Where to Buy Unlisted Shares in Bengaluru (2026): PhonePe, Zepto and More

21 Sep 2026 · 7 min read · Written by the BuyUnlistedShares desk. Information only, not investment advice.

Bengaluru is home to twelve tracked unlisted companies, from PhonePe to Zepto, as of 21 Sep 2026. Here is what they cost, Karnataka's IPO pipeline, and how buying settles remotely.

Written by the BuyUnlistedShares desk · Published 21 Sep 2026 · Updated 21 Sep 2026

Information only, not investment advice.

Direct answer: BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — tracks twelve unlisted companies registered in Bengaluru, including PhonePe, Zepto, Razorpay and Big Basket, with dated indicative prices as of 21 Sep 2026; buying is fully remote, with KYC on the buyer's own Client Master List and shares settled demat to demat into the buyer's own account.

IPO issuers from Karnataka: what has listed and what is coming

Karnataka has been one of the busiest states on the IPO calendar this year. SpectraA Technology Solutions, an SME issue, is open and closes 21 Sep 2026, listing 24 Sep 2026, with an unofficial and indicative grey-market premium (GMP) of ₹45 as of 21 Sep 2026 against a price band of ₹112–₹118. A-One Steels, a mainboard issue with a price band of ₹385–₹405, opens 24 Sep 2026 and carries a GMP of ₹60 as of the same date; the desk's records show a draft IPO document already on file for A One Steel India Limited, the Bengaluru-registered unlisted company that shares its name. Moneyview, also mainboard, opens 24 Sep 2026 at a price band of ₹32–₹34.

Seven Karnataka issues have already listed this year, with first-day outcomes ranging from a listing-day change of -3.9% (Skytech Infinite Platform) to a listing-day change of +90.0% (Millworks Technologies). Between those, Manipal Payment and Identity Solutions listed at -2.65%, Rentomojo at +19.42%, Aegeus Technologies at +18.57%, Manipal Health Enterprises at +10.51% and Indo-MIM at +44.33%. These are recorded first-day outcomes, not a pattern that predicts how SpectraA, A-One Steels or Moneyview will list. Past price moves do not indicate future returns.

Marquee unlisted companies registered in Bengaluru

Twelve companies tracked by the desk are registered in Bengaluru as of 21 Sep 2026 — the largest single-city count in the desk's database. Dated prices, lot sizes and minimum tickets for all twelve are on Buy unlisted shares in Bengaluru: prices and companies.

PhonePe Limited (Financials) is quoted at ₹19,968, market capitalisation ₹1,07,000 crore, and carries a draft IPO document on file with the desk. Big Basket (E-Commerce) is quoted at ₹1,950, market capitalisation ₹21,781.50 crore. Razorpay Software Limited (Financials) is quoted at ₹85.12, lot size 295, also with a draft IPO document on file. Zepto (Consumer Discretionary) is quoted at ₹32, lot size 785, market capitalisation ₹40,330.22 crore, also with a draft IPO document on file. Hutti Gold Mines Company Limited (Metals & Mining) is the highest-priced of the twelve at ₹1,19,838 per share, lot size 5. Other names include Anglo French Drugs and Industries (Healthcare, ₹1,075), Manjushree Technopack India Limited (Materials, ₹925), Kanara Consumer Products (Consumer Discretionary, ₹875), San Engineering and Locomotive Company Limited (Industrials, ₹850), A One Steel India Limited (Industrials, ₹325), House of Kieraya Limited, trading as Furlenco (Consumer Discretionary, ₹260), and PNB MetLife Insurance (Financials, ₹100). All prices are dated indicative dealer references as of 21 Sep 2026, not exchange quotes, and reflect each company's registered office as filed with the Registrar of Companies, not where it operates.

How buying unlisted shares works remotely from Bengaluru

None of the twelve companies above require a Bengaluru buyer to be anywhere near the desk's office to transact. KYC runs on the buyer's own Client Master List (CML) from their broker, PAN and a cancelled cheque; the buyer pays the desk; and BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — settles the shares demat to demat, through NSDL or CDSL, directly into the buyer's own demat account. Contact is by WhatsApp, email or phone. Stamp duty on demat transfers is uniform across India at 0.015% of consideration since 1 July 2020, collected by the depository, so a Bengaluru buyer pays the same rate as anywhere else.

The rest of Karnataka's unlisted universe

Karnataka has 14 companies in the desk's tracked universe in total, so two sit outside Bengaluru. S3V Vascular Technologies Limited (Healthcare) is quoted at ₹545, lot size 50, as of 21 Sep 2026. Manipal Payment & Identity Solutions Ltd, known as Manipal Cards, has already listed on the exchange, following its IPO on 17 Sep 2026; the desk's records show it at ₹385 as of the same date. The full, filterable Karnataka roster is on the Unlisted shares screener.

The desk is one of very few in India that cover both unlisted shares and IPOs from the same place: dated indicative prices and five data tables per company on names like PhonePe, Razorpay and Zepto, alongside live subscription figures, GMP trend and allotment status for issues such as SpectraA Technology Solutions and A-One Steels, all answered within a working day since 2002. Readers comparing two widely searched names, or weighing where to transact at all, may find 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 useful.

For dated indicative prices, lot sizes and documentation on any of the companies named above, or to ask about buying from Bengaluru specifically, reach the desk at /enquire. BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — replies within a working day.

Frequently Asked Questions

Which unlisted companies are registered in Bengaluru?

Twelve as of 21 Sep 2026, including PhonePe Limited, Zepto, Razorpay Software Limited, Big Basket, Hutti Gold Mines Company Limited, Anglo French Drugs and Industries, Manjushree Technopack India Limited, Kanara Consumer Products, San Engineering and Locomotive Company Limited, A One Steel India Limited, House of Kieraya Limited (Furlenco) and PNB MetLife Insurance.

Can I buy PhonePe or Zepto unlisted shares without visiting Bengaluru or the desk's office?

Yes. KYC is completed against the buyer's own Client Master List, PAN and a cancelled cheque over WhatsApp, email or phone, and shares settle demat to demat into the buyer's own account, wherever the buyer is based.

Are the prices for Bengaluru companies fixed?

No. Every price is a dated indicative dealer reference, not an exchange quote, and changes over time. The as-of date beside each figure shows exactly when it was last updated.

Is A One Steel India Limited related to the A-One Steels IPO?

The desk's records show a draft IPO document on file for A One Steel India Limited, the Bengaluru-registered unlisted company, and a mainboard issue named A-One Steels is opening on the IPO calendar. The document does not state further detail beyond this filing status.

Should I buy unlisted shares from a Bengaluru-registered company?

The desk does not make that call. This article lays out what is on record — registered office, sector, price, lot size and minimum ticket — so a reader can evaluate it themselves; it is not a recommendation to buy, hold or avoid any company named.

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.