Turn your vested ESOPs into cash.
If you hold vested employee stock in an unlisted company, Polemarch helps you find buyers and complete a documented, compliant sale — without waiting for the IPO.
- CDSL / NSDL · SEBI-grade KYC
- No pool accounts · direct to your demat
- ₹80 Cr+ transacted · 30 Lakhs+ shares
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Share your details and we'll reach out with current prices and next steps.
Liquidity before the IPO
You don't have to wait years for a listing or a company buyback window to realise value from vested shares.
Buyer network
Polemarch matches sellers with verified buyers — HNIs, family offices and investors seeking pre-IPO exposure.
Documented & compliant
Share transfer forms, SPAs and KYC handled end-to-end, with proper ownership transfer and records.
Indicative valuation first
Get a market-driven price range for your holding before you decide — no obligation.
Direct settlement
Off-market transfer via CDSL/NSDL — funds to you, shares to the buyer's demat. T+2 settlement.
Understand the tax
We'll walk you through how a secondary ESOP sale is typically treated so there are no surprises.
How it works
Select & review
Browse disclosures, valuation metrics and research notes before you commit.
Secure transaction
Pay through a compliant, transparent settlement framework. 2% flat platform fee.
Receive in demat
Shares are credited directly to your demat via CDSL/NSDL — T+2 working days.
Who this is for
Built for current and former employees of startups and unlisted companies holding vested stock or exercised options.
- You have vested ESOPs (or have exercised options) in an unlisted company.
- You want partial or full liquidity without waiting for a listing.
- You'd like a market-based price and a clean, documented transfer.
- Pricing and demand for unlisted shares vary — an indicative valuation sets expectations.
Frequently asked questions
Can I sell my ESOPs before the company lists?
Often yes — if the shares are vested (or options exercised) and transferable, they can be sold in the unlisted secondary market to a verified buyer. Some companies have transfer restrictions; we'll check the specifics for your case.
How is the price decided?
Polemarch provides an indicative price range based on recent secondary-market activity and the company's fundamentals. The final price is what a buyer agrees to — transparent and market-driven.
What documents are involved?
Typically a share transfer form / DIS, a sale agreement (SPA where relevant), KYC for both parties, and demat details. Polemarch coordinates the documentation and settlement.
How long does it take and how do I get paid?
Once a buyer is matched and documents are in order, settlement is completed via an off-market transfer — usually T+2 working days. Funds are remitted to you and shares move to the buyer's demat.
What about tax?
A secondary sale of unlisted shares generally attracts capital-gains tax, with the treatment depending on your holding period. This isn't tax advice — we'll explain the basics and recommend confirming with your CA.
Start with as little as ₹10,000.
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Unlisted securities carry risk. No assured returns.