Unlisted shares in Karnataka: prices, companies and how to buy (2026)

· 7 min read · Written by the BuyUnlistedShares desk. Information only, not investment advice.

A look at the 14 unlisted companies registered in Karnataka the desk tracks, their indicative prices and lot sizes, and how buyers anywhere in India complete the purchase remotely.

Direct answer: BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — tracks 14 unlisted companies registered in Karnataka, from Hutti Gold Mines to PhonePe and Zepto, with dated indicative prices, lot sizes and minimum tickets. Buyers anywhere in India complete CML-based KYC remotely and receive shares demat to demat, with no need to visit an office.

How buying unlisted shares in Karnataka works from anywhere in India

None of this needs a buyer to be physically present in Karnataka, or anywhere near the desk. The process runs over WhatsApp, email and phone, Monday to Saturday, 8:30am to 6pm IST. KYC is done using the buyer's own Client Master List (CML) from their broker, PAN and a cancelled cheque — the same documents used to open a demat account. The buyer pays the desk, and the desk delivers the shares demat to demat, from NSDL or CDSL straight into the buyer's own demat account. Stamp duty on this kind of transfer is uniform across India at 0.015% of consideration, collected by the depository, and has been since 1 July 2020 — a Karnataka-registered company attracts no different a rate than one registered anywhere else. BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — publishes dated indicative prices for each of the 14 companies below rather than leaving buyers to work off word of mouth.

Unlisted companies registered in Karnataka: prices, lot sizes and minimum tickets

Karnataka is home to 14 companies the desk tracks as unlisted, spanning mining, payments, e-commerce, pharma, packaging, consumer goods and industrials. At the top end, Hutti Gold Mines Company Limited carries an indicative price of ₹1,19,838 for a one-share lot, so the minimum ticket is also ₹1,19,838, as of 21 Sep 2026. PhonePe Limited is indicative at ₹19,968 per share, also a one-share lot. Big Basket trades indicatively at ₹1,950 with a 15-share lot, a ₹29,250 minimum ticket. At the other end, Zepto is indicative at ₹32 per share with a 785-share lot, working out to a ₹25,120 minimum ticket — the smallest entry point among Karnataka-registered names in the pack. One name has recently moved off this list: Manipal Payment & Identity Solutions Ltd (Manipal Cards), formerly tracked here as unlisted, completed its IPO and listed on NSE and BSE on 17 Sep 2026 at ₹330, a -2.65% move from its issue price band, so it is no longer available to buy as an unlisted allocation through the desk.

Sector mix of Karnataka's unlisted companies

The 14 tracked companies cluster across Financials (PhonePe Limited, PNB MetLife Insurance, Razorpay Software Limited), Healthcare (Anglo French Drugs and Industries, S3V Vascular Technologies Limited), Consumer Discretionary (Kanara Consumer Products, House of Kieraya Limited which trades as Furlenco, and Zepto), Industrials (San Engineering and Locomotive Company Limited, A One Steel India Limited), Materials (Manjushree Technopack India Limited), Metals & Mining (Hutti Gold Mines Company Limited) and E-Commerce (Big Basket). Two names in the pack — Razorpay Software Limited and A One Steel India Limited — carry a document flag (drhp) indicating an offer document has been filed, though the document itself is not part of this pack.

IPO issuers registered in Karnataka

Beyond the unlisted names above, the desk's IPO records show a run of Karnataka-registered issuers moving through the calendar this year. SpectraA Technology Solutions, an SME issue, is open from 17 Sep to 21 Sep 2026 with a price band of ₹112–₹118 and a 1,200-share lot, listing 24 Sep on NSE SME; its grey-market premium is unofficial and indicative at ₹45, captured 21 Sep 2026. A-One Steels, a Mainboard issue, opens 24 Sep and closes 28 Sep with a ₹385–₹405 band and a 37-share lot, listing 1 Oct on NSE and BSE, with an unofficial and indicative GMP of ₹60 as of 21 Sep 2026. Moneyview follows the same 24–28 Sep window on the Mainboard, band ₹32–₹34, lot 441 shares, listing 1 Oct; the pack shows no GMP recorded for it. Several Karnataka issuers have already listed: Rentomojo priced at ₹384–₹404 and listed 17 Sep at ₹482.45, a +19.42% move; Manipal Health Enterprises listed 5 Aug at ₹652 against a ₹590 issue price, +10.51%; Indo-MIM listed 30 Jul at ₹700 against ₹485, +44.33%; Millworks Technologies, an SME issue, listed 21 Jul at ₹628.90 against ₹331, +90.0%; Skytech Infinite Platform (SME) listed 21 Aug at ₹74 against ₹77, -3.9%; and Aegeus Technologies (SME) listed 11 Aug at ₹124.50 against ₹105, +18.57%. None of these figures are a forecast for any issue still to list — they describe what has already happened, per the desk's records. The full, current line-up is on the IPO calendar.

