New Delhi (India), October 6: Wealth Wisdom India, a leading platform for buying and selling unlisted shares, has recently announced the launch of the PRIMEX 40 Index. PRIMEX 40 aims to provide investors with a reliable benchmark to assess the performance of leading private companies in India. The private equity market has been experiencing a remarkable upswing, creating promising opportunities for investors. However, retail investors often face limited options when it comes to exploring these securities.
The Primex 40 Index tracks the share prices of India's Top Trading 40 private companies in unlisted and delisted markets, including companies like NSE, Nayara Energy, Tata Capital, Capgemini, HDB Financial, SBI AMC, Tata Technologies, Hexawre and others. These companies span various sectors, including Financial Services, IT, Energy, Oil and gas, and Consumer Durables, among others. The index serves as a benchmark for investors to evaluate the performance of India’s private equity markets with listed markets.
The Index Return provides valuable data for comparing performance over various timeframes, ranging from the past week to all-time records. It includes data dating back to May 31, 2019, and is based on the Nifty 500 Multicap 50:25:25 benchmark. The PRIMEX 40 Index is equipped with features such as Real-time Calculation, enabling instant market insights and Diverse Representation, offering a comprehensive view across multiple sectors of India's thriving private arena. The index follows a Weighted Market cap calculation approach, ensuring that each company's market presence is proportionally represented. These features empower investors and analysts with real-time and in-depth market insights, enabling them to make informed decisions. Further, Unlisted markets operate continuously, 24/7, 365 days a year, offering investors numerous trading opportunities. Transactions can be executed on any business day.
Krishna Patwari, MD of Wealth Wisdom India Pvt. Ltd., says, “This first-of-its-kind index serves as a crucial benchmark for assessing private market performance, featuring a meticulously curated selection of industry leaders known for their growth, liquidity and market cap. Covering a broad spectrum of sectors and calculated in real-time using a market capitalization-weighted methodology, PRIMEX 40 provides a holistic view of India's private market landscape. Investors can use it to monitor the performance of top unlisted and delisted companies, gaining valuable insights into the private equity market's health and facilitating meaningful comparisons with publicly traded counterparts, enabling well-informed investment decisions.”
For more information, please visit: https://wwipl.com/primex
About Wealth Wisdom India Pvt. Ltd. :
Wealth Wisdom (wwipl.com) is a leading platform that specialises in unlisted shares, delisted shares, pre-IPO shares, and other exclusive investment opportunities. Their dedication to transparency, expertise, and personalised care has made them a trusted entity in the unlisted share market, guiding investors to make informed decisions and enhance their portfolios.
(This article is part of IndiaDotCom Pvt Ltd’s Consumer Connect Initiative, a paid publication programme. IDPL claims no editorial involvement and assumes no responsibility, liability or claims for any errors or omissions in the content of the article.)
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