In the ever-evolving world of investments, traditional avenues like fixed deposits, mutual funds, and listed stocks are well-known to most investors. However, there’s a growing interest in an alternative investment class called unlisted shares . These shares are becoming popular among savvy investors who are seeking higher returns and early access to promising companies. But what exactly are unlisted shares, and how do they differ from listed ones? Let’s break it down in simple terms. Understanding Unlisted Shares Unlisted shares refer to the equity shares of companies that are not listed on any stock exchange such as NSE (National Stock Exchange) or BSE (Bombay Stock Exchange). These shares are not traded publicly in the open market, which means they are not available for buying and selling on traditional stock exchange platforms. These companies could be: Startups and private limited companies Subsidiaries of listed companies Pre-IPO (initial public offering) companies that a...