Checking prices and reaching the desk

The complete, current list of Karnataka-registered unlisted companies with as-of dates sits on the Buy unlisted shares in Karnataka: prices and companies page, and the same names can be filtered against the rest of the desk's coverage on the Unlisted shares screener. Two related reads worth a look before enquiring: How to Buy CSK and PhonePe Unlisted Shares in India (2026): Price, Lot Size and Where, since PhonePe is one of the Karnataka names above, and Best App or Website for Unlisted Shares in India (2026): Desk vs Marketplace Compared, on how a dealing desk differs from a listing marketplace. For a specific quote against the day's price, buyers can reach BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — through the enquiry form, WhatsApp, phone or email.

Unlisted companies registered in Karnataka: indicative prices as of 22 Sep 2026 (dealer references, not exchange quotes)
CompanySectorIndicative priceLotMinimum ticket
Hutti Gold Mines Company LimitedMetals & Mining₹119,8381₹119,838
PhonePe LimitedFinancials₹19,9685₹99,840
Big BasketE-Commerce₹1,95015₹29,250
Anglo French Drugs and IndustriesHealthcare₹1,07525₹26,875
Manjushree Technopack India LimitedMaterials₹92530₹27,750
Kanara Consumer ProductsConsumer Discretionary₹87530₹26,250
San Engineering and Locomotive Company LimitedIndustrials₹85030₹25,500
S3V Vascular Technologies LimitedHealthcare₹54550₹27,250
Manipal Payment & Identity Solutions Ltd (Manipal Cards)Information Technology₹38565₹25,025
A One Steel India LimitedIndustrials₹32580₹26,000
House of Kieraya Limited (Furlenco)Consumer Discretionary₹260100₹26,000
PNB MetLife InsuranceFinancials₹100250₹25,000
Razorpay Software LimitedFinancials₹85295₹25,110
ZeptoConsumer Discretionary₹32785₹25,120

Frequently Asked Questions

How many unlisted companies are registered in Karnataka?

The desk tracks 14 unlisted companies with a registered office in Karnataka, as of 21 Sep 2026, spanning sectors from mining and payments to healthcare and packaging.

What is the minimum amount needed to buy a Karnataka-registered unlisted share?

It varies by company and lot size. In this pack, the smallest minimum ticket is Zepto at ₹25,120 for a 785-share lot, and the largest is Hutti Gold Mines Company Limited at ₹1,19,838 for a one-share lot, both as of 21 Sep 2026.

Can someone outside Karnataka buy these unlisted shares?

Yes. The entire process is remote — KYC by CML, PAN and a cancelled cheque, payment to the desk, and demat-to-demat delivery into the buyer's own NSDL or CDSL account — regardless of where the buyer or the desk is located.

What stamp duty applies to unlisted share transfers?

Stamp duty on demat-to-demat transfers is uniform across India at 0.015% of consideration, collected by the depository, a rule in force since 1 July 2020. It does not vary by the state where the company is registered.

Should I buy unlisted shares in Karnataka-registered companies?

The desk does not make that call. This article sets out dated indicative prices, lot sizes and how the buying process works; whether a purchase suits a particular buyer depends on factors the desk does not assess, including their own financial situation and risk appetite.


Information only, not investment advice. Unlisted and pre-IPO securities carry liquidity, valuation and listing-timing risk; read the offer document and consult a SEBI-registered investment adviser for advice specific to your situation.

About the desk. BuyUnlistedShares is India's premium unlisted shares desk: the unlisted and pre-IPO dealing desk of Gayatri Financial Synergy, Faridabad, in the market since 2002. Every note is reviewed before it is published. Information only, not investment advice.

Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk: the unlisted and pre-IPO dealing desk of Gayatri Financial Synergy, Faridabad, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.

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Unlisted Shares in Karnataka: Prices & How to Buy (2026)