On 31 May, 2023, WWIPL unveiled the PRIMEX 40 index, a first-ever live private market index in India introduced with the aim of giving investors access to the untapped potential of private companies.
PRIMEX 40 Index represents a carefully selected group of 40 highly traded unlisted private companies from various sectors. While they are not traded on the stock market, these firms have exceptional growth prospects and have demonstrated their capacity to disrupt industries. The PRIMEX 40 index comprises top companies like NSE, Tata Capital, Capgemini, HDB Financial, SBI AMC, Tata Tech, and others.
Investors are increasingly investing in unlisted shares of companies to diversify their portfolios beyond the limits of publicly traded stocks. This helps to manage risk and provide stability during market fluctuations.
Earlier, private markets were not that easily accessible to individual investors. But now, investing in unlisted companies provides investors with a chance to participate in their journey from inception to success. The PRIMEX 40 Index has generated impressive returns at a CAGR of 15.20% in the short term since its inception on May 31, 2019. In a parallel comparison, its benchmark - the NIFTY 500 Multicap 50:25:25 - registered returns at a CAGR of 14.28%.
PRIMEX 40 is a source of inspiration for investors, providing them with the opportunity to compare the success of private companies to those of their publicly traded competitors. Many unlisted companies featured in the PRIMEX 40 Index are at the forefront of technology and market advancements. PRIMEX 40 is closely watched by wwipl.com, India's most renowned online hub for unlisted, delisted, and pre-IPO shares. The private market has now become a trustworthy partner for investors seeking to explore the vast potential of the market. WWIPL, also known as the WWIPL, has made a name for itself with its focus on transparency, innovation, and value creation.
The PRIMEX 40 Index is more than just a list, it represents WWIPL's commitment to creating investment opportunities that break the mould.
Investors looking to participate in the Indian Private Market investing revolution can now take part in WWIPL's extensive platform. The procedure is easy to use and accessible for both experienced investors and those who are new to the private market. The price history tables for individual stocks in the unlisted market are easily accessible to investors who are interested in in-depth analysis.
The PRIMEX 40 Index is subject to market changes and risks of investing in the private market. Investors are required to conduct thorough research and obtain financial advice before making an investment choice.