How do I trade IPO on GREY market?

How do I trade IPO on GREY market?

Trading in an IPO grey market involves two types of trading:

  1. Trading (selling or buying) allocated IPO shares before they list on stock exchanges.
  2. Trading (selling or buying) IPO applications at certain rate (premium)

How do I sell my allotted IPO?

How to sell IPO shares on listing day. You need to place an order at your trading app or need to call your broker to sell stock on listing day. There is no lock-in period for retail investors. You can sell your allotted share anytime.

How can I sell my IPO from demat account?

How do I sell shares received in IPO allotment in minor demat…

  1. Sell them directly through the minor trading account linked to the minor demat account in which you received the allotment. The process is same as any other trading account.
  2. Transfer the shares to the Guardian’s trading account and sell them.
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How can I sell my IPO in Zerodha?

Steps to sell IPO shares in Zerodha:

  1. Log in to Zerodha Kite.
  2. Go to the holdings tab.
  3. Select the allotted IPO stock that you want to sell.
  4. Click on Exit.
  5. Enter/Modify the trade details as required viz. Quantity, Price, Order type.
  6. Click/Swipe to Submit.

Is IPO grey market legal?

An IPO grey market is one where a company’s shares are bid and offered by traders unofficially. This takes place before the shares are even issued by the company in an Initial Public Offering (IPO). Since this is an unofficial market, there are no rules and regulations.

How can I sell my IPO without demat account?

Well, you don’t really need a trading account for an IPO. However, if you want to sell the shares you have been allotted through an IPO, you will need to have a trading account. So it’s a good idea to have a trading account before you apply for an IPO.

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Can I sell IPO without demat account?

Well, you don’t really need a trading account for an IPO. However, if you want to sell the shares you have been allotted through an IPO, you will need to have a trading account.

Can I sell IPO on listing day Zerodha?

You can sell the IPO shares on the listing day itself. However, the timings for IPO trading on the listing day are a bit different. You can place the sell order from 9.00 am to 9.45 am. There is a freeze period from 9.45 am to 9.59 am in which you cannot place, modify or cancel any order placed for the listed IPO.

By: AdminPosted on