As the Indian IPO market continues to evolve, more investors are exploring opportunities before companies go public. This growing interest in Pre-IPO shares and unlisted shares is driven by one simple idea, enter strong businesses early and benefit from their growth journey.
In this blog, we highlight five Pre-IPO companies that show strong growth potential and explain why early-stage investments are becoming an important part of long-term wealth creation.
Pre-IPO investing means buying shares of a company before it gets listed on the stock exchange. These shares are part of the private equity or unlisted market and are usually available at valuations lower than listed stocks.
Investors prefer Pre-IPO shares because:
They allow early entry into growing companies
Valuations are often more reasonable
There is potential upside when the company enters the IPO market
Over the years,unlisted shares have become more accessible in India, making Pre-IPO investing a realistic option for informed investors.
Business Overview:
Equentis operates in the investment research and wealth advisory space. The company focuses on data-driven stock research, portfolio strategies, and alternative investment solutions for retail and HNI investors.
Business Model:
Advisory-led revenue model
Subscription and research-based offerings
Expansion into alternative investments and unlisted shares
Growth Drivers:
Rising participation of retail investors in equity markets
Growing demand for transparent, research-backed advisory services
Increasing awareness of portfolio-based investing
Why Investors Are Watching:
As financial literacy improves, platforms like Equentis benefit from recurring revenues and scalability. Its position within the private equity and early-stage investment ecosystem makes its Pre-IPO shares relevant for long-term investors.
Business Overview:
Cheelizza Pizza India Ltd is a pure-vegetarian quick-service restaurant (QSR) brand. The company focuses on affordable pricing, localised menus, and expansion across Tier-2 and Tier-3 cities.Business Model:Franchise-led, asset-light expansion
Combination of company-owned and franchise stores
Centralised supply chain and standardised operations
Growth Drivers:
Rising demand for organised food brands in India
Strong expansion opportunities in non-metro cities
Improving store-level profitability with scale
ds often receive valuation upgrades at the time of listing. Cheelizza’s scalable model and strong unit economics make its unlisted shares attractive for early-stage investments.
Business Overview:
Chef Hire is a technology-enabled platform offering professional chefs, catering services, and F&B consulting solutions for households, corporates, and events.
Business Model:
Platform-based service marketplace
Multiple revenue streams (B2C + B2B)
Asset-light operations
nisation and demand for premium food experiences
Growth of the gig economy
Rising corporate and event catering demand
Why Investors Are Watching:
Chef Hire benefits from operational scalability and growing demand for organised food services. Its digital-first approach aligns well with private equity interest and long-term Pre-IPO growth.
Business Overview:
Impresso Foods operates in the premium café, bakery, and food retail segment. The brand focuses on quality products, consistent customer experience, and scalable expansion.
Business Model:Franchise-driven expansion
Brand-led consumer engagement
Centralised production and supply chain
Growth Drivers:Rising discretionary spending among urban consumers
Growing café culture in India
Expansion into new cities and formats
Why Investors Are Watching:
Food and beverage brands with strong brand recall often perform well during their Pre-IPO journey, making Impresso’s unlisted shares appealing for long-term investors.
Business Overview:
Gynofem operates in the women’s healthcare and pharmaceutical segment, focusing on gynecology, maternal health, and women-centric therapies.
Business Model:Asset-light pharmaceutical model
Prescription-driven sales
Distributor and wholesaler-led network
Growth Drivers:Growing awareness of women’s health issues
Repeat prescription demand
Expansion of product portfolio and geographic reach
Why Investors Are Watching:
Healthcare is a resilient sector with long-term demand visibility. Gynofem’s focused approach and scalable model make its Pre-IPO shares suitable for investors seeking stability along with growth.
Adding Pre-IPO shares and unlisted shares to a portfolio can:
Provide access to early-stage investments
Offer exposure to private equity-style growthDiversify beyond traditional listed stocks
However, Pre-IPO investing requires patience, proper due diligence, and a longer investment horizon.
As Pre-IPO investment opportunities continue to expand, companies like Equentis Research & Ranking, Cheelizza Pizza India Ltd, Chef Hire, Impresso Foods, and Gynofem show how early entry can unlock long-term value. SUPREMUSANGEL helps investors access such Pre-IPO investments in a structured and transparent way, making it easier to explore quality unlisted companies and participate in growth before IPO listings.
