Many people ask me that How they can buy unlisted stocks? Well, unlisted stocks are those which are not listed on the stock exchange but hoping to list on the stock exchange in the future and there is a huge market of unlisted stocks in India especially in Ahmedabad, Gujarat where I am living.
In fact, when I was in a second MBBS, I had bought few shares of unlisted stocks from one of my friend's broker. In case of unlisted stocks, you will have to find a buyer by yourself. This is because they are not listed on the stock exchange.
And this is the reason they are risky investments and many unlisted stocks are frauds. They are just the piece of papers and "On Paper" registered companies without any businesses. So in my opinion, you should stay away from unlisted securities investments.
People invest in them because brokers and so called financial advisors and expert friends tell them that they will give the highest returns and in the future they may list on the stock market but well, that day will never come.
None of these stocks ever get listed on the stock exchange because most of them are the scams. So next time, when you get an offer from your stock broker or a friend to buy unlisted stocks than stay away from it.
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