This high-growth unlisted share gained over 200 per cent; witnesses huge demand from investors!

A hidden gem: This unlisted share gained over 200 per cent!

In last week’s trade, the benchmark indices showed resilience and most importantly, the gains came despite Fed’ 75 basis points jumbo rate hike and amidst this backdrop, the Dow Jones failed to ring a weekly gain.   

Nifty registered a third straight week of gains. The up move was seen at Dalal Street despite Dow failing to register a weekly gain. 3 out of 5 trading sessions ended in green. Most importantly, Nifty ended above the psychological 18000 mark and Sensex too ended above the psychological 60000 mark!  

The 2-key positive catalysts for buoyancy in the domestic markets were:  

1. GST collection jumped to Rs 1.52 lakh crore in October. Revenue for October is the second highest monthly collection, next only to April 2022.   

2. FIIs seen making a solid comeback to Indian markets. FIIs last week bought shares worth of over Rs 10,000 crores.  

Meanwhile other factors such as Friday’s Nonfarm Payrolls report triggers dramatic positive reaction as Dow jumped over points higher, Optimism about China's reopening and solid numbers reported by India’s largest public sector Bank – State Bank of India has brought back the glory on D-Street and traders are actively participating in the market. And, as the participation increases on exchanges, it's very fruitful for the leading stock exchange in India NSE.   

A glimpse of this was witnessed in the recently announced numbers as well by National Stock Exchange (NSE). Standalone operating revenue for H1FY23 jumped by 60 per cent YoY to Rs 5,486 crore. EBITDA surged 78 per cent YoY to Rs 4,301 crore and PAT saw a jump of 55 per cent YoY to Rs 3,022 crore.   

Now, here comes an interesting fact, the stock is not listed on any exchange, however, it is available on the unlisted market and as per Umesh Paliwal,Co-founder of UnlistedZone ‘The stock is quoting around Rs 3200-3300 for small lots i.e., 100 shares, meanwhile, for a lot size of 1000 shares it is quoting around Rs 3000 apiece.”   

On further inquiry from Umesh, regarding the journey of the stock over the last couple year, he said “In 2019-20, the share price of NSE was in the range of Rs 900-1100. At that time most of the dealers got shares from banks via auction and at that time ticket size was also large. After that, due to Covid-19 the volumes in the market skyrocketed, those resulted into huge revenue and PAT for NSE. So, in 2020-21, the price moved to Rs.2000 levels. Then in 2021-22 as rally continued in the market, the price moved to Rs.3500 in Oct-21. But after that there was downfall in the market and with this supply came in from AIF funds which have to close their funds, the price of NSE in the last one year has fallen to 3000 levels for bigger quantity and 3200 for smaller lots.”  

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