Unlisted stocks are shares of companies that are not traded on a recognized stock exchange like NSE or BSE. These companies are privately held or yet to go public.

You can invest in unlisted stocks through specialized brokers, investment platforms, or financial advisory firms that facilitate private share transactions and handle documentation.

Yes, unlisted stocks carry higher risk compared to listed stocks due to lower liquidity, limited public information, and longer holding periods. However, they also offer high growth potential.