Short answer

No, you cannot buy unlisted securities using your iRage demat account. However, you can hold unlisted securities electronically in your iRage demat account if the securities are available in the depository.

You can transfer unlisted securities to and from your iRage demat account through online and offline method.

Lock-in period for unlisted shares

If you hold unlisted shares of a company that goes public, regulations require you to wait 6 months before selling these shares. This mandatory lock-in period begins from the company’s listing date.

Things to keep in mind

Your unlisted securities will not appear on Arrow. You can view them on Console by visiting app.arrow.trade/portfolio/holdings.

You should exercise due diligence when exploring unlisted securities investment opportunities, as the market for these securities can be illiquid.