Tag: Stockify

Stockify, one of the world’s most reliable and dependable fintech start-ups specializing in Unlisted or Pre-IPO shares, has announced its exclusive single-window buying portal for Resident Indian and Non-Resident Indian High Net-worth Individuals (HNIs). The buying portal will go live in the third week of October this year.

The new feature will assist retail customers to buy unlisted equities online without any human interface. Customers will be able to create a login, update their Know Your Customer (KYC) and Demat details, and select and buy their favourite Pre-IPO shares. Stockify will also facilitate a single-button online payment system using a simple-to-use payment gateway.

“This exclusive feature saves customers time due to limited human interface and will also help them track their investment on our platform on a real-time basis,” said Piyush Jhunjhunwala, Founder and CEO, Stockify.

Unlisted or Pre-IPO shares are offered by early-stage investors, promoters and employees in the secondary market to raise funds in advance, in order to generate liquidity. Pre-IPO companies are those private firms that intend to list on the stock market leaderboard. Companies that have opened doors to investors, but have not yet been listed on the stock market and have not yet made an Initial Public Offering are said to have offered Unlisted or Pre-IPO shares.

Jhunjhunwala said, “Our research desk is the site’s biggest differentiator. We are a team of qualified chartered accountants (CAs) with more than 20 years of top-tier experience. This is our biggest strength. We conduct detailed investigations into each and every aspect of the business and financial performance of the company. Only after our team has vetted the firm does it go online on our platform.”

Rahul Khatuwala, Co-Founder, Stockify, said, “The biggest advantage with Stockify is that we have impeccable research and easy buying on the same platform. This will help Indians all over the world to participate in wealth creation without the hassle of consulting multiple advisors.”

Both Jhunjhunwala and Khatuwala are qualified chartered accountants with more than 20 years of relevant experience. Jhunjhunwala is also a Certified Public Accountant from the United States.

On its website (www.stockify.net.in), Stockify offers a complete portfolio of companies currently offering unlisted shares. “As of now, we are not a registered investment advisor and we do not recommend trading of any share,” Jhunjhunwala said. “However, we list the most profitable Unlisted (Pre-IPO) shares based on our analysis and you are recommended to take advice from your financial advisors before making any decision. However, we are happy to assist on client requests.”

Stockify, an exciting fintech start-up with offices in Bengaluru and Dubai, recently announced its brand new easy-to-use online platform to help Indians and Non-Resident Indians diversify their stock portfolio by investing in a new category of shares.

Unlisted or Pre-IPO shares are offered by early-stage investors, promoters and employees in the secondary market to raise funds in advance, in order to generate liquidity. Pre-IPO companies are those private firms that intend to list on the stock market leaderboard. Companies that have opened doors to investors, but have not yet been listed on the stock market and have not yet made an Initial Public Offering are said to have offered Unlisted or Pre-IPO shares.

Stockify makes buying and selling Unlisted or Pre-IPO shares as easy as A-B-C: Choose a company, complete your KYC to make the payment, and get your shares transferred.

“With Unlisted or Pre-IPO shares, buying early is key to maximizing profits,” said Piyush Jhunjhunwala, Co-Founder and CEO, Stockify. “These shares are always available at a cost lower than their listed peers. By investing early in a company’s Unlisted or Pre-IPO shares, investors can multiply their returns significantly once the company is officially listed on the stock exchanges.”

Rahul Khatuwala, Co-Founder, Stockify, said, “Stockify brings both sellers and buyers together for hassle-free Unlisted (Pre-IPO) share trading. These stocks can go public anytime and tend to offer a better return compared to listed firms. To put it simply, investors can enter the stock market without the anxiety of fluctuations. Unlisted shares have low liquidity as well as low volatility, leading to lower valuation but a higher return on investment.”

Investors on the Stockify platform can choose not only the companies they want to invest in, but also, depending on the firm, consult Stockify to unlock the best deal. “We recommend all our investors to connect with us to help them reach a decision,” said Jhunjhunwala, a qualified Chartered Accountant from India and a Certified Public Accountant from the United States with over 20 years of experience in leading multinationals such as PepsiCo and Reckitt Benckiser. “Our top-notch in-house analysis team does extensive research to give the best deal options to our retail public HNI investors.”

Stockify’s business mission is to partner with retail investors to find Pre-IPO stocks that have the potential to deliver multifold returns. “Previously, the Pre-IPO sector was accessible only to major investors, venture funds, hedge funds, PE funds and other specialized financial institutions,” said Khatuwala, also a qualified Chartered Accountant from India. “Now, we help our retail and HNI investors access the Pre-IPO market at an early stage and help maximize their wealth. We have a dedicated team focusing on Pre-IPO opportunities in India.”

On its website (www.stockify.net.in), Stockify offers a complete portfolio of companies currently offering unlisted shares. “As of now, we are not a registered investment advisor and we do not recommend trading of any share,” Jhunjhunwala said. “However, we list the most profitable Unlisted (Pre-IPO) shares based on our analysis and you are recommended to take advice from your financial advisors before making any decision. However, we are happy to assist on client requests.”