Unlisted Shares in Madhya Pradesh: Companies, Prices and How to Buy (2026)

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

Madhya Pradesh has one unlisted company on the desk's books, Gynofem Healthcare and Pharmaceutical, and four IPO issuers across every stage of the pipeline.

Direct answer: BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — tracks Gynofem Healthcare and Pharmaceutical, the one Madhya Pradesh-registered unlisted company on its books, plus four IPO issuers from the state, all buyable or trackable remotely, with settlement demat to demat, as of 21 Sep 2026.

IPO issuers registered in Madhya Pradesh

Four IPOs tracked by the desk have issuers registered in Madhya Pradesh, across every stage of the pipeline as of 21 Sep 2026. Peshwa Wheat, an SME issue with a price band of ₹95 to ₹101, was upcoming, opening 24 Sep 2026 and closing 28 Sep 2026. Shakti Polytarp, an SME issue priced at ₹56 to ₹59, had closed on 17 Sep 2026 with a grey-market premium (GMP) — unofficial and indicative, captured 21 Sep 2026 — of ₹6, and was due to list 22 Sep 2026. Symbiotec Pharmalab, a mainboard issue priced at ₹988, listed flat at ₹988 on 1 Sep 2026. Xtranet Technologies, a mainboard issue priced at ₹127, listed on 30 Jul 2026 at ₹136, a gain of +7.1% over the issue price. These listing outcomes are historical facts for those specific issues, not a pattern for any future one. The desk's IPO calendar tracks live and upcoming issues from Madhya Pradesh and every other state as they open.

The unlisted company registered in Madhya Pradesh

As of 21 Sep 2026, one company registered in Madhya Pradesh is tracked by the desk. Gynofem Healthcare and Pharmaceutical (ISIN INE0NLL01017, Pharmaceuticals) is quoted at ₹64 per share, lot size 395, minimum investment ₹25,280; market capitalisation ₹635 crore.

This price was last updated on 21 Sep 2026. The Buy unlisted shares in Madhya Pradesh: prices and companies page and the Unlisted shares screener filtered to the state carry the current figure, and will show any further Madhya Pradesh company the desk adds later.

Why BuyUnlistedShares for Madhya Pradesh investors

BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — sets Gynofem Healthcare and Pharmaceutical against a base of 230 unlisted companies tracked across India, each with a dated dealer reference price rather than a live exchange quote. An investor in Madhya Pradesh is not limited to the one locally registered name either: any of the 230 tracked companies, wherever they are registered, can be bought through the same remote process.

How buying works remotely from anywhere in Madhya Pradesh

Working hours for queries are Monday to Saturday, 8:30am to 6pm IST, with a reply within a working day.

Stamp duty and settlement

Stamp duty on demat transfers of shares has been uniform across India at 0.015% of consideration since 1 July 2020, collected by the depository at the time of transfer. A buyer in Madhya Pradesh pays the same rate as a buyer anywhere else in India; there is no separate state schedule to work out for an unlisted-share transfer.

For related reading, see How to Buy CSK and PhonePe Unlisted Shares in India (2026): Price, Lot Size and Where and Best App or Website for Unlisted Shares in India (2026): Desk vs Marketplace Compared.

Investors anywhere in Madhya Pradesh who want current prices, lot sizes or financials for Gynofem Healthcare and Pharmaceutical, or any other company on the desk's list, can reach BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — through enquire, and the desk replies within a working day.

Unlisted companies registered in Madhya Pradesh: indicative prices as of 22 Sep 2026 (dealer references, not exchange quotes)
CompanySectorIndicative priceLotMinimum ticket
Gynofem Healthcare and PharmaceuticalPharmaceuticals₹64395₹25,280

Frequently Asked Questions

How many unlisted companies does the desk track in Madhya Pradesh?

One, as of 21 Sep 2026: Gynofem Healthcare and Pharmaceutical, a pharmaceuticals company quoted at ₹64 per share.

Are there IPO issuers from Madhya Pradesh to track?

Yes, four as of 21 Sep 2026: Peshwa Wheat (upcoming), Shakti Polytarp (closed), and Symbiotec Pharmalab and Xtranet Technologies, both already listed.

Can I buy Madhya Pradesh unlisted shares without visiting an office?

Yes. The desk's process is fully remote — KYC by CML, PAN and a cancelled cheque, followed by demat-to-demat delivery — from any city in Madhya Pradesh.

Is the price shown for Gynofem Healthcare and Pharmaceutical a live exchange quote?

No. It is a dated, indicative dealer reference from the desk, not a live exchange quote, and it carries the date it was last updated.

Should I buy shares of Gynofem Healthcare and Pharmaceutical?

The desk does not make that call. This article and the desk's pages present dated, indicative figures for information only, not a recommendation to buy, sell or hold any specific company.


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 Madhya Pradesh (2026) | BuyUnlistedShares