‘Fincare Business Services Private Limited’ on August 1, 2014 at Bengaluru as a private limited company under the Companies Act, 2013. The issued and paid-up share capital of our Promoter is ₹328,690,840 divided into 328,690,840 equity shares of face value ₹1 each.

Fincare Small Finance Bank Subsidiaries

The bank does not have any Subsidiaries, Joint Ventures and Associate Companies

Fincare Small Finance Bank Business Model

Fincare SFB focuses on financial inclusion and aim to provide individuals and businesses with affordable financial products and services that meet their needs. Their business objective is to enhance access to savings, credit and other financial products for unbanked and underbanked individuals, MSMEs and unorganized entities, especially in rural areas, by leveraging technology and last-mile distribution

Fincare Small Finance Bank Revenue Segmentation

Interest Income
Other financial charges

Income on investment
Other Income

Fincare Small Finance Bank Product & Services

Deposit Products

Savings Account
Fincare 101 Account
Current Account
Recurring Deposit
Retail Term Deposit

Loan Products

Micro Loan
Loan Against Property
Loan Against Gold
Affordable Housing Loan
Institutional Finance

Fincare Small Finance Bank Assets

As of March' 21 the bank has fixed assets of worth Rs.36.19 Cr.

Fincare Small Finance Bank Industry Overview

Industry Statistics

The Indian Banking structure has undergone appropriate transformation with the formation of a new banking institution – Small Finance Banks (SFBs). It is a specific segment of banking created by RBI under the guidance of Government of India with an objective of furthering financial inclusion by primarily undertaking basic banking activities to un-served and underserved sections including small business units, small and marginal farmers, micro and small industries and unorganized entities.
SFBs also work as institutionalized systems to undertake deposits, which enables them to access low- cost funds as compared to NBFCs.
These SFBs are expected to penetrate rural India and help achieve financial inclusion by providing basic Banking and credit services to a larger population. With this faster growth in rural areas can be expected in the future given the huge untapped potential. Between the end of fiscal 2015 and the end of fiscal 2021, the number of credit accounts in semi-urban areas grew where share in branches of PSBs has fallen as against SFBs increasing their share from 1% FY18 to 3% in FY21.
These entities can focus on both the asset and liability side where currently the Private sector banks(PSBs) dominate. This provides considerable opportunity to SFBs to gain further share through their specialized offerings and expanding their services to the underbanked.
Similarly, in terms of credit and deposits, the share of SFBs across various regions is in the range of 0 -2% and hence significant improvement in their share is possible by providing targeted services by being attached with the population at ground level. Given the strong hold and experience of these entities in dealing with customers across these regions, the share of SFBs will go up as against the public and private sector banks and thus presents a large opportunity for SFBs to penetrate these regions deeply at the expense of others.
For non-NBFC entities like a local area bank or an urban co-operative bank, the scheduled bank license to run as an SFB acts as a booster in terms of enhancing their reach in the geographies where they already are present to further bank the unbanked and provide extended services beyond their initial scope of activities.
With their localized past experience, SFBs, especially the ones which were existing as local area banks have the ability to manage local stakeholders and maintain operational efficiency more effectively, this was a key point in efficiency growth of capital small finance bank as well.

Future Prospects

India Banking Market is projected to grow at a double digit CAGR during 2019-2024 owing to rising disposable income, growing digital payment system in the country, growing bank branch networks and entrance of the foreign banks in Indian market.
According to RBI, bank credit and deposits stood at Rs. 106 lakh Cr. and Rs. 146 lakh Cr. respectively, as of January 15, 2021.
India is expected to be the fourth largest private wealth market globally by 2028.
According to the CRISIL Research Report, the northern region is well positioned to grow with aid from the financial institutions to further support the flourishing agriculture and industrial sector.
The deposit penetration in the northern region has maintained its share at 21% of the overall banking deposits as of FY21 which is comparatively lower than Southern and Western regions. Accordingly, there is huge scope for further penetration in the northern, eastern, north-eastern, and central region across both credit and deposits.
As per CRISIL the share of SFBs in deposits as well as credit has seen a steady rise over the years and is expected to reach 1% and 1.5% respectively by Fiscal 2024 from the current 0.6% and 1.0% in deposits and credits in Fiscal 2021.
According to CRISIL, SFB’s AUM clocked 26% CAGR during fiscals 2016-2021. CRISIL research expects the sector’s loan portfolio to see a strong ~22% CAGR in the near term as most of the SFBs have completed the transition phase and likely to get benefit from the operating leverage.
The share of SFBs in deposits as well as credit has seen a steady rise over the years and is expected to reach 1% and 1.5% respectively by fiscal 2024 from the current 0.6% and 1.0% in deposits and credits in fiscal 2021. This will be on the back of robust growth on account of focused penetration and on the ground reach of these entities in comparison to the other more established player groups.
In terms of branches, the share of SFBs in total branches is lowest in the Eastern and the Central region followed by the Northern region. These areas are still largely dominated by public sector banks. This provides considerable opportunity to SFBs to gain further share through their specialised offerings and expanding their services to the underbanked.

