About Polemarch
A platform built for investors who take private markets seriously.
Polemarch gives Indian investors direct, transparent access to unlisted shares — pre-IPO opportunities, ESOP buybacks, and established private-company equity — settled through the same depositories that clear public markets.
Mithtech Innovative Solutions Pvt Ltd
Incorporated 2016 · Bengaluru, India. Polemarch is our flagship product — built on a research + engineering stack we've refined across multiple verticals in capital markets software.
What distinguishes us
Four things we don't compromise on.
Direct access at source prices
We source from employees and early investors — not market makers. That's why our live prices consistently print tighter than generic grey-market quotes.
SEBI-depository-native settlement
Every transfer terminates at CDSL or NSDL, reconciled against the ISIN the seller's DP issued the DIS against. No informal chains, no paper trails.
Research as a first-class product
Financials, shareholder movements, news events, and valuation triangulation on every listed name — all under one share page, pulled from our in-house research engine Calcula.
Audited KYC + wallet ledger
PAN, Aadhaar, and CMR verified through SEBI-authorised partners. Wallet ledger uses optimistic-concurrency transactions with an idempotency key on every entry.
From the founder
Why we’re building Polemarch.
Manoj M Bhat, founder + CEO. I spent 10 years building trading, settlement, and risk systems for a mid-tier brokerage and later a PMS. I watched an entire asset class — unlisted Indian equity — get negotiated over WhatsApp, settled through sketchy DP chains, and priced by whoever had the last screenshot. That wasn’t acceptable for listed markets in 2005. It shouldn’t be acceptable for unlisted in 2024.
“The depositories already hold the shares. The research data already exists. The KYC partners are already SEBI-authorised. The missing piece was a platform that stitched them into a single, audit-ready transaction — and treated investors like grown-ups.”
Timeline
How we got here.
- 2016Mithtech incorporated
Capital-markets engineering practice in Bengaluru. Built trading, back-office, and research systems for private equity + broker clients.
- 2024Polemarch launched
Public launch of the unlisted-share platform. CDSL / NSDL settlement, transparent pricing, audited KYC — in one product.
- 2025Calcula research bundle
In-house research engine starts shipping financials + valuation data directly into each share page.
- 2026Watchlist + price alerts
Price-target alerts via in-app + email; retention loop for returning investors. Transactional email overhaul.
Our approach
Private markets done the way public markets are.
The unlisted-equity market in India has grown from a whisper network into a sizable fraction of household portfolios. The infrastructure, though, hasn't kept pace. Price discovery is opaque. Counterparty diligence is thin. Settlement runs on paperwork that wouldn't survive an NSE audit.
We started Polemarch because that gap doesn't need to exist. Depositories already hold these shares. ISINs already identify them unambiguously. SEBI-authorised verification partners already handle the KYC primitives. The missing piece was a platform that stitched them into a single, audit-ready transaction.
Every listing on Polemarch carries the ISIN it will actually transfer with, a researched valuation range, a verified seller, and a T+2 settlement commitment. Every buyer has a per-bank virtual account, a wallet ledger reconciled in real time, and a held-order mechanism that auto-captures once funds arrive. None of this is novel in listed markets. It's overdue in unlisted.
Work with us
Investors, dealers, wealth advisors, and press — routes into the company are deliberately short. Pick one.