Unlisted shares, pre-market frenzy and shadow valuations are all terms we browse through as we move closer to any listing and the grey market comes into focus. This has become a bigger trend in the last few months as the NSE unlisted share prices climbed up due to the IPO buzz. Meanwhile, shares of Parag Parikh Mutual Fund, IPL teams like Chennai Super Kings, and shares of unlisted exchanges remain to be grey market darlings. Since this market provides early liquidity for early backers of a company and access to ambitious investors who wish to get in the game prior to the buzz, join us for an insider discussion as we trace how capital actually moves in the market and how it's decided what's favorable and what's not.

The conversation will further delve into the available channels to invest in the unlisted shares market, who manages the risk, what is the validity and how the avenue that has long been the playground for high net worth individuals through wealth management firms is now a more accessible space for investors of all kinds. However, despite regulatory comments on regulating this space, it remains largely outside SEBI purview. So we will discuss the issues of counterparty risk, price manipulations and information asymmetries among investors. In this subscriber exclusive session, our speaker will pull back the curtain on how the money really flows in the segment and we will try to unpack all an investor needs to know about the game.