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The Return Journey · Sell-side desk

Sell your unlisted shares & ESOPs

Holding vested ESOPs or shares in a private company? Tell the sell-side desk what you hold and we'll come back with an indicative reference and clear next steps — no obligation to proceed.

This is an enquiry, not an order. An indicative reference is a benchmark, not a guaranteed price, and a sale, price or timeline is never guaranteed — unlisted holdings settle off-market in demat form and can take time to exit.

Why use the sell enquiry desk

What the sell-side enquiry gives you

An indicative reference benchmarked to the market data available to the desk
A confidential first review of the holding and transfer constraints you disclose
Clear explanation of possible next steps, without a buyer or exit guarantee
Confidential, and no obligation to proceed
What we help you exit

What you can bring to the desk

You may submit an enquiry about an allotted holding. Transferability, buyer interest, pricing and any available route must be assessed case by case; none is guaranteed.

1
Vested ESOPs & RSUs
2
Direct equity in a private company
3
Sweat / founder equity
4
Angel & early-investor stakes
5
Pre-IPO allotments
The process

How the sell enquiry works

Stop 1

Tell us your holding

Name the company, how many shares and what kind — ESOP, direct or otherwise.

Stop 2

An indicative market reference

The desk benchmarks a reference against live pricing across the unlisted companies we track. It is a reference, not a guaranteed price.

Stop 3

The desk reviews possible next steps

The desk checks the information supplied and may explain possible introductions or intermediary routes. No buyer, price or completion is promised.

Stop 4

Any execution is documented separately

If you choose to proceed, the intermediary, counterparty, fees, documents and off-market demat settlement terms must be disclosed and agreed separately.

Benefits

What you gain

A benchmarked indicative reference with its limitations stated
One point of contact while the enquiry is reviewed
Clear next-step and document requirements if a route is available
Confidential — your details aren't broadcast
Research-led review, without a recommendation or exit promise
Who this is for

Who this enquiry form is for

A
Current & former employees with vested ESOPs
B
Early investors seeking a clean exit
C
Founders or promoters liquidating a portion
D
Anyone holding hard-to-sell unlisted shares
Sell-side desk · Non-binding enquiry

Request an indicative market reference.

Send a few details about your holding and the desk will come back with an indicative reference and clear next steps — no obligation to proceed.

SELL ENQUIRY
Sell-side desk · Window No. 2

Tell us what you hold.

Send a few details and the desk will come back with an indicative reference and next steps. Confidential by default.

By submitting, you agree to our Privacy Policy and consent to being contacted about your enquiry. This is non-binding—not an order, payment or guaranteed sale.

Information only. An indicative reference is a benchmark, not a guaranteed price — a sale, price or timeline is never guaranteed. Unlisted transfers are off-market and settle in demat form.

Good to know

Frequently asked questions

How is my selling price decided?

The desk gives an indicative reference benchmarked to live market references across the unlisted companies we track. It is a reference, not a guaranteed price — the final number depends on buyer demand and verification of the shares.

Can I sell vested ESOPs even though the company isn't listed?

Usually yes, if the shares are allotted, vested and freely transferable. Some holdings carry lock-ins or company transfer-restrictions — we check that upfront before anything proceeds.

How does settlement work?

If an enquiry proceeds, execution and settlement must be handled under separate documentation by the disclosed intermediary and counterparty. Unlisted shares generally transfer off-market between demat accounts through NSDL/CDSL; verify the documents, payment mechanics and intermediary registration before proceeding.

Is there a fee?

Submitting the website form is a non-binding enquiry. Any intermediary, counterparty or service fee relevant to a later step must be disclosed separately before you decide whether to proceed.

Will my information be kept private?

We use your details to review and respond to the enquiry. If you ask us to take it further, relevant details may be shared with a separately identified intermediary or counterparty as described in our Privacy Policy.

Do you guarantee a sale or a price?

No. This page accepts non-binding enquiries and does not guarantee a buyer, sale, price, timeline or completion. It is information only, not investment advice or an offer to deal.

Reviewed by Kanishk Dev Bangia, who holds NISM Series V-A and XV (credential ID NISM-202300182946). This credential is not a SEBI registration and the content is information only, not investment advice.

BuyUnlistedShares provides research, indicative market data and non-binding buy and sell enquiries. It does not provide investment advice, operate an exchange, execute trades, custody securities or accept customer funds. Any execution and settlement must occur through an appropriately registered intermediary under separate documentation. Unlisted securities carry material risks, including limited liquidity, uncertain pricing, transfer restrictions and possible loss of capital. Prices and availability are indicative and may change. Evaluate the documents, intermediary, suitability and risks independently before acting. A sell enquiry is not an order, price promise or guaranteed sale.

TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹19,500 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,950 · HDFC SECURITIES LIMITED ₹8,450 · NATIONAL STOCK EXCHANGE (NSE) ₹2,035 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · SBI MUTUAL FUND ₹575 · CHENNAI SUPER KINGS (CSK) ₹248 · BIRA 91 (B9 BEVERAGES LIMITED) ₹60 · ZEPTO UNLISTED SHARES ₹38 · ORAVEL STAYS (OYO ROOMS) ₹25 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹19,500 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,950 · HDFC SECURITIES LIMITED ₹8,450 · NATIONAL STOCK EXCHANGE (NSE) ₹2,035 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · SBI MUTUAL FUND ₹575 · CHENNAI SUPER KINGS (CSK) ₹248 · BIRA 91 (B9 BEVERAGES LIMITED) ₹60 · ZEPTO UNLISTED SHARES ₹38 · ORAVEL STAYS (OYO ROOMS) ₹25 — INDICATIVE, NOT AN OFFER TO DEAL —