Top Unlisted Companies Shares to buy in India

Here’s a list of some of the top unlisted shares in India that are often considered promising based on their market performance and business potential:

1. Reliance Retail Limited

• Sector: Retail
• Key Insights: Reliance Retail, a subsidiary of Reliance Industries, is one of the largest retail companies in India. With a presence across various segments like grocery, electronics, and fashion, its valuation has consistently attracted attention.

2. HDB Financial Services

• Sector: Non-Banking Financial Services (NBFC)
• Key Insights: A subsidiary of HDFC Bank, HDB Financial Services offers a wide range of financial products and services. Its strong financials and parentage make it one of the most sought-after unlisted shares.

3. National Stock Exchange (NSE)

• Sector: Stock Exchange
• Key Insights: NSE is one of the leading stock exchanges in India. Investors have long speculated about its IPO, and its shares are in high demand due to its dominance in the stock exchange market.

4. Sterlite Power

• Sector: Power Transmission
• Key Insights: A leading global developer of power transmission infrastructure, Sterlite Power is known for its strong business model and contribution to the power sector in India.

5. Chennai Super Kings (CSK)

• Sector: Sports/Franchise
• Key Insights: CSK is one of the most popular teams in the Indian Premier League (IPL). Given its huge fan base and business potential, CSK shares are highly coveted in the unlisted market.

6. Studds Accessories Limited

• Sector: Auto Accessories (Helmets)
• Key Insights: Studds is one of the world’s largest helmet manufacturers. With growing demand for helmets due to road safety regulations, Studds has a solid market presence.

7. Tata Technologies

• Sector: IT/Engineering Services
• Key Insights: A subsidiary of Tata Motors, Tata Technologies provides engineering services to the automotive and aerospace sectors. Its global presence and expertise make it a valuable stock in the unlisted market.

8. Hero FinCorp

• Sector: Financial Services
• Key Insights: Backed by the Hero Group, Hero FinCorp is an NBFC offering consumer loans, SME finance, and more. Its association with Hero MotoCorp and strong performance makes it an attractive unlisted stock.

9. Flipkart

• Sector: E-commerce
• Key Insights: Acquired by Walmart, Flipkart is one of India’s largest e-commerce players. Even though it’s no longer fully Indian-owned, Flipkart shares are still popular in the unlisted market, with hopes of future growth.

10. One97 Communications (Paytm)

• Sector: Fintech/Digital Payments
• Key Insights: The parent company of Paytm, One97 Communications is a key player in India’s fintech revolution. Its unlisted shares were in demand before it went public in 2021.

11. BYJU’S

• Sector: EdTech
• Key Insights: BYJU’S is one of the world’s most valued edtech companies. Despite facing challenges, its innovative education platform and large user base make it a strong contender in the unlisted share market.

12. ESAF Small Finance Bank

• Sector: Banking
• Key Insights: ESAF Small Finance Bank has grown rapidly, offering financial services to underserved segments of society. With the increasing popularity of small finance banks, its shares are highly sought-after.

13. Lava International

• Sector: Consumer Electronics
• Key Insights: Lava is a major Indian mobile handset company. As demand for locally manufactured phones rises, Lava is positioned well for growth, making it a popular pick in the unlisted space.

14. HDFC Securities

• Sector: Financial Services/Stockbroking
• Key Insights: A subsidiary of HDFC Bank, HDFC Securities is a leading stockbroking company. Its strong performance in the stock market has drawn interest to its unlisted shares.

15. PharmEasy (API Holdings)

• Sector: Healthcare/Pharmacy
• Key Insights: PharmEasy is a leading online pharmacy and healthcare platform. As healthcare technology evolves, investors look at PharmEasy as a promising venture in the unlisted share space.

These unlisted companies have shown significant potential in their respective sectors, but it’s important to remember that investing in unlisted shares carries its own set of risks due to their illiquid nature and lack of regular public disclosures. Always conduct thorough research or consult financial advisors before making investment decisions.