How to invest in companies before they go public?
SummaryInvesting in unlisted shares before companies list them has some advantages, but there are also pitfalls
The valuation of Paytm shares in the grey market has skyrocketed as the company moves towards an initial public offering (IPO). Various media reports suggest that other high-profile companies such as Nykaa and Urban Company are also seeking to list on the stock market. Investing in companies just before they go public can be a profitable activity. In this article, we explain how this can be done and what the potential pitfalls are.