Procedure for Buying Care Health Unlisted Shares To ensure a seamless and compliant transaction, please follow the protocol outlined below: Step 1: Booking Confirmation Confirm the booking of Care Health Insurance Limited unlisted shares with our desk at the agreed-upon current trading price. Step 2: Documentation & KYC In accordance with SEBI regulations, the following documents must be submitted to initiate the transfer: Client Master Report (CMR): This can be obtained from your DP (Demat) broker. PAN Card: A clear digital copy. Cancelled Cheque: Required only if you are transferring funds from a bank account other than the one registered in your CMR copy. Step 3: Funding & Bank Details Upon receipt of your KYC documents, we will provide the official Rookcapital.in bank account details. Transfer Methods: Payments must be made via RTGS, NEFT, or IMPS transfer. Strict Policy: No cash deposits are accepted under any circumstances. Account Matching: Funds must be transferred from the same bank account linked to the Demat account where the shares will be credited. Step 4: Share Credit Timeline T+0 Transfer: If funds are credited to our account before 2:00 PM, shares will be transferred to your Demat account within 24 hours. ⚠️ Important Regulatory Note: Lock-in Period Investors should be aware of the mandatory SEBI lock-in period for Pre-IPO shares: 6-Month Lock-in: Shares purchased in the unlisted/Pre-IPO market are subject to a 6-month lock-in period starting from the date of the company's listing on the stock exchanges. Liquidity Restriction: You will not be able to sell these shares on the open market until exactly 6 months have passed from the official listing date. Have Questions? For any queries regarding the valuation, share availability, or the transfer process, please reach out to our dedicated support team. Contact Us: sales@rookcapital.in Visit: Rookcapital.in

Below is the professional procedure for selling **Care Health Insurance Limited** (formerly Religare Health) unlisted shares, updated for **Rookcapital.in**. --- ## **Procedure for Selling Care Health Unlisted Shares** If you hold unlisted shares of Care Health and wish to liquidate your position, follow this secure and compliant process: ### **Step 1: Price Confirmation** Contact our desk to receive a formal **Buying Price Quote** for your Care Health Insurance Limited unlisted shares based on current market demand. ### **Step 2: Share Transfer** Upon agreement of the price: * We will provide you with the **Rookcapital.in Client Master Report (CMR)**. * You will initiate the transfer of the shares from your Demat account to our designated Demat account via an Off-Market Transfer (using your broker's online portal or a physical DIS slip). ### **Step 3: Verification** Once the shares are successfully received and reflected in our Demat account, our operations team will reach out to request your bank details. ### **Step 4: Fund Settlement** * **Timeline:** Funds will be disbursed to your bank account within **24 hours** of the shares being credited to our account. * **Payment Modes:** Settlement is processed via **RTGS, NEFT, IMPS, or Cheque Transfer**. * **Strict Policy:** In compliance with financial regulations, **no cash payments** are made. ### **Step 5: Compliance & Bank Matching** To ensure the security of the transaction and adhere to **SEBI regulations**: * Payment will only be credited to the **bank account linked to your Demat account**. * If you require payment to a different account, you must provide a **cancelled cheque** showing your name to verify ownership. * **Important:** Rookcapital.in strictly refrains from third-party transfers; funds will not be sent to any account not owned by the registered shareholder. --- ### **Ready to Sell?** For a live quote or to begin the transfer process, please contact our trade desk. **Contact Us:** [sales@rookcapital.in](mailto:sales@rookcapital.in) **Visit:** [Rookcapital.in](https://rookcapital.in)

The lock-in period for Care Health (Previously Religare Health) Insurance Company Limited Unlisted Shares varies depending on the category of investors: 1. For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Care Health (Previously Religare Health) Insurance Company Limited Unlisted Shares. 2. For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period. 3. For other types of investors, which include Retail Investors, High Net-worth Individuals (HNIs), or Body Corporates, the lock-in period is 6 months from the date of the IPO listing of Care Health (Previously Religare Health) Insurance Company Limited Unlisted Shares. This regulation was introduced by SEBI in August 2021. The rule change, which reduced the lock-in period from one year to six months, was aimed at encouraging more investments in startups that are preparing for public offerings or IPOs. This reduction in the lock-in period is seen as a significant step forward, and since its introduction, many Portfolio Management Services (PMS) have been advising their clients to invest in Pre-IPO shares to capitalize on the benefits of early-stage investments. However, for SME IPOs, the lock-in period is of One year.