Government Initiatives

In December 2020, the RBI issued a draft circular on declaration of dividends by NBFCs, where in it proposed that NBFCs should have at least 15% Capital to Risk Weighted Assets Ratio (CRAR) for the last 3 years, including the accounting year for which it proposes to declare a dividend.
In November 2020, the Union Cabinet approved the government's equity infusion plan for Rs. 6,000 crores (US$ 814.54 mn) in the NIIF Debt Platform funded by the National Investment and Infrastructure Fund (NIIF) consisting of Aseem Infrastructure Finance Limited (AIFL) and NIIF Infrastructure Finance Limited (NIIF) (NIIF-IFL).
In November 2020, two MoUs were signed—one between India International Exchange (India INX) and Luxembourg Stock Exchange and another between State Bank of India and Luxembourg Stock Exchange for cooperation in financial services, ESG (environmental, social and governance) and green finance in the local market.
The RBI has issued guidelines in an effort to contain the impact of the COVID-19 pandemic on the financial services sector. Under these guidelines, all term loans were eligible for moratoriums on instalments and working capital facilities on interest due during a period of six months, i.e., from March 1, 2020 until August 31, 2020 by the RBI, contingent on the lending institutions satisfying themselves that the same was necessitated on account of the economic fallout from COVID-19.
In order to accommodate the burden on banks’ cash flows on account of the Covid-19 pandemic, the RBI vide its circular dated April 17, 2020, has permitted banks to maintain liquidity coverage ratio as under: (i) April 17, 2020 to September 30, 2020 –80%; (ii) October 1, 2020 to March 31, 2021 – 90%; and (iii) April 1, 2021 onwards 100%.
Supreme Court of India has pronounced its judgement in the matter of Small Scale Industrial Manufacturers Association vs UOI & Ors. (“Judgement”) and other connected matters on March 23, 2021. Commercial banks, shall immediately put in place a Board-approved policy to refund/adjust the ‘interest on interest’ charged to the borrowers during the moratorium period, i.e. March 1, 2020 to August 31, 2020 in conformity with the Judgement.
To assist low-income groups due to the second wave of the pandemic, the RBI has decided to provide Rs.10,000 Crore for three years at the repo rate to SFBs to lend to individuals, small and medium enterprises (SMEs), etc. The RBI has also incentivized SFBs to lend to microfinance institutions (MFIs) by granting priority sector lending status to such exposure.

Fincare Small Finance Bank Awards & Achievements

Year	Award
2021	KMPG Business Today: Faster growing SFB Financial Express: Best Bank in SFB Category Finnoviti Award – banking frontiers: m-Care National Awards for excellence in Financial services under the sub-category of Financial Inclusion IBA technology award for IT Risk and cyber security. One of the Top 100 Great Places to Work, valid from March 2021 through February 2022.
2020	Lap D Lite” awarded under “BFSI – Category” at the 2nd edition of the BFSI InnoTribe Summit & Awards Brand Excellence – in Banking Sector” award from World Marketing Congress at Global Marketing Excellence Awards “Responsible Lender” certification by Finance Industry Development Council “Award Winner” in the “Business Process Management” category by Dun & Bradstreet India at the BFSI Summit and Awards 2020
2019	“Celent Model Bank 2019 Financial Inclusion Award” for ‘LAP (Loans Against Property) D.Lite’
2018	‘Customer Literacy and Capacity Building’ award at MFIN Microfinance Awards, 2018 – In Pursuit of Excellence Innovative Initiative in the Rural Sector’ and ‘Bank with Best Technology Orientation” at ABP BFSI Awards 2018. ‘Emerging Brand Award’ at the Gujarat Best Brand Awards 2018. ‘Skoch Order-of-Merit’ in ‘Top Ranking Banking & Finance Projects in India’ category for ‘LAP D.Lite’

