Top 10 Unlisted Shares To Buy In 2024 (2024)

To invest in shares is risky enough, it becomes all the more difficult if you don’t know in which company you want to invest. Investing in unlisted shares is the best option for investors who are patient and are not looking for instant profits. For those who are confused about which company to invest in, we bring to you a list of the 10 best unlisted shares to buy in 2023.

1. Schneider Electric

Since its inception on 22nd October,1984, Schneider Electric President Systems Limited has been designing, producing, and supplying standard and tailored enclosure systems for IT and telecommunication infrastructure, systems management, and operations. In order to support customers countrywide with installation, commissioning, and ongoing services, the company also maintains a network of sales offices, representatives, and distributors.

Financials - The company’s revenue has grown by 45% on a YoY basis. The Operating Profit has risen by 19.42% and the Net Profit has increased by 11.8%. The operating Profit Margin is 7.87%. Shares are trading at a low P/E of 13.8x and a low P/B of 2x So, we can say that this is an undervalued stock.

2. Orbis Financial

Since 2009, Orbis Financial has been a leading player in the financial services sector, offering securities services to high-net-worth individuals, corporations, and foreign and domestic investors. The company provides various futuristic services created and tailored to enable investors across segments to handle their investment activities effectively and securely.

Financials - In the last two years, Orbis Financial’s Operating Revenue has grown with a CAGR rate of 113.83% and its Operating Profit has grown by a CAGR rate of 101.99% during the same period. The Net Profit has increased with a CAGR rate of 103.34% and the Operating Profit Margin is 62.80%. Orbis Financial is available at an attractive valuation of 16.8x.

3. Mohan Meakin Limited

Founded on November 2nd, 1934, Mohan Meakin Limited produces both alcoholic and non-alcoholic beverages, including rum (Old Monk), whisky, beer, vodka, gin, and apple juice. The corporation is a pioneer in the alcoholic beverage sector and has established distilleries and breweries across the nation.The company exports alcoholic beverages to numerous nations worldwide, including Germany, Russia, the United States, Oman, the United Arab Emirates, and others. In order to strategically diversify and expand, the company entered the fruit juice, breakfast food, cold storage, mineral water, and glass manufacturing industries.

Financials - In the last three years, Mohan Meakin Limited’s revenue has increased by 7.7% on a YoY basis and with a CAGR of 18.78%. Operating Profit has grown by 19.79% on a YoY basis and with a CAGR of 36.92%. Net Profit has risen by 52.7% on a YoY basis and with a CAGR of 38.10%.The operating Profit margin is 5.39%.Shares are available at a decent valuation of 26.6x.

4. STUDDS

STUDDS Accessories Limited, a well-known helmet and motorcycle accessories producer, was established on February 3rd, 1983. Since then, they have flourished and are now the world's largest two-wheeler helmet producer. STUDDS has a strong product portfolio and a strong global presence in over 40 countries around the world. The company produces a wide range of two-wheeler safety-related goods, including helmets, motorbike accessories, face masks, face shields, etc.

Financials - The company’s revenue has decreased by 3.6% on a YoY basis and the Net Profit has decreased by 61.4% on a YoY basis. Poor results reported by STUDDS in FY22. So, the price is corrected. Even though the financials don’t seem that good, STUDDS is expected to give huge returns in the long term.

5. Elcid Investment

Elcid Investments Limited was officially incorporated on December 3rd, 1981. The Reserve Bank of India has registered it as a non-banking finance company. Suptaswar Investment and Trading Co. Ltd. and Murahar Investment and Trading Co. Ltd. are the company's two subsidiaries as of March 2019. These subsidiaries have also registered as non-banking finance companies with the Reserve Bank of India. The company mainly invests in shares (both listed and unlisted), debentures, mutual funds, and other financial instruments.

Financials - In the last four years, the company’s Revenue from Operations has grown 84.7% on a YoY basis with a CAGR of 240.87%.The Operating Profit has risen by 82.41% on a YoY basis with a CAGR of 42.51%.The Net Profit has grown by 82.1% on a YoY basis with a CAGR of 34.02%. In FY22, Company’s Operating Profit Margin is 97.70%.

The Book Value of Elcid Investment is Rs.6,16,440 per share. Shares are available at a PE of 31x, and PB of 0.3x.

6. Signify

Signify Innovations was incorporated in 2015 and is a Dutch multinational company. Previously known as Philips Lighting, the company produces Electric lights and lighting fixtures, for both consumers and professionals. Their comfortable, high-quality lighting goods and services provide clients with convenience and make people's lives easier.

With its continued leadership in the ongoing development of connected lighting systems and services, Signify has been a major factor behind several breakthroughs. They are the top firm for the Internet of Things due to their expertise in connected lighting.

