Exploring the Potential of Unlisted Shares: An Analysis of Performance and Shareholding Patterns in the Indian Market
Authors:-Shravani Gambhire, Prerna Telge, Sneha Soundararaj, Neha Sahu
Abstract- This study explores the untapped potential of unlisted shares as an investment avenue, conducting a thorough analysis of their performance within a closed market environment. Focused on thirty-three diverse unlisted Indian companies across sectors like Banks & NBFC, manufacturing, IT, and insurance, the research utilizes a stratified random sampling approach. Secondary data from annual reports and company records supplement primary data collected through interviews. The analysis reveals sector-specific trends, emphasizing the strong performance of manufacturing and insurance while highlighting challenges in the banking, financial, and IT sectors. The study underscores significant public shareholding in the unregulated market, indicating its accessibility to retail investors. Despite liquidity challenges and information disparities, the unlisted market presents alternative investment opportunities for those strategically navigating its dynamics. In conclusion, the research not only provides insights for diversification-seeking investors but also raises awareness among policymakers about the unlisted market’s role in the broader investment landscape, emphasizing the need for informed decision-making in a volatile yet potentially lucrative market.