Fincare Small Finance Bank Strengths

Fincare SFB is a "digital-first" bank and have been an early adopter of scalable digital solutions in order to improve customer experience and/or operational efficiencies
They reach their customers through a diversified, extensive multi-channel network combining traditional brick-and-mortar banking outlets and digital banking. They believe this allows them to offer "last mile, doorstep connectivity" to customers while maintaining low operating costs.
As of Dec'20, the company had a pan-India network of 528 banking outlets, 219 business correspondent outlets and 108 ATMs of which 85 were cash recyclers, spread across 16 states and three union territories, covering 192 districts, which together covered over 38,809 villages and reached 2.7 million customers
According to CRISIL, Fincare had the highest growth rate in advances amongst comparable SFB peers in India between FY18 and FY20. Further, in FY20, the bank had the best adjusted ROA and ROE and was one of India's most profitable SFBs, based on it.
The bank has a vision of extending banking service to common people of rural areas, and Government is also taking decisions to prove financial infrastructure to the rural population of the country. So the branches in rural part of the country can yield good revenue in future.
The bank is continuously innovating every year, recently To enhance its product basket, the Bank added Go Digit as its General Insurance partner and Max Bupa (now Niva Bupa) as its Health Insurance partner. The Bank also launched Prime Savings account, a new offering in savings account segment targeting professionals.

Fincare Small Finance Bank Shortcomings

A substantial portion of banking outlets of Fincare SFB are located in and a significant portion of advances are originated from four states (Tamil Nadu, Gujarat, Karnataka and Madhya Pradesh), making bank vulnerable to risks associated with having geographically concentrated operations

The bank's Gross Loan Portfolio consists primarily of microloans, comprising 79.50% of it. Given the high proportion of microloans, negative events that affect their microloan portfolio will have an adverse impact on the overall business and performance.

A significant portion of the bank's loan portfolio was originated in rural areas, exposing to risks associated with rural economies. which are largely tied to the agricultural, agri-allied and petty trade sectors. Further, the agricultural industry in India depends on the success of the monsoon. Any drastic changes in weather, drought, excessive rains or floods can lead to weakness in the agricultural industry and, consequently, the ability of our borrowers to repay their loans.

Fincare Small Finance Bank Opportunities

Due to many government schemes like Pradhan Mantri Jan Dhan Yojana (PMJDY), providing affordable access to financial services to rural India. There is a huge opportunity in rural parts of India.
As per the Global Findex Database 2017, Of the world's total unbanked adults, 415 million are from just two countries—India and China. While the majority of Indian households are located in a rural region, the banking infrastructure investment in these regions remains low. As a result, there is a gap in the supply and demand of financial services in rural regions of the country, which presents an opportunity for smaller banks.
Bank retail credit per capita in the east of India is the lowest in the country—nearly five times lower than in the south and west. It implies a low penetration of banks in these areas. This provides an opportunity for all lending and deposit-accepting institutions to expand in these regions and also into certain areas around them.
CRISIL research expects the rural segment to drive MFIs' business due to burgeoning demand. With rural areas having fewer banking outlets than urban areas, the rural market in India is still under-penetrated, thereby opening up a significant opportunity for savings and loan products.
Digitization can play game changer in terms of improving cost efficiencies, increasing customer outreach and customer’s interface experience to digital products. The bank can focus on ‘phygital’ distribution of products and services to cater the banking needs of rural and semi-urban population which includes an optimum mix of physical and digital presence to scale our operations in a profitable manner.
The share of SFBs in deposits as well as credit has seen a steady rise over the years accordingly the bank is well positioned to take advantage of the tailwinds and intend to continue to grow the portfolio with focus on secured lending which we believe will provide us a competitive edge over our competitors.

