How to sell IPO?
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- Updated On:04-Mar-2021
- Replies:1
Short Answer
You can sell your shares of an IPO through the stockbroker application or website. Let's see what's the simple process to sell the shares you hold.
Detailed Answer
Once you have the shares credited to your demat account, you can either hold them or sell them if there is an increase in the shares' price. If you want to know all the steps involved in selling IPO shares, it has been illustrated in detail below.
- Head to the stockbroker's application or website to access your account.
- Once you are in, you can choose the number of shares you are willing to sell and select the specific price you want to sell.
- Finalize your trade and leave the application to do the rest. Once sold, you will get a notification stating that the shares have been sold.
Do keep in mind that you can only sell shares through an online medium. It's a better practice to select a broker that offered IPO trading for better convenience in buying or selling IPO shares.
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In an Initial Public Offering (IPO) a company sells its shares to investors in order to raise money. As a retail investor, you can apply for an IPO from the primary market in order to get the shares offered by the company. Once the shares get listed on the secondary market, you can sell your shares provided you have received an allotment in the primary issue.
An IPO or Initial Public Offering is where for the first time an earlier unlisted company sells new or existing securities and offers them to the public in the primary market.
IPO prospectus is the document which gives information to the investors about the company statistics before they issue shares in public. It is mainly a 3 step process. For detailed description, read through the blog below.
Yes, you can apply for an IPO application under a minor or HUF's name, provided they have different PAN card numbers. Minors can open a Demat account with their parent’s PAN Card and bank account.
There are many ways to check the IPO allotment status but Zerodha doesn't provide this facility on their website.** To check the allotment status you can visit the website of the registrar of the IPO**, for example, Link Intime, Karvy. With the help of a PAN number, you can easily check the status.
IPO or Initial Public Offering is the process through which a private company goes public by offering its shares to the public for the first time.
IPOs can be a good option for beginners as they provide an opportunity to get the shares of good companies at an attractive price. Though IPOs can provide good listing gains and quick profits, good companies can help you to create massive wealth in the long term.
No, the application process for an IPO can be availed with zero brokerage fees. Applying in an IPO is free of cost and you don't have to bear a fee.
Yes, it is mandatory to have a PAN number to apply for an IPO since July 2006 as per Securities and exchange board of India (SEBI).
IPOs have been extremely popular lately as a result of increased retail participation, ongoing bull run, and massive listing gain opportunities. However, the Indian stock markets went through a minor correction which resulted in a muted performance of some IPOs. The market negativity coupled with the lofty valuations of some of the IPOs led to poor listing gains, but the craze might not be over.