Where to Buy Unlisted Shares in Indore (2026): Prices and IPOs
· 5 min read · Written by the BuyUnlistedShares desk. Information only, not investment advice.
Gynofem Healthcare and Pharmaceutical is the only tracked unlisted company registered in Indore as of 21 Sep 2026. Here is its price, Madhya Pradesh's IPOs, and how buying settles remotely.
Direct answer: BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — tracks one unlisted company registered in Indore, Gynofem Healthcare and Pharmaceutical, quoted at ₹64 as of 21 Sep 2026, alongside four IPO issuers registered in Madhya Pradesh, and buying any of them is completed entirely remotely, settled demat to demat.
The one unlisted company registered in Indore
As of 21 Sep 2026, Gynofem Healthcare and Pharmaceutical is the only company in the desk's tracked universe with its registered office in Indore, and it is also the only one registered anywhere in Madhya Pradesh. It sits in the Pharmaceuticals sector, quoted at ₹64, lot size 395, minimum ticket ₹25,280 and market capitalisation ₹635 crore. Full detail is on Buy unlisted shares in Indore: prices and companies.
The price is a dated indicative dealer reference as of 21 Sep 2026, not an exchange quote, and it changes over time. The desk's source pack does not carry a business description for Gynofem Healthcare and Pharmaceutical beyond sector classification and the figures above, so this article does not go further than what is on record.
IPO issuers registered in Madhya Pradesh
Madhya Pradesh has produced four IPO issuers tracked by the desk this year, current status on the IPO calendar. Peshwa Wheat, an SME issue with a price band of ₹95–₹101, opens 24 Sep 2026 and closes 28 Sep 2026, with listing expected 1 Oct 2026. Shakti Polytarp, an SME issue priced at ₹56–₹59, closed on 17 Sep 2026 and awaits listing on 22 Sep 2026; it carries an unofficial and indicative grey-market premium (GMP) of ₹6 as of 21 Sep 2026, which is a grey-market data point, not a forecast of where it will list. Symbiotec Pharmalab, a mainboard issue priced at ₹988, listed on 1 Sep 2026 flat at ₹988, a listing-day change of 0.0%. Xtranet Technologies, a mainboard issue priced at ₹127, listed on 30 Jul 2026 at ₹136, a listing-day change of +7.1%. These recorded outcomes are specific to those issues and do not indicate how Peshwa Wheat, or any future Madhya Pradesh issue, will list. Past price moves do not indicate future returns.
How buying unlisted shares works remotely from Indore
Buying Gynofem Healthcare and Pharmaceutical does not require an Indore-based buyer to visit the desk's office. The process is: KYC by 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 — transfers the shares demat to demat, through NSDL or CDSL, directly into the buyer's own demat account. Contact runs over WhatsApp, email or phone, and no office visit is required. Stamp duty on demat transfers has been uniform across India at 0.015% of consideration since 1 July 2020, collected by the depository at settlement, so an Indore-based buyer pays exactly the same rate as a buyer anywhere else in India.
Because only one company is registered in Madhya Pradesh itself, an Indore-based buyer researching a broader set of names is, in practice, looking at companies registered elsewhere in India; the desk's remote process makes that no different from buying a locally registered company. The full, filterable list, by state, is on the Unlisted shares screener.
One desk for unlisted shares and IPOs
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 such as Gynofem Healthcare and Pharmaceutical, alongside live subscription figures, GMP trend and allotment status on issues such as Peshwa Wheat and Shakti Polytarp, all answered within a working day since 2002. Readers comparing widely searched names, or deciding 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 background.
For dated indicative price and documentation on Gynofem Healthcare and Pharmaceutical, or to ask about buying from Indore specifically, reach the desk at /enquire. BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002 — replies within a working day.
| Company | Sector | Indicative price | Lot | Minimum ticket |
|---|---|---|---|---|
| Gynofem Healthcare and Pharmaceutical | Pharmaceuticals | ₹64 | 395 | ₹25,280 |
Frequently Asked Questions
Which unlisted companies are registered in Indore?
One as of 21 Sep 2026: Gynofem Healthcare and Pharmaceutical (Pharmaceuticals), quoted at ₹64. It is the only company in the desk's tracked universe registered anywhere in Madhya Pradesh.
Do I need to visit Indore or the desk's office to buy?
No. 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.
Is the ₹64 price for Gynofem Healthcare and Pharmaceutical fixed?
No. It is a dated indicative dealer reference as of 21 Sep 2026, not an exchange quote, and it changes over time. The as-of date beside the figure states exactly when it was last updated.
Are there any Madhya Pradesh IPOs open right now?
Peshwa Wheat, an SME issue, opens 24 Sep 2026 and closes 28 Sep 2026, with listing expected 1 Oct 2026, per the IPO calendar. Shakti Polytarp has closed and awaits listing; Symbiotec Pharmalab and Xtranet Technologies from the state have already listed this year.
Should I buy Gynofem Healthcare and Pharmaceutical shares?
The desk does not make that call. This article sets 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 the 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.