Fincare Small Finance Bank Threats

Due to inadequate technical infrastructure in rural parts of India and due to Covid-19 restrictions there is a reduction in customer footfall at the bank
Increased cyber security threats have risen the need of protection of customers data.
Penetration by existing players and emergence of newer competitors in the industry can squeeze margins for existing players.
Sudden changes in the government & regulatory guidelines can sometimes create pressure of margins.
This industry highly volatility and based on current scenario in the market there may be sudden changes in government rules and regulation which can have high impact on the company.

Fincare Small Finance Bank Rating

RECOMMENDATION

Sell

Fincare Small Finance Bank Detail Info

Industry Statistics

PUBLIC LIMITED

Registered In

India

last Updated

18/01/2021

Registered Date

01/05/2017

Planify Ticker

FINCA

Reg Office: Floor V, Bren Mercury Kaikondanashalli, Sarjapur Main Road Bengaluru-560035

Website Visit

Frequently Ask Questions

Please find below the procedure for buying stock_name_auto Unlisted Shares at Planify.

• 1. You confirm booking of stock_name_auto Unlisted Shares with us at a trading price.

• 2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.

• 3. We will provide the bank details.

• 4. You need to transfer funds in that account.

• 5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.

• 6. Payment has to be done from the same account in which shares are to be credited.

• 7. We will transfer the shares in 24 hours if funds are credited before 2 pm.

Important Note: Please note that the lock-in period for selling stock_name_auto Unlisted Shares is 6 months after listing. Hence you can’t sell stock_name_auto Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date.

Please find below the procedure for selling stock_name_auto Unlisted Shares at Planify.

• 1. We will confirm our buying price of stock_name_auto Unlisted Shares.

• 2. We will give you our client master report and you will transfer the stock_name_auto Unlisted Shares to our demat account.

• 3. We will ask for bank details of yours once the stock_name_auto Unlisted Shares are received in our demat account..

• 4. We will transfer the funds in your bank account within 24 hrs of receiving the stock_name_auto Unlisted Shares.

• 5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.

• 6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.

Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of stock_name_auto Unlisted Shares depends upon category of investors.

• 1. Venture Capital Funds or Alternate Investment Fund of Category -I or II, or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of stock_name_auto Unlisted Shares.

• 2. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of stock_name_auto Unlisted Shares.

This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the stock_name_auto Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.

1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.

• a. ISIN number of stock_name_auto Unlisted Shares.

• b. Name of stock_name_auto Unlisted Shares

• c. Quantity of stock_name_auto Unlisted Shares

• d. Cosideration Amount

• e. Target DP ID and Client ID

• f. Annexure

2. Online DIS - Some of the broker these days gives facility of transferring the stock_name_auto Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the stock_name_auto Unlisted Shares by filling the details similar to Ofline-DIS.

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. Generally via our Planify platform, if somebody wants to buy Unlisted Shares then minimum investment would be 35-50k.To know about the minimum lot size of stock_name_auto, kindly click on this hyperlink - stock_name_auto.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable.

If you buy stock_name_auto Unlisted Shares from Planify then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.

Check credit of stock_name_auto Unlisted Shares Instantly?

• 1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.

• By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.

• Demat Account = DP ID + Client ID. (16 Characters )

• "DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.

• Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.

• In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.

• Example:

• CDSL = 12345678(DP ID) and 91234567(Client ID).

• NSDL = IN123456 (DP ID) and 78912345(Client ID).

• Check in brokers application?

• Credit of stock_name_auto Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The stock_name_auto Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of stock_name_auto Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on Planify.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"Planify is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, Planify has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with Planify."

We at Planify do the valuation based on 2 methods.

• 1. We check the last funding that is being done in the stock_name_auto Unlisted Shares to ascertain the benchmark valuation.

• 2. If there is no funding happened in the company, then we try to find a business similar to stock_name_auto Unlisted Shares in the listed space and do comparison method to ascertain the valuation.

As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their stock_name_auto Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their stock_name_auto Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about stock_name_auto Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of stock_name_auto Ltd unlisted share.

We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of stock_name_auto Ltd unlisted shares with us.

The financials of stock_name_auto Ltd which includes the P/L of stock_name_auto Ltd and the Balance Sheet of stock_name_auto Ltd is in the financials section.

The annual report of stock_name_auto Ltd is available in the annual report section.