IPO & Pre-IPO tracker
Upcoming IPO & Pre-IPO Companies — Buy Their Unlisted Shares Now
Companies on the road to listing are usually already trading in the unlisted market. Buy their shares before the IPO — at a transparent live price, with ISIN and direct CDSL/NSDL demat settlement (T+2). 9 companies available right now — tap any to see the live price and buy.
You are buying existing unlisted shares, not an IPO allotment. Unlisted shares are high-risk and illiquid; an IPO is never guaranteed and returns are not assured.
- Oravel Stays LimitedIPO upcomingCyclical Consumer Services · INE561T01021View live price
- SBI Funds Management LimitedIPO upcomingBanking & Investment Services · INE640G01020View live price
- API Holdings LimitedPre-IPOFood & Drug Retailing · INE0DJ201029View live price
- ESDS Software Solution LimitedPre-IPOSoftware & IT Services · INE0DRI01029View live price
- HDFC Securities LimitedPre-IPOBanking & Investment Services · INE700G01014View live price
- Jupiter International LimitedPre-IPORenewable Energy · INE467C01027View live price
- Metropolitan Stock Exchange of India LimitedPre-IPOBanking & Investment Services · INE312K01010View live price
- National E-Repository LimitedPre-IPOBanking & Investment Services · INE878X01013View live price
- Polymatech Electronics LimitedPre-IPOTechnology Equipment · INE0OLN01029View live price
How the road to an Indian IPO actually works
Long before a company rings the bell at NSE or BSE, its shares already exist — held by founders, employees who exercised ESOPs, early investors and funds. An IPO doesn’t create a company’s equity; it only opens a public window to trade it. The unlisted market is where that equity changes hands beforethe window opens, and that’s what this tracker lists.
The typical sequence
- Private rounds. The company raises from VCs / PE funds; employee ESOPs vest. Shares are dematerialised with an ISIN and can legally change hands off-market.
- IPO preparation. Bankers are appointed and a draft prospectus (DRHP) is filed with SEBI. This is public information — but filing is not listing, and plenty of DRHPs lapse or get refiled.
- Pre-listing restrictions. SEBI rules impose lock-ins around a listing for certain categories of pre-IPO shareholders — worth understanding before you buy close to an expected listing.
- Listing (maybe).If and when the IPO completes, previously-unlisted shares become tradeable on the exchange after any applicable lock-in. If it doesn’t, you simply remain an unlisted shareholder.
Pre-IPO purchase vs IPO application
Applying in an IPO means competing for an allotment at the issue price during a three-day window, with no certainty of getting any shares. Buying unlisted shares means owning them today, in your own CDSL/NSDL demat, at a price the unlisted market sets — with the trade-offs of lower liquidity, thinner disclosure and no guarantee the IPO ever happens. Neither route is “better”; they suit different horizons and risk appetites.
IPO & pre-IPO investing — FAQ
Can I buy shares of a company before its IPO?
Yes. Companies that are on the path to an IPO are usually already issuing equity in the unlisted market. On Polemarch you buy those unlisted shares directly — they settle to your own CDSL/NSDL demat account (T+2), with no pooled broker account in between. You are buying existing unlisted shares, not applying for an IPO allotment.
Is buying pre-IPO or IPO-bound shares guaranteed to be profitable?
No. Unlisted and pre-IPO shares are high-risk: they are illiquid, carry limited public disclosure, and can lose value. An IPO is never guaranteed to happen, and there is no assured listing gain. Nothing on this page is a recommendation or a promise of returns — invest only after your own due diligence and, ideally, advice from a qualified financial advisor.
When will these companies actually list?
There is no fixed timeline. Whether and when a company files its DRHP and lists depends on the company's own decision and SEBI's process — it can be delayed indefinitely or cancelled. Treat any listing date you see elsewhere as speculative, not a commitment.
How do I buy unlisted shares of these companies on Polemarch?
Complete a one-time KYC (PAN, Aadhaar and bank verification), pick a company from the list above, review the live price and details, and place your order. Shares are delivered to your registered demat account through CDSL/NSDL, typically on a T+2 basis.
What is the difference between this tracker and the Pre-IPO page?
This tracker is the live list of IPO-bound and pre-IPO companies whose unlisted shares are available right now. The Pre-IPO investing page explains how pre-IPO investing works end to end — eligibility, settlement, fees and risks. Use the tracker to choose a company and the guide to understand the process.