Short answer: yes — PreStocks.in is a legitimate marketplace platform for pre-IPO and unlisted equity, built around 100% bank escrow protection, mandatory KYC on every user, and demat-only settlement. Here is exactly how that works, and what it does and doesn't cover.
Every buy order's payment is deposited directly into an independent bank escrow account — not into a PreStocks-controlled wallet. The seller only receives that payment after the buyer's demat statement confirms share credit. If the shares don't arrive within the standard settlement window, the full amount is refunded automatically with zero cancellation charges.
All share transfers happen via official CDSL/NSDL Delivery Instruction Slip (DIS) or e-DIS mechanisms directly between demat accounts. PreStocks never takes custody of the shares themselves — sellers must have pre-verified holdings before a deal is matched.
PAN, Aadhaar/DigiLocker, and Demat Client Master Report verification are mandatory for both buyers and sellers before any order can be placed, in line with PMLA and standard KYC regulations — reducing counterparty risk on both sides of a trade.
To be transparent: PreStocks.in is not a SEBI-registered stock exchange, not an investment advisor, and does not guarantee IPO listing dates or returns. It is a marketplace and settlement-infrastructure provider for secondary transactions in unlisted equity.
Unlisted shares themselves carry genuine market risk — illiquidity, limited public disclosure, and valuation swings — regardless of which platform you use. That risk sits with the asset class, not with PreStocks' escrow and settlement process.
Yes. PreStocks.in protects every transaction with 100% bank escrow — buyer funds sit in an independent escrow account and are only released to the seller after shares are confirmed credited to the buyer's demat account. No funds are held directly by PreStocks at any point in the transaction.
No. PreStocks.in is a technology marketplace platform that facilitates secondary transactions in unlisted and pre-IPO equities between verified buyers and sellers. It is not a registered stock exchange under the Securities Contracts (Regulation) Act, 1956, and does not act as an investment advisor.
If shares are not credited to the buyer's demat account within the standard T+1 to T+2 working day settlement window, 100% of the escrowed amount is refunded to the buyer's source bank account with zero cancellation charges.
Yes. In compliance with PMLA and statutory KYC regulations, every buyer and seller must complete PAN, Aadhaar/DigiLocker, and Demat Client Master Report (CMR/CML) verification before placing any order.
Unlisted equities carry real investment risk independent of the platform: potential illiquidity, limited public financial disclosure, and valuation volatility. IPO timelines are never guaranteed. This is a market risk that exists on any unlisted-share platform, not something specific to PreStocks.