- How to buy HDB Financial Unlisted Shares?
- To Buy HDB Financial Unlisted Shares, follow the given steps:
Register on the InCred Money Platform.
Complete your KYC verification.
Go to the HDB Financial Unlisted Shares page, select the desired quantity, and click Buy. - How to sell HDB Financial Unlisted Shares?
- We suggest that an investor should not invest in unlisted equities with a mindset of trading or selling it in a short period of time.
But we understand that there may be an event where you may want to liquidate your shares. In that case, you can drop us an email on connect@incredmoney.com with the following details:
- Name
- Registered email address with InCred Money
- PAN number
- Name of the company that you are looking to sell
- Quantum
- Your expected price
Once we receive your email, our team will reach out to you. We will then attempt to find a buyer for your units on a best-effort basis. Once we find a match for your price and quantity, we will notify you and initiate the transaction.
Steps once the transaction is initiated:
- We will send you a deal sheet with all relevant details.
- You will need to transfer the units from your demat account to us. Our team will explain the steps for the same to you.
- After we receive the units, you will get a confirmation, and we will transfer the funds to your account. - What is the Lock-In Period of HDB Financial Unlisted Shares?
- The lock-in period varies for HDB Financials’ unlisted shares for different categories of investors. For Retail Investors, HNIs and Body Corporates, the lock-in period is 6 months from the listing of SBI Mutual Funds for Venture Capital Funds and Foreign Venture Capital Investors. The lock-in period is 6 months but from the SBI Mutual Fund acquisition date. For Alternative Investment Funds – Category II, there is no lock-in period.
- What is the Minimum Ticket Size for Investment in HDB Financial Unlisted Shares?
- As the Indian share market is spreading its wings, more and more people want to invest in shares. This has brought a drop in the minimum ticket size for investment. For HDB Financial Unlisted Shares, it is between 30-50 thousand.
- Is buying HDB Financial Unlisted Shares Legal in India?
- Yes, it is legal to buy and sell unlisted shares from HDB Financial Unlisted Shares. But you need to trade these sales from a reliable source.
- Is Short-Term Capital Gain Tax Applicable on HDB Financial Unlisted Shares?
- Any profit made by selling HDB Unlisted shares within two years of purchasing them is defined as Short-Term Capital Gain. The profits become a part of your annual salary for that particular financial year. The tax on this short-term financial gain will be calculated based on the income tax slab you fall into.
Therefore, the tax you will pay on the STCG will be calculated on your total income, including the gains and tax slab applicable to you as per the Income Tax Laws of India. As an investor, it is important to keep these implications in mind when you make unlisted share transactions.
- How much LTCG Tax is Applicable on HDB Financial Unlisted Shares/Pre-IPO Shares?
- These are the gains you make from holding HDB Financials' unlisted shares for more than two years. Starting July 2024, Long-Term Capital Gains (LTCG) on unlisted shares are taxed at 12.5%, and yep, the indexation benefit is gone, thanks to the 2024 budget! So, if you're a retail investor or HNI, it's super important to keep this in mind when you're planning your investments and strategies—because who doesn't want to be tax-smart?
- How Much Time is Taken to Credit HDB Financial Unlisted Shares in a Demat Account?
- The HDB Financial Unlisted Shares are credited to your Demat account the same day as the funds transfer to our company account.
- How to trust InCred Money before buying HDB Financial Unlisted Shares from its platform?
- InCred Money is a part of the InCred Group, offering an accessible investment platform. Our team of dedicated experts is available to guide you every step of the way. You can start investing with as little as one share, and we offer highly competitive pricing with no hidden charges.
- How is the Valuation of HDB Financial Unlisted Shares Calculated?
- The valuation of HDB Financials’ unlisted shares starts by researching the current market value and recent funding rounds, providing a benchmark valuation. In the absence of recent funding, a comparative approach is used, assessing unlisted shares of companies similar in industry, size, and nature to HDB Financials.
By comparing and analysing these counterparts, we can arrive at a fair valuation. Additionally, we conduct comprehensive risk management and evaluate all relevant factors to ensure well-informed decisions.
- How Much Return Can I Expect from the HDB Financial Unlisted Shares?
- Estimating the return on investment for HDB Financials' unlisted shares requires in-depth industry expertise. Returns are influenced by factors such as demand and supply, company valuations, and other market conditions. Additionally, the length of time you hold the shares plays a key role in determining your returns. To gain a deeper understanding and maximise your profits, you can connect with our experts for personalised guidance.
- Are HDB Financial Unlisted Shares in Demat Form?
- Yes, HDB Financials’ unlisted shares are transferred in dematerialized form. Once the payment is received the shares will appear in your Demat account.
- Where will HDB Financial Unlisted Shares/Pre-IPO Shares be Reflected?
- Once you purchase the shares on our platform, they will be transferred to the DEMAT account that you have shared with us on a T+7 basis.
There are multiple places where you can check your stock:
-You can download the CDSL Myeasi app or NSDL Speede app to track all your demat holdings.
-The stock will show up once you log in to your account on the InCred Money app/ website.
- Is HDB Financial a Pre-IPO, Unlisted or Delisted Share?
- HDB Financial is an unlisted company that allows the trading of pre-IPO shares, but the company is preparing for an IPO launch.
- Can NRIs Buy HDB Financial Unlisted Shares?
- Yes, NRIs can purchase HDB Financials’ unlisted shares. However, these shares are non-repatriable unless the NRI specifies his intention of buying repatriable shares for the RBI. They need to purchase these shares from an NRO Non-PIS account.