Introduction
Are you an investor looking for the next big opportunity in the Indian stock market? While many focus on listed stocks, a lesser-known but highly lucrative option is investing in unlisted shares or pre-IPO shares. These are shares of companies that are yet to be publicly traded on stock exchanges like NSE and BSE.
Investing in pre-IPO companies allows you to be a part of their growth journey before they hit the stock market. Many such companies show significant potential for exponential returns. Here are the top 6 pre-IPO companies in India that you should consider for investment in 2025.
1. Oyo
Overview
Oyo is a globally recognized hotel chain with operations in over 35 countries, including India, the USA, UAE, and Indonesia. The company focuses on transforming unbranded hotels into profitable, standardized accommodations.
Why Invest in Oyo?
- EBITDA Growth: Oyo’s consolidated adjusted EBITDA increased by 316% from INR 2,777.42 million in FY23 to INR 8,772.03 million in FY24.
- Profitability Stability: Despite rapid expansion, the adjusted gross profit margin remained steady at 23.6% in FY24 compared to 23.2% in FY23.
2. Chennai Super Kings (CSK)
Overview
Chennai Super Kings Cricket Limited is one of the most successful franchises in the Indian Premier League (IPL), backed by a strong brand and consistent performance.
Why Invest in CSK?
- Strong Brand Value: CSK’s brand is valued at $231 million, reflecting a 9% YoY growth.
- Profitability Surge: The Profit After Tax (PAT) for FY24 surged 13 times to INR 201 crore.
3. Orbis Financial Corporation Limited
Overview
Orbis Financial Corporation is a leading name in the financial securities market, offering clearing and custodial services.
Why Invest in Orbis?
- Strong Financials:
- The net worth doubled from INR 223 Cr to INR 429 Cr in FY23.
- Earnings per Share (EPS) rose from INR 5.41 in FY22 to INR 8.94 in FY23.
- Assets Under Custody (AUC) increased from INR 67,369 Cr in FY22 to INR 81,160 Cr in FY23.
4. Apollo Green Energy Ltd (AGEL)
Overview
AGEL is a renewable energy company focused on solar and waste-to-energy projects, supporting India’s shift towards sustainability.
Why Invest in AGEL?
- Government-backed projects: Multiple solar projects worth INR 390 Cr (Bihar) and INR 966 Cr (Gujarat).
- Strong Valuation:
- Face Value: INR 10
- Book Value: INR 199 per share
5. HDB Financial Services Limited
Overview
HDB Financial Services is a subsidiary of HDFC Bank, offering a range of financial services, including loans and BPO services.
Why Invest in HDB Financial?
- CAGR Growth:
- Revenue grew at 7.1% CAGR in the past two years.
- EPS grew at 51% CAGR.
- Net profit surged by 51% CAGR.
6. Tata Capital
Overview
Tata Capital, a Tata Group subsidiary, provides financial services, including investment banking, wealth management, and loans.
Why Invest in Tata Capital?
- Strong Growth Metrics:
- Revenue grew at 10.6% CAGR over the past three years.
- EPS and net profit grew by 63% YoY.
Conclusion
Despite India’s vast financial market, only 4% of Indians actively invest in stocks, and even fewer explore unlisted shares. Investing in pre-IPO companies offers a unique opportunity to gain early access to high-growth businesses before they get listed.
The companies listed above represent some of the best pre-IPO opportunities in India. By staying informed and researching well, you can make profitable investment decisions in 2025.
Stay ahead in the market – Invest smartly in pre-IPO stocks!
