Legal and Compliance

1. Platform Status

UnlistedKart (operated by Unlistedkart Private Limited, a Qapita company) is not a stock exchange or a trading platform recognised by SEBI under the Securities Contracts (Regulation) Act, 1956. We are not SEBI-registered investment advisers, brokers or portfolio managers. All content — including company data, valuations and indicative prices — is for information and education only and does not constitute investment, financial, legal or tax advice. Indicative prices are not an offer to buy or sell and may differ from any price at which a transaction is concluded. Investing in unlisted shares carries substantial risk, including total loss of capital, illiquidity, valuation uncertainty and no guarantee of any IPO or listing. Past performance does not indicate future results. Conduct your own due diligence and consult SEBI-registered advisers before making any investment decision. Visiting this platform or contacting us creates no advisory, broker or fiduciary relationship.

2. Not Investment Advice

All content on UnlistedKart — including company data, valuations, research, and indicative prices — is for information and education only and does not constitute investment, financial, legal, or tax advice. Indicative prices are not an offer to buy or sell and may differ from any price at which a transaction is ultimately concluded. You should conduct your own due diligence and consult SEBI-registered advisers, chartered accountants, or legal counsel before making any investment decision.

3. Risk Warning — Unlisted Shares

Investing in unlisted and pre-IPO shares carries substantial risk. You should be aware that:

  • There is no guarantee of return of capital or any profit;
  • Unlisted securities are not traded on any recognised stock exchange and there is no active secondary market — they are highly illiquid;
  • Valuation is uncertain; indicative prices are based on peer transactions and may not reflect intrinsic value;
  • There is no guarantee that any company will complete an IPO or ever list on a stock exchange;
  • A company may be wound up, resulting in total loss of your investment.
These investments are suitable only for investors who fully understand the risks and can afford to lose their entire investment.

4. Past Performance

Past performance of any security, sector, or market featured on this platform does not indicate future results. Any reference to projected valuations, anticipated IPO dates, or expected listing gains is forward-looking and subject to material risks and uncertainties. UnlistedKart makes no warranty that any company will successfully list or that the price of any security will increase.

5. Accuracy of Information

Information on this platform is sourced from company disclosures, third-party data providers, and publicly available sources believed to be reliable. However, UnlistedKart does not independently verify all such information and makes no representation as to its accuracy, completeness, or timeliness. The platform may contain errors or inaccuracies and reserves the right to update content at any time without notice.

6. Indicative Prices

Prices displayed on the platform are indicative quotes derived from recent peer-to-peer transactions and market estimates. They may fluctuate significantly in response to company performance, regulatory changes, or market sentiment. UnlistedKart does not act as a market maker and does not guarantee any price.

7. Regulatory Compliance

Trading in unlisted securities is governed by applicable Indian law including the Companies Act 2013, SEBI (Prohibition of Insider Trading) Regulations 2015, and FEMA regulations for NRI transactions. Each investor is solely responsible for ensuring their participation complies with all applicable laws in their jurisdiction.

8. Limitation of Liability

To the fullest extent permitted by law, UnlistedKart and its directors, officers, employees, and affiliates shall not be liable for any direct, indirect, incidental, consequential, or punitive damages — including loss of capital, profit, or data — arising from use of this platform or reliance on any information provided herein.

9. Governing Law

This disclaimer is governed by the laws of the Republic of India. Any disputes are subject to the exclusive jurisdiction of courts in Bengaluru, Karnataka, India. UnlistedKart reserves the right to amend this disclaimer at any time; continued use of the platform constitutes acceptance of any revised version. For queries, contact [email protected].