This detailed breakdown explains the valuation framework used for **Care Health Insurance Limited** (formerly Religare Health), tailored for the **Rookcapital.in** platform. --- ## **Valuation Methodology for Care Health Unlisted Shares** At **Rookcapital.in**, we employ a meticulous and strategic dual-methodology to determine the fair market value of Care Health Insurance Limited unlisted shares. Our approach ensures that investors receive a valuation grounded in both real-world capital infusions and broader market dynamics. ### **1. Benchmark Valuation (Based on Latest Funding)** Our primary valuation anchor is the most recent capital raising activity within the company. * **Mechanism:** We analyze the pricing of the latest funding rounds or preferential allotments (such as the recent investment by **Trishikhar Ventures LLP**). * **Insight:** This provides a concrete benchmark, reflecting the company’s value as perceived by institutional investors and industry experts at a specific point in time. It is the most effective way to capture current market sentiment and the immediate financial health of the insurer. ### **2. Relative Valuation (Comparison with Listed Peers)** In the absence of a very recent funding round, or to validate a benchmark, we utilize a comparative market approach. * **Mechanism:** We identify listed entities that closely mirror Care Health in terms of industry (Standalone Health Insurance), scale, and business model—most notably **Star Health and Allied Insurance**. * **Metrics:** By comparing key performance indicators such as **Gross Written Premium (GWP)**, **Mcap/GWP ratios**, and **Profit After Tax (PAT)** margins, we derive a fair value for Care Health shares relative to the liquid market. This ensures the unlisted price remains aligned with the broader sector’s performance. --- ## **Investor Advisory & Due Diligence** As specialists in the Pre-IPO and unlisted ecosystem, the team at **Rookcapital.in** emphasizes the necessity of a comprehensive **risk-reward assessment**. ### **Key Considerations Before Investing:** * **Liquidity Risk:** Unlisted shares do not trade on a formal exchange and are subject to a **6-month lock-in period** post-listing. * **Market Volatility:** While the health insurance sector has high growth potential, valuations can fluctuate based on regulatory changes (IRDAI) and internal claim ratios. * **Due Diligence:** We encourage all investors to evaluate risk parameters—including the solvency ratio and combined ratio—carefully before committing capital. **Strategic Insight:** Informed and strategic decisions are the cornerstone of success in the evolving unlisted market. Our methodology is designed to provide the transparency required for such due diligence. --- **For current valuations and expert consultation, contact our trade desk:** **Email:** [sales@rookcapital.in](mailto:sales@rookcapital.in) **Web:** [Rookcapital.in](https://rookcapital.in)

The Care Health (Previously Religare Health) Insurance Company Limited Unlisted Shares are credited in the demat account on the same day as the transfer of funds into our company's bank account.

A **Delivery Instruction Slip (DIS)** is the essential instrument used by investors to transfer **Care Health Insurance Limited** (formerly Religare Health) unlisted shares from their Demat account to another. Think of it as the "chequebook" for your shareholdings. Depending on your broker’s infrastructure, there are two primary methods to execute this at **Rookcapital.in**: --- ### **1. Offline-DIS (Traditional Method)** This is a paper-based process. Investors must fill out a physical DIS booklet provided by their Depository Participant (DP) and submit it to their broker's office. To ensure a successful transfer of Care Health shares, the following fields must be accurately completed: * **ISIN Number:** The specific code for Care Health Insurance (e.g., `INE119J01011`). * **Security Name:** Care Health Insurance Company Limited. * **Quantity:** The exact number of shares you intend to transfer (in figures and words). * **Consideration Amount:** The total value of the transaction. * **Target DP ID & Client ID:** The unique identifiers for the recipient’s (Rookcapital) Demat account. * **Annexure:** Supporting documentation if the transfer involves specific off-market reasons. ### **2. Online-DIS (Digital Method)** Many modern brokers now offer an electronic DIS (e-DIS) facility, which is significantly faster and eliminates the need for physical paperwork. * **How it works:** Platforms like **Angel One, Zerodha, or Upstox** allow you to initiate transfers through their web portal or app. * **The Process:** You typically add a "Beneficiary" by entering the Target DP ID and Client ID provided by **Rookcapital.in**. Once the beneficiary is active, you can transfer the shares by authorizing the transaction via an **e-PIN** (generated through CDSL/NSDL) or an **OTP**. * **Check with your Broker:** We highly recommend confirming with your specific broker if they support online transfers for unlisted (off-market) securities. --- ## **Why Accuracy Matters** Any discrepancy in the DIS—such as a signature mismatch in the offline method or an incorrect Client ID in the online method—will result in the rejection of the transfer. At **Rookcapital.in**, we guide our clients through each step to ensure the details match our CMR (Client Master Report) exactly. For a comprehensive walkthrough on the mechanics of selling your holdings, you can refer to our detailed guide: **[Rookcapital.in/how-to-sell-unlisted-shares]** --- **Need assistance with your DIS? Contact our support desk:** **Email:** [sales@rookcapital.in](mailto:sales@rookcapital.in) **Visit:** [Rookcapital.in](https://rookcapital.in)

Investing in NSE Unlisted Shares involves risks like limited liquidity, regulatory changes, and the potential delay in share transfer due to the requirement of board approval. Investors should also consider the market conditions and the company's financial performance before investing.

You need to submit your Client Master List (CML) copy, PAN card, Aadhar card, and a cancelled cheque for KYC purposes.

