You can liquidate or sell your shares as follows:
Currently, we are just facilitating buying of shares.
We have a team working on the liquidity aspect of unlisted shares and once we have an answer, you for sure will be the first to be notified about the same.
The face value of an unlisted share is the value given to it during the process of dematerialization. Usually, the face value of a share is different from its price.
The prices of unlisted shares are calculated using the FMV method. As prices of such shares are not tracked by any stock exchange, FMV is calculated by underwriters or investment bankers.
In order for the unlisted market to be on par with the regulated one and to ensure a safe and verified retail community, you’re required to complete your KYC verification before making any investment.
In order for you to complete KYC, you need to have a few documents with you which are as follows:
Every document is verified from our end before you proceed to place orders.
Client Master List Copy is a document that contains information related to your Demat account such as Client ID, DP ID, Client name, Address etc. In order to get a CML copy, drop in an email to your broker requesting the document. Place a request for the document either through an email or the broker’s application.
In order for us to verify your Demat account, it’s required of you to get a CML copy from your broker. This also helps the share transfer process happen more righteously and efficiently.
In order for you to buy shares, you must first complete your KYC. Post which you can select the scrip you want to purchase, choose the number of lots you wish to buy, and then make the payment.
Yes, any scrip you invest in will reflect in your Demat account. Please note, you won’t be able to see the price at which you bought it as SEBI doesn’t keep track of these prices.
The shares transfer process takes T+2 working days.
There are different ways in which you can check the shares transferred:
Please note, in case you don’t know which one is your depository, just take a look at your Demat account number, and if the account number starts with an ‘IN’, your depository is NSDL and if it doesn’t it’s CDSL. Also, the depositories will only show the face value of the unlisted shares bought as these prices are not tracked by SEBI.
The money debited will be refunded by the bank in 2-7 working days.
The brokerage charged is inbound in the total price you pay. As per compliance, we charge anywhere between 0.5% to 1%.
You can edit your number/email in the profile section of the App.
You can chat with customer support and place a request for the same.
No, Unlistedkart levies no AMC or AOC.