When can client trade the allotted shares in IPO ?
On listing day, client can sell the allotted shares.
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How and when can client check the allotment status of IPO?
The whole process of allocation takes around 10 working days. In case shares are not allotted/ partially allotted, the amount paid would be refunded. For the shares to start trading on the Stock Exchanges, it normally takes 2 weeks from the date of ...
How client can check trade reports?
Trade report is nothing but trade listing where client get all information related to transaction done in their account for a specific period. Option available in ask IIFL which is as below. Through TT Web: 1. Login to ...
What is IPO ?
Initial Public Offering (IPO) is a means for the company to get listed on the stock exchange, and allow its shares to be traded on the exchange. When a company offers its equity to the public for the first time, it is called "Initial Public Offering ...
Why client unable see UPI handle listed in the dropdown while applying for an IPO?
Only selected UPI handles approved by NPCI, can be used for IPO bidding. Client can check if UPI handle is supported or not from here. Link: https://www.npci.org.in/what-we-do/ipo/live-partners
Will client can be able to sell shares after pledging?
Yes. client can sell there shares which are pledged at any point of time. However, user should ensure that sufficient margin is available in case any position is created against such pledged securities. If user is NON-POA client follow process for ...