This detailed summary outlines the regulatory environment for the unlisted market in India, specifically regarding **SEBI's** oversight, adapted for **Rookcapital.in**. --- ## **SEBI's Regulatory Oversight in the Unlisted Market** While the Securities and Exchange Board of India (SEBI) is primarily known for its comprehensive oversight of listed exchanges (NSE/BSE), it also exerts a strategic regulatory influence on the unlisted and Pre-IPO markets to ensure transactional integrity. ### **1. Core Rules and Compliance** Certain SEBI-mandated regulations are strictly applicable to all transactions within the unlisted space to provide a level of standardization: * **Lock-in Periods:** A mandatory **6-month lock-in period** applies to all Pre-IPO shares from the date of the company's listing. This prevents immediate dumping of shares and ensures market stability. * **Statutory Costs:** Every transaction is subject to the payment of **Stamp Duty** and **Depository Participant (DP) charges**, ensuring that the transfer of ownership is legally recorded. * **Demat Necessity:** To increase transparency, SEBI has made it mandatory for unlisted public companies to issue and transfer shares only in **dematerialized (Demat) form**. ### **2. The Brokerage Landscape** It is important for investors to understand the distinction in how brokers are governed: * **Lack of Specific Accreditation:** As of now, SEBI does not have a specific, separate category of "Unlisted Broker" registration. * **Due Diligence:** Because the process of becoming an unlisted broker isn't directly regulated in the same way as a Stock Exchange Member, the responsibility for **due diligence** falls on the investor. At **Rookcapital.in**, we bridge this gap by maintaining institutional-grade transparency and secure settlement processes. ### **3. Investor Protection & Transparency** The regulations that *do* exist are designed to mitigate the inherent risks of trading securities that lack public scrutiny: * **Risk Mitigation:** Measures like the lock-in period and mandatory KYC/CMR documentation protect the broader market from extreme volatility during a transition from private to public. * **Transparency:** By enforcing DP-controlled transfers, SEBI ensures that the trail of share ownership is as clear as it is in the listed market. --- ## **Strategic Summary for Investors** While SEBI provides the "rules of the road" for share transfers and post-listing behavior, it does not comprehensively regulate every operational aspect of the unlisted market—particularly the intermediaries. **The Rookcapital.in Edge:** Given the nuanced regulatory environment, we emphasize that investors must conduct thorough research. We assist our clients by providing: * **Verified Data:** Sourced from official financial filings. * **Secure Settlements:** Adhering strictly to SEBI-compliant bank-to-bank and Demat-to-Demat transfers. * **Expert Guidance:** Helping you navigate the complexities of lock-in periods and tax implications. --- **For a secure entry into the Pre-IPO market, consult with our experts:** **Email:** [sales@rookcapital.in](mailto:sales@rookcapital.in) **Visit:** [Rookcapital.in](https://rookcapital.in)

Investing in **Care Health Insurance Limited** (formerly Religare Health) unlisted shares offers significant growth potential, but like any Pre-IPO investment, it carries specific risks. At **Rookcapital.in**, we believe in empowered investing through full transparency. Before committing capital, every investor should evaluate the following risk parameters: --- ### **1. Liquidity Risk** Unlike stocks traded on the NSE or BSE, unlisted shares are not traded on public exchanges. This results in **lower liquidity**, meaning it may take longer to find a buyer at your desired price when you decide to exit your position. ### **2. Price Volatility** The valuation of Care Health unlisted shares can experience sharper fluctuations than listed stocks. This volatility is often driven by off-market demand-supply dynamics and the fact that price discovery does not happen in real-time on a public ticker. ### **3. Regulatory & Compliance Risk** The unlisted ecosystem operates under a different regulatory framework. Changes in **IRDAI** (insurance regulator) policies or **SEBI** guidelines regarding Pre-IPO issues can directly impact the tradability and valuation of your holdings. ### **4. Information Asymmetry** Unlisted companies are not required to publish quarterly results with the same immediacy as listed firms. While **Rookcapital.in** provides verified annual data, the relative lack of frequent public disclosures can make it more complex to track short-term performance shifts. ### **5. IPO Uncertainty (Listing Risk)** Many investors buy Care Health shares with the expectation of an upcoming Initial Public Offering (IPO). However, there is **no guaranteed timeline** for a public listing. Delays or a decision not to list can affect both the projected exit route and the anticipated value appreciation. ### **6. Company-Specific & Sector Risks** Care Health’s performance is tied to specific internal and external factors: * **Claim Ratios:** High payouts during health crises can impact profitability. * **Competition:** Intense rivalry from other Standalone Health Insurers (SAHIs) like Star Health or Niva Bupa. * **Management & Governance:** Changes within the parent company (Religare Enterprises Limited) can influence the subsidiary’s strategic direction. --- ## **The Rookcapital.in Approach to Risk** While these risks are inherent to the asset class, they can be managed through **due diligence**: * **Verify the Fundamentals:** Always review the Solvency Ratio and Gross Written Premium (GWP) trends. * **Diversify:** Avoid over-concentrating your portfolio in a single unlisted script. * **Long-term Horizon:** View Pre-IPO investments as 2–3 year plays rather than short-term trades. --- **For expert risk assessment and the latest share valuations:** **Email:** [sales@rookcapital.in](mailto:sales@rookcapital.in) **Visit:** [Rookcapital.in](https://rookcapital.in)

When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.