How unlisted shares are traded?

Unlisted shares are traded through brokers who specialise in trading unlisted shares. Trading in unlisted shares is usually done through telephone calls and is described below:

• The investor can find a good broker through the Internet and contact them.
• Discuss the minimum number of shares and the price.
• Once agreed, fill the KYC with the broker. (PAN, Aadhar, Demat Client Master List, Cancelled Cheque copy ).
• Pay the broker with the agreed transaction amount.
• The broker will credit the shares to the demat account within 2 working days.

Note: The price quoted by brokers is usually net of all charges, i.e. commission and stamp duty.

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