It is not a good idea for beginners to invest in unlisted shares as the minimum amount of investment is high as well as there is no liquidity in Unlisted stocks which means that the investor can remain stuck with their investment unless it is listed on the Secondary market.
The short answer to this question is No!
Stocks that are not listed have multiple disadvantages-
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Unlisted shares do not have any liquidity. And by liquidity, means that you cannot buy and sell them quickly if you need to. You have to wait till the shares are listed and only then you would be able to sell them or buy more according to your need. The fair value for these types of shares is only what the buyer is willing to pay.
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The minimum amount for buying unlisted shares is pretty high compared to listed shares. In the secondary market in India, one can buy at least 1 share at the market price, but in the Primary market one might not find just 1 or a couple of shares, the minimum quantity of shares would be 1 lot that would consist of hundreds of shares which makes the initial investment of thousands of rupees hence beginners should stay away from them.
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There is **no certainty **about when the unlisted shares will be publicly traded therefore the holder of these shares can be stuck if the Company delays its listing process.
Hence, to sum it up, buying shares of an unlisted company is a very risky task and beginners with limited capital should stay away from such an adventurous endeavor.