The Pre-IPO BuzzWith India’s IPO market buzzing, unlisted shares have seen a surge in demand. After share transfers were streamlined to a one-day process in April 2025, the number of retail investors in NSDL alone jumped to an estimated 9,000–10,000. Why Retail Investors Are Now Venturing Into Unlisted Shares? Traditionally dominated by wealthy investors, unlisted shares are now attracting retail investors. Even if they seem a bit risky, they could offer potential returns.” He adds, “Early-stage potential drives my decision to invest in unlisted shares.