- Stockify helps investors diversify their portfolio without the associated risks
- It offers an easy-to-use platform in a single window to analyze, buy and sell unlisted or Before the IPO shares
BENGALURU, India and DUBAIUnited Arab Emirates, September 5, 2022 /PRNewswire/ — Stockify, an exciting fintech startup with offices in Bengaluru and Dubairecently announced its brand new easy-to-use online platform to help Indians and non-residents diversify their stock portfolio by investing in a new stock category.
Unlisted or pre-IPO stocks are offered in the secondary market by early-stage investors, promoters and collaborators to raise funds upfront to generate liquidity. Pre-IPO companies are private companies that intend to rank in the stock markets. Companies that have opened doors to investors but are not yet public and have not yet conducted an IPO are said to have offered unlisted or pre-IPO stock.
Stockify makes buying and selling unlisted or pre-IPO stocks as easy as ABC: pick a company, done your KYC to make and receive payment your shares transferred.
“For unlisted or pre-IPO stocks, buying early is key to maximizing profits,” he said Piyush Jhunjhunwala, co-founder and CEO of Stockify. “These stocks are always available at a lower cost than their publicly traded peers. By investing early in a company’s unlisted or pre-IPO stocks, investors can significantly multiply their returns once the company is officially listed on the stock exchanges.”
Rahul Khatuwala, co-founder of Stockify, said: “Stockify brings together both sellers and buyers for hassle-free (pre-IPO) trading in unlisted stocks. These stocks can go public at any time and tend to offer better returns than publicly traded companies. Put simply, investors can enter the stock market without fear of volatility. Unlisted stocks have low liquidity as well as low volatility, resulting in a lower valuation but a higher return on investment.”
Investors on the Stockify platform can not only choose the companies to invest in, but depending on the company, they can also consult Stockify to unlock the best deal. “We encourage all of our investors to contact us to help them make a decision,” said Jhunjhunwala, a qualified chartered accountant of India and auditors The United States with over 20 years of experience in leading multinational companies such as PepsiCo and Reckitt Benckiser. “Our world-class in-house analytics team conducts extensive research to provide our public HNI retail investors with the best deal options.”
Stockify’s business mission is to work with individual investors to find pre-IPO stocks that have the potential to generate multiple returns. “Previously, the pre-IPO sector was only accessible to large investors, venture funds, hedge funds, PE funds and other specialized financial institutions,” said Khatuwala, also a qualified chartered accountant of India. “Now we are helping our private and HNI investors to access the pre-IPO market early and maximize their wealth. We have a dedicated team focused on pre-IPO opportunities India.”
On its website (www.stockify.net.in), Stockify offers a full portfolio of companies currently offering unlisted stocks. “As of now, we are not a registered investment adviser and do not recommend trading in shares,” said Jhunjhunwala. “However, based on our analysis, we list the most profitable unlisted (pre-IPO) stocks, and we encourage you to seek advice from your financial advisors before making a decision. However, we are happy to help with customer inquiries.”
ABOUT STOCKIFY
Stockify is a client-centric platform for unlisted or pre-IPO stocks India. Its mission is to help HNIs and NRIs access multiple unlisted stocks through the Before the IPO route and maximize investor wealth. Investors can visit www.stockify.net.in to start their investment journey in unlisted/pre-IPO stocks.
AROUND PIYUSH JHUNJHUNWALA
Piyush Jhunjhunwala is a qualified Chartered Accountant (CA). India and a Certified Public Accountant (CPA) from The United States. He is a seasoned finance professional with over 20 years of experience in global conglomerates such as PepsiCo Inc., Reckitt Benckiser PLC and Coty Inc. He has extensive experience across multiple geographies including MENA, Russia, Turkey and India.
ABOUT RAHUL KHATUWALA
Rahul Khatuwala is a qualified ICAI Chartered Accountant (CA), India. He is the founder of Finaco.in, a fintech company providing services across multiple industries through a network of 5000+ CAs and finance professionals India. Rahul is the acting CFO of several companies operating in diversified industries. He runs Stockify’s Indian ooperations and is based in Bengaluru.
Media contact:
Rahul Khatuwala
Co-Founders | To store
+91 7353266646
[email protected]
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SOURCE Stockify
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