Financials - Signify’s Revenue has risen by 11.7% on a YoY basis. Operating Profit has increased by 21.71% on a YoY basis. The Net Profit has decreased by 13.3% on a YoY basis.

Shares are available at a daily valued price.

7. Sterlite Power Transmission Limited

Sterlite Power Transmission Limited was incorporated on 5th May 2015. It is a market leader in integrated power transmission as a developer and solution supplier. When it comes to technology and innovation in India's transmission industry, Sterlite Power has been a pioneer. They have paved the path for other countries to adopt the most recent best practices in the legacy-driven power transmission industry. They are at the forefront of developing, using, and building newer, more effective technologies that improve their capacity to offer specialised solutions for the demands of customers. To move the carriage towards a future that is green and energy-efficient, Sterlite Power offers a variety of high-performance power conductors, high-voltage cables, and optical ground wires.

Financials - In the last 4 years, Sterlite Power’s revenue has grown with a CAGR of 19.57%. Operating Profit has increased with a CAGR of 12.38%. The Net Profit has grown with a CAGR of 16.61%. The Operating Profit Margin is 26.05%.

After bonus shares are available at a valuation of 16.4x.

8. API Holdings (Pharmeasy)

API Holdings Limited, a company founded on March 31st, 2019, creates and manages an integrated digital healthcare platform through its subsidiaries. The business runs the PharmEasy consumer healthcare app, which enables pharmaceutical supplies to be delivered to clients' homes. Additionally, it offers services like database management, data processing, medical and legal transcribing, and call centre management.

Financials - Revenue has grown by 145.3% on a YoY basis.The Net Loss has increased from 641 Cr. to 3,992 Cr. because the company is trying to acquire more customers.

The shares of API Holdings are available at a very reasonable price and it has the potential to grow more than 3x in the long term.

9. Hexaware Technologies Limited

Hexaware Technologies Limited is a public limited company that was incorporated on 20th November 1992. It is a leading global provider of BPO and IT services. The company offers software development, business process services and IT consulting development. They offer application transformation management solutions such as API and integration, delivery, and application-managed services, business intelligence and analytics services, and a lot more.

The corporation has a global customer base and serves clients in a number of industry sectors, including banking, financial services, healthcare, insurance, manufacturing and consumer goods, hi-tech and professional services, and travel and transportation.

Financials - In the last 3 years, the Revenue has increased by 15.1% on a YoY basis and with a CAGR of 15.5. Operating Profit has increased by 10.93% on a YoY basis and with a CAGR of 14.87%. Net Profit has increased by 20.5% on YoY basis and with a CAGR of 8.71%. The Operating Profit Margin is 16.58%.

Shares are trading at an attractive valuation of 22x.

10. Chennai Super Kings Cricket Limited

Chennai Super Kings Cricket Limited, an India Cements subsidiary brand, was established on December 19, 2014. This business enjoys considerable popularity in India thanks to "Chennai Super Kings," its cricket team. Chennai, Tamil Nadu serves as the team's base of operations. They compete in the Indian Premier League, a domestic cricket league.

Financials - In the last 4 years, the Revenue has increased by 37.7% on a YoY basis and with a CAGR of 226.52%. Net Profit has decreased by 20.3% on YoY basis and increased with a CAGR of 137.84%.

The Operating Profit Margin is 14.48%.

Closing

Only 4% of Indians invest regularly in the stock market. This financial instrument has the potential to generate larger and proliferating profits as compared to the listed market but is rarely known to investors.

With Sharescart.com, you don't need to worry about anything if you want to purchase or sell unlisted shares. We conduct in-depth research on the companies and their financials for you. Our knowledgeable representatives will any and all of your queries and will guide you through each step of the procedure.

Top 10 Unlisted Shares To Buy In 2024 (2024)

FAQs

What stock will grow the most in 2024? ›

*Based on current CFRA 12-month target prices.
  • Nvidia Corp. (NVDA) ...
  • Alphabet Inc. (GOOG, GOOGL) ...
  • Meta Platforms Inc. (META) ...
  • JPMorgan Chase & Co. (JPM) ...
  • Tesla Inc. (TSLA) ...
  • Mastercard Inc. (MA) ...
  • Salesforce Inc. (CRM) ...
  • Advanced Micro Devices Inc. (AMD)
4 days ago

Which share is best to buy in 2024? ›

Before making informed investment decisions, delve into the details of each stock to understand how they can potentially shape the trajectory of your financial destiny.
  1. Tata Consultancy Services Ltd: ...
  2. Infosys Ltd: ...
  3. Hindustan Unilever Ltd: ...
  4. Reliance Industries Ltd: ...
  5. HDFC Bank Ltd:
Apr 9, 2024

Which are the best unlisted shares to buy? ›

For those who are confused about which company to invest in, we bring to you a list of the 10 best unlisted shares to buy in 2023.
  • Mohan Meakin Limited. ...
  • STUDDS. ...
  • Elcid Investment. ...
  • Signify. ...
  • Sterlite Power Transmission Limited. ...
  • API Holdings (Pharmeasy) ...
  • Hexaware Technologies Limited. ...
  • Chennai Super Kings Cricket Limited.

