Yes trading in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market through various platforms like unlistedxchange.in.

No, SEBI does not regulate the unlisted share market but certain rules and regulations of SEBI are applicable in the unlisted market space as well, such as, the DP charges for each transaction, stamp duty, lock-in period and more.

You will get the best price for ICL Fincorp and a hassle-free buying experience only on unlistedxchange.in platform.

ICL Fincorp's unlisted shares can be easily purchased at unlistedxchange.in by following a few easy steps. Given below are the steps involved in the buying of these shares:

Step 1 - Confirmation on the number of shares you want to purchase of ICL Fincorp at a trading price.

Step 2 - Submission of the necessary document like your Client Master Report. Certain additional documents will also be asked for by our representative if required such as a cancelled cheque and your PAN Card if you are paying from a secondary bank account which is not mentioned in your CMR.

Step 3 - The unlistedxchange.in representative will share the account details so that you can transfer the trade amount into the account.

Step 4 - The shares of ICL Fincorp will reflect in your Demat account within 24 hours as soon as the payment is received and depending on the holidays. Our details would be available to you before the transfer.

ICL Fincorp's unlisted shares can be easily sold at unlistedxchange.in by following a few easy steps. Given below are the steps involved in the of selling of these shares:

Step 1- Confirmation on the number of shares you want to sell of ICL Fincorp and at what price you want to sell.

Step 2- At unlistedxchange, we will find a suitable buyer for you according to your requirements and if you accept the trade we will move on to the transfer and the payment aspect of the trade.

Step 3- The unlistedxchange representative will provide you with the Demat account details to transfer your ICL Fincorp shares. They will also notify you about the additional details required from your end before the transfer of shares such as client master copy, delivery instruction slip, and more.

Step 4- Once the transfer is complete, the payment would be credited to your bank account within 24 hours, depending on the holidays.

Over the years the minimum ticket size for investment has dropped as more and more people have started investing in the Unlisted market. Currently, the minimum ticket size for ICL Fincorp is between 30K to 50K.

Brokers or dealers provide you with a trading facility means you can buy and sell shares with your broker but when you buy shares the Depository holds your shares. There are mainly two depositories NSDL and CDSL.

If you want to check your shares in NSDL and CDSL you need to download the application (NSDL Speede App or CDSL myeasi).

• You need to download the Application.
• Login or Register yourself.
• Fill in your DP Id and Client Id (NSDL DP Id starts with IN and CDSL DP & Client Id in numeric).
• After registration, log on to your account and go to Dashboard.
• You can see all your holding (Listed, Unlisted, Mutual Fund) there.

The taxation on the ICL Fincorp shares may vary depending on 2 Factors:

• Short-term capital or long-term capital.
• Pre-IPO stage (unlisted shares) or Post-IPO stage (listed shares)

According to the current rule issued by SEBI last year in August 2021, the lock-in period is brought down from 1 year to 6 months. This was done to entice more investors to invest their money in pre-IPO companies and startups. The lock-in period of ICL Fincorp varies depending on which type of investor you are:

• Foreign Venture Capital Investor - These investors have a lock-in period of 6 months from the procurement date of ICL Fincorp shares.
• Alternative Investment Funds II - These investors don't have to serve any lock-in period.
• Other investors - These investors include body corporate, retail, high net-worth individuals. The lock-in period for them is 6 months from the date of listing of ICL Fincorp enlisted shares.

You can check daily share prices of companies on our website or register with us using your phone number where you will get daily whatsapp updates on company news and other essential informations.