Knowledge hub

Everything you need to invest confidently in unlisted shares

Plain-English guides on pre-IPO investing, KYC, demat transfers, taxation and SEBI rules — written for Indian retail investors.

ISIN, DIS, CMR, DRHP, ESOP, VBA and every other acronym on Polemarch — in one place.

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Start here. What unlisted shares are, how pre-IPO investing works, and the key players — exchanges, depositories, and registrars.

How to value an unlisted company, build a diversified private-equity portfolio, and manage liquidity risk.

Stamp duty, off-market transfer mechanics, SEBI regulations, and the full tax treatment of unlisted-share capital gains in India.

Common questions about CDSL/NSDL, CMR downloads, KYC, settlement timelines, and Polemarch platform specifics.

6 latest

Step-by-step instructions for getting the Client Master Report from both depositories. Required for Polemarch KYC.

Five methods — DCF, comparables, revenue multiples, scorecard, and last-round — with when each one is the right tool.

Capital gains treatment, holding periods, stamp duty, TDS, and how to report unlisted-share P&L on your ITR.

From browsing an opportunity to the shares landing in your demat — a complete walkthrough of what happens at each step on Polemarch.

Common KYC failure modes on Polemarch and how to clear each one yourself.

Three labels that sound similar but mean very different things for price, liquidity, and counterparty. A jargon-free breakdown.