What stocks is Congress buying in 2024? ›

Join Our Market Watch Newsletter!
StockPoliticianTraded
MSFT Microsoft Corporation - Common StockDan Newhouse R HouseApr 10, 2024
HSY The Hershey Company Common StockDan Newhouse R HouseApr 10, 2024
ACN Accenture Plc Class A Ordinary SharesDan Newhouse R HouseApr 10, 2024
GS Goldman Sachs GroupCruz, Ted R SenateApr 15, 2024
47 more rows

What stock will double in 2024? ›

2024's 10 Best-Performing Stocks
Stock2024 return through March 31
Avidity Biosciences Inc. (RNA)182%
Arcutis Biotherapeutics Inc. (ARQT)206.8%
Janux Therapeutics Inc. (JANX)250.9%
Trump Media & Technology Group Corp. (DJT)254.1%
6 more rows

What stocks will skyrocket in April 2024? ›

7 Great Growth Stocks Promising Gargantuan Gains: April 2024
  • Nvidia (NVDA): Nvidia manufactures about 90% of the most powerful graphics processing units that are used in generative AI.
  • Advanced Micro Devices (AMD): AMD is expected to generate $3.5 billion in revenue this yar from its Mi300 GPU accelerator.
Apr 22, 2024

Which stock is best for 2025? ›

10 Multibagger Penny Stocks for 2025
Name of the ShareBook Value (₹)1 Year (%)
Indian Railways Finance Corporation Ltd36.49187.84
Trident Ltd8.121.93
Yes Bank14.08-2.23
Exide Industries148.6954.70
6 more rows
Dec 20, 2023

What are the top 10 stocks to buy? ›

  • Vodafone Idea FPO allotment.
  • F&O Stock Strategy.
  • Tata Consumer share Price.
  • Railway Stocks.
  • GSPL Share Price.
  • Mahindra Finance Q4 results.
  • Reliance Share Price.
  • JNK India IPO.
1 day ago

Which stock to buy for next 5 years? ›

Growth stocks for next 5 years
S.No.NameQtr Profit Var %
1.Rama Steel Tubes19.57
2.Brightcom Group15.96
3.Axita Cotton-11.61
4.Easy Trip Plann.14.36
23 more rows

Is it good to buy unlisted shares? ›

Investing in unlisted stocks involves some risk because, unlike listed companies, not much information is available about the company. However, if an investor is aware of the business overview, company prospects, and vision, it provides a very good opportunity to invest in unlisted stocks.

Why buy unlisted shares? ›

Investing in unlisted shares can help diversify your investment portfolio, as they offer exposure to a different set of companies and industries than listed shares. This can help reduce your overall investment risk.

Is it worth buying NSE unlisted shares? ›

Investing in NSE Unlisted shares at a price of Rs 3500 per equity share can be a good choice. Nse is India's largest and fastest growing stock exchange. Nse enables buying and selling of listed securites and offers different types of instruments such as cash, Derivatives and many more.

How much is the autopilot investment app? ›

Autopilot offers a free plan that allows you to trade one portfolio, such as the Nancy Pelosi Tacker. Autopilot Plus charges a fee of $29 a quarter or $100 a year to trade multiple portfolios and automatically buy and sell stock positions when disclosures are made.

What stocks will grow by 2025? ›

The 2025 Double: 3 Stocks Poised to Deliver 100% Gains in Just 12...
  • Analysts see big potential for these drugs over the next 12 months.
  • Fiverr International (FVRR): FVRR to could double as freelancing grows.
  • Lithium Americas (LAC): The rebound of lithium prices make LAC strong.
Mar 27, 2024

Which are the best stocks for next 5 years? ›

Growth stocks for next 5 years
S.No.NameCMP Rs.
1.Rama Steel Tubes13.48
2.Brightcom Group14.00
3.Axita Cotton23.39
4.Easy Trip Plann.46.72
23 more rows

What stocks are undervalued in 2024? ›

Key Takeaways
TickerCompanySector
TOROToro Corp.Industrials
GMGeneral Motors Co.Consumer Discretionary
ALCOAlico Inc.Consumer Staples
STRRStar Equity Holdings Inc.Healthcare
7 more rows

Which stock will double in 3 years? ›

Stock Doubling every 3 years
S.No.NameCMP Rs.
1.Guj. Themis Bio.408.70
2.Refex Industries168.05
3.Tata Elxsi7103.70
4.M K Exim India91.75
14 more rows

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