Investing in unlisted shares, such as those of Rapido, offers a unique opportunity to participate in the growth of private companies before they go public. This comprehensive guide delves into the nuances of buying and selling unlisted shares online, focusing on Rapido's stock value and the broader private equity trading landscape.
Unlisted shares refer to the equity of companies not listed on formal stock exchanges. These private equities are typically traded over the counter, providing investors access to companies in their pre-IPO stages. Engaging in private equity transactions online has become increasingly accessible, allowing investors to diversify their portfolios with private stocks.
Rapido, officially known as Roppen Transportation Services Pvt Ltd, is an Indian bike taxi aggregator and logistics service provider headquartered in Bangalore. Established in 2015, Rapido has expanded its operations to over 100 cities across India. The company's innovative approach allows users to book rides via a mobile app, connecting them with riders, termed "Captains," who provide transportation services. Despite facing regulatory challenges in certain regions, Rapido continues to grow, reflecting its resilience and adaptability in the transport sector.
As of February 27, 2025, Rapido share price stands at ₹16,650 per share, with a face value of ₹1 per share. The company boasts a market capitalization of approximately ₹21,670.57 crore. It's important to note that unlisted share prices can fluctuate based on various factors, including company performance, market demand, and broader economic conditions.
Purchasing Rapido's private stocks involves several steps:
Identify a Reputable Private Equity Dealer: Engage with established unlisted share brokers or private equity dealers who have access to Rapido's shares.
Complete KYC Procedures: Before initiating any transactions, ensure that you complete the necessary Know Your Customer (KYC) documentation. This typically includes providing identification proofs, address verification, and bank account details.
Place an Order: Once KYC is completed, you can place an order to purchase the desired number of Rapido shares. The private equity dealer will confirm the availability and the final price per share.
Payment and Share Transfer: After confirming the order, transfer the agreed-upon amount to the dealer's account. Upon receipt of payment, the dealer will facilitate the transfer of shares to your Demat account.
If you hold Rapido's private equities and wish to divest your holdings, follow these steps:
Engage with a Private Equity Dealer: Contact a reputable unlisted share broker or platform that deals in Rapido's shares.
Negotiate the Selling Price: Based on current market trends and demand, agree upon a selling price for your shares.
Initiate Share Transfer: Transfer the shares from your Demat account to the buyer's account as facilitated by the dealer.
Receive Payment: Once the buyer confirms receipt of shares, the payment will be transferred to your bank account.
Investing in unlisted shares carries inherent risks:
Liquidity Concerns: Private equities are not as liquid as publicly traded stocks, making it potentially challenging to sell them quickly.
Valuation Uncertainty: Determining the accurate market value of unlisted shares can be complex due to the lack of transparent pricing mechanisms.
Regulatory Changes: Shifts in regulations can impact the trading and valuation of unlisted shares.
Engaging in the purchase and sale of unlisted shares like Rapido's offers investors a chance to be part of a company's growth story before it hits the public markets. While the potential rewards are enticing, it's crucial to conduct thorough research, understand the associated risks, and consult with financial advisors to make informed decisions.