Recently listed: how unlisted holders fared

10 companies the desk tracked as unlisted have since listed on the exchange. For each: our earliest and last dated indicative unlisted ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠​⁠​⁠​​​​⁠⁠⁠​​⁠​​⁠​​​⁠​⁠​⁠​⁠​​⁠​⁠​​​⁠​​​​⁠⁠⁠​​⁠​⁠​⁠⁠​​​⁠⁠⁠​⁠​⁠quotes, the IPO price band, and the listing price, newest first. Shivchem Agro Limited listed most recently, on 6 Oct 2026.

Updated 6 Oct 2026, 19:02 IST. Prices dated as shown.

Unlisted quote, IPO band and listing price

Plain dated facts; past prices say nothing about future ones.

Companies we tracked as unlisted that have since listed, newest listing first. Data as of 6 Oct 2026.
CompanyEarliest unlisted quoteLast unlisted quote before listingIPO price bandListing priceListing vs upper bandListing vs last unlisted quote
Shivchem Agro Limited343 dated quotes₹8229 Aug 2025₹625 Oct 2026₹59 – ₹62bidding 28 Sep 2026 to 30 Sep 2026₹626 Oct 2026, BSE SME0.0%₹0 per share0.0%
A One Steel India Limited256 dated quotes₹41516 Jul 2025₹32530 Sep 2026₹385 – ₹405bidding 24 Sep 2026 to 28 Sep 2026₹4551 Oct 2026, NSE, BSE+12.3%+₹50 per share+40.0%
National Stock Exchange (NSE)Series shown from 21 Oct 2024: our quotes moved −60.4% in one step that day, so earlier quotes are left out of the comparison.₹1,90021 Oct 2024₹1,78523 Sep 2026₹1,700 – ₹1,785bidding 17 Sep 2026 to 21 Sep 2026₹1,80024 Sep 2026, BSE+0.8%+₹15 per share+0.8%
Hero Motors LimitedThe last unlisted quote is 3.8 times the upper band; our records hold no bonus or split to reconcile the two, so no comparison is drawn.₹28829 Oct 2025₹31822 Sep 2026₹79 – ₹84bidding 16 Sep 2026 to 18 Sep 2026₹8223 Sep 2026, NSE, BSE−2.4%−₹2 per share—
Manipal Payment & Identity Solutions Ltd (Manipal Cards)349 dated quotes₹47529 Jul 2025₹38516 Sep 2026₹322 – ₹339bidding 9 Sep 2026 to 11 Sep 2026₹33017 Sep 2026, NSE, BSE−2.7%−₹9 per share−14.3%
ESDS623 dated quotes₹2352 Apr 2024₹4293 Sep 2026₹429bidding 28 Aug 2026 to 1 Sep 2026₹7574 Sep 2026, NSE, BSE+76.5%+₹328 per share+76.5%
Skyways Air Services Limited308 dated quotes₹14020 Aug 2025₹14831 Aug 2026₹138bidding 24 Aug 2026 to 27 Aug 2026₹1241 Sep 2026, NSE, BSE−10.1%−₹14 per share−16.2%
Shiprocket Limited54 dated quotes₹16325 Jun 2026₹16318 Aug 2026₹97bidding 12 Aug 2026 to 14 Aug 2026₹13119 Aug 2026, NSE, BSE+35.1%+₹34 per share−19.6%
XtraNet Technologies Pvt. Ltd.Series shown from 29 Oct 2025: our quotes moved −63.2% in one step that day, so earlier quotes are left out of the comparison.₹17529 Oct 2025₹12829 Jul 2026₹127bidding 23 Jul 2026 to 27 Jul 2026₹13630 Jul 2026, NSE, BSE+7.1%+₹9 per share+6.2%
SBI Mutual FundSeries shown from 19 Dec 2025: our quotes moved −75.0% in one step that day, so earlier quotes are left out of the comparison.₹67519 Dec 2025₹57520 Jul 2026₹574bidding 14 Jul 2026 to 16 Jul 2026₹613.3021 Jul 2026, NSE, BSE+6.8%+₹39.30 per share+6.7%

Scroll the table sideways to see every column.

