Neutral impactCompany
Beyond listed stocks: MSEI rallies 125%, Zepto retreats 48%; here’s how other pre-IPO names fared
Economic Times 4 hrs ago·27 Sept 2026, 10:28 am
The market for unlisted or pre-IPO shares has been highly volatile in 2026, with prices swinging sharply. This is evident from the contrasting performance of major startups like MSEI, which has more than doubled its indicative value, and Zepto, which has retreated by nearly half. Other notable names have also seen significant movement, with some like Goodluck Defence & Aerospace and PPFAS emerging as gainers, while others including OYO and NCDEX have faced declines.
For investors, this volatility highlights the unique risks associated with investing in unlisted companies. Unlike listed stocks, these companies lack daily price transparency and are subject to market sentiment and funding rounds. The wide divergence in performance suggests that the market is reacting strongly to differing growth stories and valuations. Investors should be cautious and focus on the long-term fundamentals of the business rather than short-term price swings.
Moving forward, investors should watch for upcoming funding rounds, IPO plans, and major business milestones. The performance of these companies will likely depend on their ability to execute their growth strategies and achieve profitability. Staying informed about sector trends and company-specific news is crucial for making informed decisions in this dynamic market.
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- Category: Company.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
