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How to sell IPO shares bought through SBI ASBA?

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SBI only provides facility to apply for an IPO online. Once you get the allotment then the shares will be credited to your demat account. You can sell the shares on the listing day or any day after that. Once the company is listed, the shares will be available for trading on NSE and BSE (for Mainline IPOs) and NSE EMERGE or BSESME for SME IPOs. You need to have a trading account to sell your shares bought through the IPO. The process to sell IPO shares is same as any other share.


4 Comments

4. Deergh Pandya  Jul 27, 2021 11:30 I Like It. | Report Abuse Reply
Hi.
I opened the account in the GROW application but i had applied the IPO through my SBI NetBanking. Now how am i suppose to sell the IPO from SBI NetBanking because the IPO is not seen on my GROW application.
4.1. Rutul Thakkar  Jul 29, 2021 07:19 I Like It. | Report Abuse
If you solve this problem then please tell me i have the same problem..
3. Raghib  Jul 15, 2021 13:28 I Like It. | Report Abuse Reply
I have a demat account in zerodha and Angel broking and both demat accounts are linked to the same SBI bank account. How do I know in which demat account the ipo bought through sbi internet banking will be transferred?
Will it be credited in zerodha or in Angel broking?
2. Subodh Soni  Mar 20, 2021 15:48 I Like It. | Report Abuse Reply
I have demat and trading account in HDFC securities and applied for IPO through SBI net banking. Please let me know when these IPO will be displayed in HDFC Securities Demat account.
1. Rohit  Jan 23, 2021 10:37 I Like It. | Report Abuse Reply
If I apply for IPO from sbi netbanking where these shares will be deposited. I don't have demat or trading account with SBI.
I have demat with zerodha, will applying from both zerodha and sbi increase my chances to get an IPO.
1.1. su  Mar 16, 2021 10:49 I Like It. | Report Abuse
yes