Yes, trading in unlisted shares is undoubtedly legal in India. These transactions typically take place in the over-the-counter (OTC) market through specialized investment platforms such as https://rookcapital.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.

Procedure for Buying BoAt Unlisted Shares (Imagine Marketing) Please find below the procedure for buying BoAt Unlisted Shares (Imagine Marketing Services Pvt. Ltd.) through https://rookcapital.in/ . Step-by-Step Process 1. Share Booking Confirmation You confirm the booking of BoAt Unlisted Shares (Imagine Marketing) with us at the mutually agreed trading price through https://rookcapital.in/ . 2. KYC Documentation You are required to provide the following documents: Client Master Report (CMR) (ask your broker if not available) PAN Card copy Cancelled Cheque These documents are required for KYC compliance as per SEBI regulations. 3. Bank Details for Payment Once the documentation is verified, we will share the official bank account details where the funds need to be transferred. 4. Payment Method Payment must be made through: RTGS NEFT IMPS Cheque Transfer ❗ Cash deposits are not accepted. 5. Payment Account Requirement Payment must be transferred from the same bank account linked to the demat account in which the shares will be credited. 6. Share Transfer Timeline Shares are usually transferred within 24 hours, provided the funds are credited before 2:00 PM. Important Note Please note that BoAt Unlisted Shares purchased in the Pre-IPO market are subject to a lock-in period after listing. The lock-in period is 6 months from the listing date. During this period, the shares cannot be sold in the stock market. Investors can sell the shares only after the completion of 6 months from the listing date. For any queries or assistance regarding BoAt Unlisted Shares, please contact us through https://rookcapital.in/ .

Procedure for Selling BoAt Unlisted Shares (Imagine Marketing) Please find below the procedure for selling BoAt Unlisted Shares (Imagine Marketing Services Pvt. Ltd.) through https://rookcapital.in/ . Step-by-Step Process 1. Price Confirmation We will confirm our buying price for BoAt Unlisted Shares (Imagine Marketing). 2. Share Transfer to Demat We will provide our Client Master Report (CMR). You will then transfer the BoAt Unlisted Shares (Imagine Marketing) to our demat account. 3. Bank Details Submission Once the shares are received in our demat account, we will request your bank account details for payment processing. 4. Payment Processing After receiving the shares, we will transfer the funds to your bank account within 24 hours. 5. Payment Modes Payment will be made through: RTGS NEFT IMPS Cheque Transfer ❗ Cash deposits are not accepted. 6. Bank Account Verification Payment will be made only to the bank account linked with your demat account. Alternatively, you must provide a cancelled cheque with your name printed on it for verification. As per SEBI regulations, transferring funds to a third-party account is not permitted, and our policy strictly follows these compliance guidelines. Important Note The buying price quoted is valid for 3 days. If the shares are not transferred within 3 days, then the prevailing market price on the day the shares are received in our demat account will be applicable. For assistance regarding buying or selling BoAt Unlisted Shares, please visit https://rookcapital.in/ .

When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.

Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include: 1. Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%. However, it has now changed in Budget 2024 from 23rd July 2024 to 12.5%. 2. Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain. However, This has removed in the Budget 2024 from 23rd July 2024. 3. Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions. 4. Calculation: New LTCG will be calculated from 23rd July 2024 as flat rate of 12.5%. 5. Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years. 6. Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.

When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know: Transition to Listed Market Tax Rates: 
Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favorable tax treatments for listed shares, as per the prevailing tax laws, will apply. Taxation Based on Holding Period: 
The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted. Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax. Conversely, if sold within one year, Short-term Capital Gains (STCG) tax rates apply. Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications. Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance.

When you purchase Boat Unlisted Share (Imagine Marketing) through UnlistedZone, it's important to note that, as per SEBI regulations, these shares can only be transferred to a demat account. There are two primary ways to check the credit of Boat Unlisted Share (Imagine Marketing) in your account: 1. Using NSDL or CDSL Applications: Download the NSDL or CDSL application from the Google Play Store. To determine whether your stock broker is registered with NSDL or CDSL, you can examine the format of your Demat Account number. The Demat Account number consists of 16 characters, combining the DP ID and Client ID. DP ID is the unique identification number of the Broker, assigned by CDSL or NSDL. Client ID is the unique identification number of the Client, representing their portfolio. In CDSL, the Demat Account number is entirely numeric (e.g., 12345678 for DP ID and 91234567 for Client ID). In NSDL, the first two characters are alphabetic, representing the country (e.g., 'IN' for India), followed by a 6-digit unique number for the Broker (DP ID) and an 8-digit Client ID (e.g., IN123456 for DP ID and 78912345 for Client ID). 2. Checking in Broker's Application: The credit of Boat Unlisted Share (Imagine Marketing) can also be checked in your broker's application. However, it's important to note that it may take T+2 days for the shares to show up in the application after the transaction.

The Boat Unlisted Share (Imagine Marketing) are credited in the demat account on the same day as the transfer of funds into our company's bank account.

The price of BoAt Unlisted Share (Imagine Marketing) can be checked in two ways. First, you can join our Telegram channel, where we share the latest prices of all unlisted shares daily in the morning. Secondly, you can check the price on our platform https://rookcapital.in/ to view historical price charts and track prices of various unlisted shares in one place.

Investing in NSE Unlisted Shares involves risks like limited liquidity, regulatory changes, and the potential delay in share transfer due to the requirement of board approval. Investors should also consider the market conditions and the company's financial performance before investing.

The earlier process — which used to take up to three months (1–1.5 months for name approval and another month for share transfer) — has now been replaced by a single-day, seamless transfer system effective from 23 March 2025.