Once Jim Rogers said, "Bottoms in the investment world don't end with four-year lows; they end with ten or 15-year lows."
Even though these words have minuscule value in today's era, Jim Rogers said it correctly. Amidst the quest to gain high profits quickly, the new-age investors are rapidly moving towards unlisted shares. However, the new-age investors are not entirely wrong. The basic idea behind the rush toward the unlisted stock market is to catch the potential multiloader shares at their low or 'cheap' valuations.
To support the idea of unlisted shares, a report recently revealed that Citigroup sold over 2.2 million equity shares of NSE on behalf of institutional clients. Apart from NSE, other great examples of unlisted shares are Tata Technology and Chennai Super Kings(CSK). Considering the heady highs of the said pre-IPO firms, the future of the global unlisted stock market is running horses.
Tata Technologies' pre IPO shares heady high is an exemplary case supporting the crystal clear future of unlisted shares globally. In the fiscal year 2021, Tata technologies experienced a stunning jump of 48% in revenue, and its profits surged to 83%. The unlisted share price for Tata technologies today is ₹ 5800 per share.
The mentioned numbers clear the pathway for growth opportunities for companies, even before they are listed. The future of the global unlisted market is at its all-time high. Following the herd in case of the unlisted stock market is proving to have massive profits for the companies globally. Moreover, unlisted shares are also the best bet for new-age and seasoned investors. Though the market might seem like a labyrinth at the surface, upon scratching, buying and selling unlisted shares is proved to be the safest and far more promising than listed shares.
Potential Multibaggers of Pre IPO Stocks
The future of the unlisted stock market is foreseen with a significant profit percentage. Below are some potential multiloaders; these shares will hold your best cards!
1. CSK
After facing the wrath of COVID - 19, Chennai Super Kings is now the talk of the pre IPO market. The multi-champion is said to be the leading franchise of IPL with a revenue of ₹ 248 crores and a net profit of 41 crore in 2020-21.
2. Reliance Retail
The global business tycoon Mukesh Ambani surged his firm - Reliance Retail, with its unlisted shares. Today, Reliance Retail holds the position of most sought-after unlisted share. The firm locked a revenue of ₹ 131 926 crores with a net profit of ₹ 4 586 crores.
The unlisted shares hold great potential and have already bagged great profits for the companies. It is best to conclude that the unlisted stock market is the knight in the shining armour for all the investors! If you are looking for an unlisted share broker - connect with Stockify today!
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