Company by company

  • Shivchem Agro Limited: Unlisted: ₹82 on 29 Aug 2025 → ₹62 on 5 Oct 2026 (last quote ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠​⁠​⁠​​​​⁠⁠⁠​​⁠​​⁠​​​⁠​⁠​⁠​⁠​​⁠​⁠​​​⁠​​​​⁠⁠⁠​​⁠​⁠​⁠⁠​​​⁠⁠⁠​⁠​⁠before listing) → IPO band ₹59–₹62, bidding 28 Sep 2026 to 30 Sep 2026 → listed at ₹62 on 6 Oct 2026 (0.0% vs the upper band). Listing day
  • A One Steel India Limited: Unlisted: ₹415 on 16 Jul 2025 → ₹325 on 30 Sep 2026 (last quote ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠​⁠​⁠​​​​⁠⁠⁠​​⁠​​⁠​​​⁠​⁠​⁠​⁠​​⁠​⁠​​​⁠​​​​⁠⁠⁠​​⁠​⁠​⁠⁠​​​⁠⁠⁠​⁠​⁠before listing) → IPO band ₹385–₹405, bidding 24 Sep 2026 to 28 Sep 2026 → listed at ₹455 on 1 Oct 2026 (+12.3% vs the upper band). Listing day
  • National Stock Exchange (NSE): Unlisted: ₹1,900 on 21 Oct 2024 → ₹1,785 on 23 Sep 2026 (last quote ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠​⁠​⁠​​​​⁠⁠⁠​​⁠​​⁠​​​⁠​⁠​⁠​⁠​​⁠​⁠​​​⁠​​​​⁠⁠⁠​​⁠​⁠​⁠⁠​​​⁠⁠⁠​⁠​⁠before listing) → IPO band ₹1,700–₹1,785, bidding 17 Sep 2026 to 21 Sep 2026 → listed at ₹1,800 on 24 Sep 2026 (+0.8% vs the upper band). Listing day
  • Hero Motors Limited: Unlisted: ₹288 on 29 Oct 2025 → ₹318 on 22 Sep 2026 (last quote before listing) → IPO band ₹79–₹84, bidding 16 Sep 2026 to 18 Sep 2026 → listed at ₹82 on 23 Sep 2026 (−2.4% vs the ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠​⁠​⁠​​​​⁠⁠⁠​​⁠​​⁠​​​⁠​⁠​⁠​⁠​​⁠​⁠​​​⁠​​​​⁠⁠⁠​​⁠​⁠​⁠⁠​​​⁠⁠⁠​⁠​⁠upper band). Listing day
  • Manipal Payment & Identity Solutions Ltd (Manipal Cards): Unlisted: ₹475 on 29 Jul 2025 → ₹385 on 16 Sep 2026 (last quote before listing) → IPO band ₹322–₹339, bidding 9 Sep 2026 to 11 Sep 2026 → listed at ₹330 on 17 Sep 2026 (−2.7% vs ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠​⁠​⁠​​​​⁠⁠⁠​​⁠​​⁠​​​⁠​⁠​⁠​⁠​​⁠​⁠​​​⁠​​​​⁠⁠⁠​​⁠​⁠​⁠⁠​​​⁠⁠⁠​⁠​⁠the upper band). Listing day
  • ESDS: Unlisted: ₹235 on 2 Apr 2024 → ₹429 on 3 Sep 2026 (last quote before listing) → IPO band ₹429, bidding 28 Aug 2026 to 1 Sep 2026 → listed at ₹757 on 4 Sep 2026 (+76.5% vs ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠​⁠​⁠​​​​⁠⁠⁠​​⁠​​⁠​​​⁠​⁠​⁠​⁠​​⁠​⁠​​​⁠​​​​⁠⁠⁠​​⁠​⁠​⁠⁠​​​⁠⁠⁠​⁠​⁠the upper band). Listing day
  • Skyways Air Services Limited: Unlisted: ₹140 on 20 Aug 2025 → ₹148 on 31 Aug 2026 (last quote before listing) → IPO band ₹138, bidding 24 Aug 2026 to 27 Aug 2026 → listed at ₹124 on 1 Sep 2026 (−10.1% vs ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠​⁠​⁠​​​​⁠⁠⁠​​⁠​​⁠​​​⁠​⁠​⁠​⁠​​⁠​⁠​​​⁠​​​​⁠⁠⁠​​⁠​⁠​⁠⁠​​​⁠⁠⁠​⁠​⁠the upper band). Listing day
  • Shiprocket Limited: Unlisted: ₹163 on 25 Jun 2026 → ₹163 on 18 Aug 2026 (last quote before listing) → IPO band ₹97, bidding 12 Aug 2026 to 14 Aug 2026 → listed ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠​⁠​⁠​​​​⁠⁠⁠​​⁠​​⁠​​​⁠​⁠​⁠​⁠​​⁠​⁠​​​⁠​​​​⁠⁠⁠​​⁠​⁠​⁠⁠​​​⁠⁠⁠​⁠​⁠at ₹131 on 19 Aug 2026 (+35.1% vs the upper band). Listing day
  • XtraNet Technologies Pvt. Ltd.: Unlisted: ₹175 on 29 Oct 2025 → ₹128 on 29 Jul 2026 (last quote ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠​⁠​⁠​​​​⁠⁠⁠​​⁠​​⁠​​​⁠​⁠​⁠​⁠​​⁠​⁠​​​⁠​​​​⁠⁠⁠​​⁠​⁠​⁠⁠​​​⁠⁠⁠​⁠​⁠before listing) → IPO band ₹127, bidding 23 Jul 2026 to 27 Jul 2026 → listed at ₹136 on 30 Jul 2026 (+7.1% vs the upper band). Listing day
  • SBI Mutual Fund: Unlisted: ₹675 on 19 Dec 2025 → ₹575 on 20 Jul 2026 (last quote before listing) → IPO band ₹574, bidding 14 Jul 2026 to 16 Jul 2026 → listed at ₹613.30 on 21 Jul 2026 (+6.8% vs ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠​⁠​⁠​​​​⁠⁠⁠​​⁠​​⁠​​​⁠​⁠​⁠​⁠​​⁠​⁠​​​⁠​​​​⁠⁠⁠​​⁠​⁠​⁠⁠​​​⁠⁠⁠​⁠​⁠the upper band). Listing day

