An information platform for unlisted & pre-IPO sharesNot a SEBI-recognised stock exchange or trading platformAll prices are indicative
UnlistedZone
Who we are

We put India’s private market in plain sight.

Since 2018, UnlistedZone has brought research, indicative prices and honest answers to a market that traded in the dark — one of India’s largest and most trusted platforms for unlisted, pre-IPO and ESOP shares.

2018 founded30L+ visitors served3L+ every month500+ shares tracked
What we stand for

Every company researched.
Every price published — indicative and honest.
Every investor treated fairly.

2018 · Where it began

A market that traded in the shadows

India’s unlisted and pre-IPO shares changed hands through phone calls and hearsay — opaque pricing, thin research, and no single place an investor could trust.

Three friends — Umesh Paliwal, Santosh Singh and Dinesh Gupta — decided the private market deserved the same rigour, data and honesty as public markets.

The market, before
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No published prices. No research. No accountability.

What we built

Research first, transparency always

Engineering from the Army Institute of Technology met 15+ years of capital-markets depth. The result: every company researched, every price indicative and clearly published, every investor treated fairly.

We are, first and last, an information platform — we publish researched data and indicative prices for information and education. We are not a stock exchange and do not operate a trading platform.

With UnlistedZone
NINSE India LtdRESEARCHED₹2,095
SMSBI Mutual FundRESEARCHED₹575
ZPZeptoRESEARCHED₹39

Published indicative prices · free research · clear disclaimers.

Today

Trusted by lakhs, growing every month

What began as a bold idea now serves 30 lakh+ visitors — 3 lakh+ every single month — across research, indicative prices, events and the UnlistedZone app.

Operated by IZUZ Consultancy Pvt. Ltd. and the InvestorZone–UnlistedZone partnership.

Visitors served, cumulative
2019
2021
2023
2025
Today
30L+and counting
The founders

Built by three friends with one standard

Research, transparency and investors first — since day one.

Umesh Paliwal

Umesh Paliwal

Co-founder

Brings engineering excellence from the Army Institute of Technology — turning deep company data into clear, honest research.

LinkedIn
Santosh Singh

Santosh Singh

Co-founder

Also from the Army Institute of Technology — pairing engineering with a passion for making India's private market accessible to every investor.

LinkedIn
Dinesh Gupta

Dinesh Gupta

Co-founder

15+ years of deep capital-markets expertise, setting the standard for research quality, diligence and client-first execution.

LinkedIn

Two engineers. One markets veteran. Army Institute of Technology discipline meets 15+ years on the trading floor — that mix is why the research is deep and the experience is simple.

Why UnlistedZone

Standards we don’t compromise on

Transparent by default

No hidden charges. Clear indicative prices, fees and valuations — full visibility, every time.

Research-driven

Every company we cover is backed by data, fundamentals and published research — not hype.

Trusted at scale

30 lakh+ investors served since 2018 — one of India's largest platforms for unlisted shares.

Technology-first

A fast, secure and seamless experience across web and app — the private market, simplified.

As featured in
The Economic TimesFinancial ExpressBusiness Standard
On the go

Your watchlist, in the UnlistedZone app.

Indicative prices, company research and your enquiries — in your pocket. Get price notes on the names you follow and reach our team from anywhere.

269+
Shares tracked
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Today’s indicative prices
MSMetropolitan Stock Exchange (MSEI) Unlisted Shares₹7.75
HPHindustan Power Exchange Limited (HPX India)₹24
OROnix Renewable Limited₹46
GEGFCL EV Products Limited₹42
Enquire to buy