NCDEX (National Commodity & Derivatives Exchange) Limited Unlisted Shares

You can easily buy NCDEX unlisted shares with Stockify. Just follow these steps.

1. Send your Client Master List (CML) to us through WhatsApp or email to admin@stockifyfintech.com.

2. Once your transaction is final, the invoice will be sent to your registered e-mail address.

3. Pay the agreed amount to the Stockify bank account mentioned in the invoice.

4. You can pay through RTGS, NEFT, IMPS, or a cheque transfer.

5. On payment confirmation, your shares will be transferred to your demat account within 24 hours.

You can easily sell NCDEX Unlisted Shares through Stockify. Here’s how:

1. Stockify will send you the Demat Client Master List (CML) by email.

2. Share your KYC details, including CML, PAN, and a cancelled cheque.

3. Have your shares transferred to Stockify's demat account.

4. We will transfer money to your bank account.

NCDEX shares lock-in period changes by investor category. As per SEBI rules, you can sell you pre ipo shareholding for 6 months from ipo listing date. But there are some exceptions to this. With categories like venture capital funds, FVCIs, and Category II AIFs getting some exemptions. Investors should research independently before selling unlisted shares.

It is completely legal to buy NCDEX unlisted shares in India through different online platforms, wealth managers, or brokers. They help with over-the-counter (OTC) transactions. Just make sure that you follow all the relevant laws and regulations by SEBI, the Securities Contracts Regulation Act, and the Companies Act, 2013.

Note: Check the Client Master List, share ownership and transfer documents, and then deal with a trusted broker. If you want to buy NCDEX Energy unlisted shares, get in touch with our team at +91-8042453560.

Unlisted shares like NCDEX carry risks you should understand before investing.

1. Market Liquidity
   Unlike listed shares, unlisted shares are not traded actively. Selling your share to a buyer at market price may take time, increasing the risk of your investment getting stuck, or you will be compelled to sell at a lower price.

2. Price Fluctuations
   Unlike listed shares, the unlisted shares may not be available every time. This limited availability sometimes creates heavy fluctuations in the market value of unlisted shares.

3. Regulatory risk
   Unlisted shares are traded privately and don't fall under the compliance of any stock exchange like BSE or NSE. An unauthorised platform creates the risk of fraud, failed delivery, or lack of settlement guarantees. There is no formal grievance redressal or dispute resolution in the unlisted market.

4. Limited Information
   Public companies have strict information and disclosure requirements. But there is no such need for unlisted shares. They don't need to disclose quarterly financial statements. operational changes, or shareholding patterns, which are usually done by publicly listed companies. This reduces diligence and trust in investors' research, increasing the risk before making investment decisions.

The NCDEX doesn't have a single owner, it is a public limited company run by an independent board of directors. Financial institutions such as NSE, LIC, and NABARD are major shareholders in NCDEX. Here is the list of shareholders:

Apart from being an electronic exchange governed by SEBI, NCDEX differs from NSE and BSE. The main difference is that NCDEX deals in a very different financial market than NSE or BSE. 

• NCDEX mainly focuses on commodity derivatives for agricultural products like guar, chana, and wheat. You can trade futures and options, but you can’t own the commodities.

• On the other hand, BSE and NSE focus on stocks and equity derivatives, where you have the option to trade in derivatives or own the stocks.

Another difference you can note is that NSE and BSE are both listed, and their shares are traded on stock exchanges. But NCDEX is not listed and traded in the pre-IPO market.

The unlisted share price depends on demand and supply. While compared to listed shares, unlisted shares are not traded in a live market. Factors that would affect the price are:

1. Latest Issue Price
   Guidance can be taken from the recent issue price of the share. But that might not be a fair reflection of true market value.

2. Peer Comparison
   Investors can compare NCDEX valuation by comparing it with its competitors like NSE and BSE.

3. Demand and Supply
   A rise in prices can be seen when more investors demand shares, and a fall when selling exceeds buying.

4. Healthy Financials and Operations
   A company with consistent EBITDA growth and improving margins automatically builds investor interest in a company. This impacts the valuation and share price of the unlisted company.

5. IPO Expectations
   There might be no assurance of an IPO, while investors may be interested in a potential future listing.

6. Liquidity
   If there are fewer buyers of NCDEX unlisted shares, then investors may need to sell them at less than the market price, directly reducing share valuation.

Before investing, compare the quotes from various dealers. Through Stockify, you can ask for a quote, and our team will help you in searching for the most recent available price.

Investing in NCDEX Unlisted shares can be a good idea due to these reasons:

A.Diversification push

NCDEX is expanding its business beyond its commodity derivative products. In 2026, the exchange has announced new initiatives like mutual funds, the equity cash market, and derivatives. If implemented well, this can create multiple revenue sources for NCDEX business growth.

B.770 crore fund raise

In 2025, NCDEX raised Rs 770 crore in funding for diversifying its operations. This round had investors like Groww, Zerodha, and R.K. Damani. These funds can give NCDEX the leverage it wants to grow in the next 5 years.

C.Strong institutional backing 

NCDEX is  backed by the Indian Government and organizations like NSE, NABARD, LIC, and others. This backing makes a credible financial base and a reassurance to investors for any financial ups and downs in the future.

Make sure to do you independent research and consult a SEBI registered investment advisor before trading in unlisted shares.

If you sell NCDEX Unlisted shares within 24 months of purchase, the gain is treated as a short-term capital gain and taxed in your normal income. Here’s how this works:

• The holding period is such that if the shares are sold within 24 months, then the gain is classified as short-term. This period is longer than the 12-month time limit that applies to listed shares.

• The rate of tax on short-term capital gains is included as part of your total income and is then taxed at your applicable income tax slab rate.

• You can offset a short-term loss against both short-term and long-term capital gains, and any loss that remains after that can be carried forward for 8 years, provided that you file your income tax return on time.

• There have been no recent changes: the Budget 2026 did not alter the rates for capital gains or the holding periods.

If you're not clear as to how this relates to you, you can contact our unlisted share experts on +91-8042453560.

As per the Income Tax Act, 1961, if you sell NCDEX unlisted shares after 24 months of purchase, then the gain will be a long-term capital gain (LTCG) and taxed at 12.5%. Here's how it works:

• Holding period: Unlisted shares need 24 months to count as long-term, compared with 12 months for listed shares. 

• Tax rate: The rate was cut from 20% with indexation to 12.5% without indexation, effective 23 July 2024, and it continues unchanged into FY 2026-27. 

• No indexation: You can't adjust your purchase price for inflation. Your gain is simply the sale price minus your actual cost.

• No tax-free limit: LTCG from unlisted shares is fully taxable. The Rs.1.25 lakh exemption limit applies only to listed shares. 

• Losses: A long-term capital loss can be set off only against long-term gains, and any remaining loss can be carried forward for 8 years. This benefit is available as long as you file your return on time.

• No recent change: The 2026 budget had no changes in rates or holding periods for unlisted shares.

If you want to know how taxation applies to your unlisted share investment, contact our experts at Stockify with this number +91-8042453560.

You can check your securities on CDSL and NSDL by following the steps below.

To Check Shares on CDSL

1. Visit the official CDSL website.

2. If you are a new user, register for the Easi or Easiest service.

3. Log in through your registered credentials.

4. Open the holdings section to view your shares.

To Check Shares on NSDL

1. Visit the official NSDL e-Services website.

2. If you are a new user, then select IDeAS and register.

3. Use your registered credentials and log in.

4. Open your holdings statement to check your shares.

Still need help? You can contact Stockify at +91-8042453560.