How these figures are made

  • Unlisted quotes are the desk’s own dated indicative prices for each company, before its listing date.
  • Price bands, listing dates and listing prices come from our IPO calendar record of each issue (exchange data).
  • “Listing vs last unlisted quote” compares two dated prices; it is left blank where our records cannot reconcile the share basis ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠​⁠​⁠​​​​⁠⁠⁠​​⁠​​⁠​​​⁠​⁠​⁠​⁠​​⁠​⁠​​​⁠​​​​⁠⁠⁠​​⁠​⁠​⁠⁠​​​⁠⁠⁠​⁠​⁠of the two prices (for example after a bonus or split).
  • A company appears here once our records mark it as listed and the IPO record carries a listing price.

Indicative unlisted prices are dealer references, not exchange quotes. Listed shares are bought and sold through a stockbroker; BuyUnlistedShares deals only in unlisted shares.

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Indicative reference price, dated. BuyUnlistedShares is India's premium ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​⁠​⁠​⁠​⁠​​​​⁠⁠⁠​​⁠​​⁠​​​⁠​⁠​⁠​⁠​​⁠​⁠​​​⁠​​​​⁠⁠⁠​​⁠​⁠​⁠⁠​​​⁠⁠⁠​⁠​⁠unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.

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Recently Listed: How Unlisted Shares Fared at IPO