Read the DRHP from SEBI website. Specially the industry overview and company’s financial performance. Please don’t get carried away by the growth story.
It’s not that hard to buy shares in unlisted space but getting seller is difficult I guess. I don’t have experience yet though.
In case of Polymatech – the company is raising 750cr entirely as fresh issue. That’s a plus sign. Debt is negligible. The sector is good. Considering Fy23 the PE looks reasonable.
Check YouTube videos of the past management interviews.
You would find a lot of other unlisted share over there but don’t buy them just looking at the valuation. The might not have any plan for IPO anytime soon.
I prefer buying companies who have filed their DRHP already.
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