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.


2 Comments

Subodh Soni
2. Subodh Soni  Mar 20, 2021 15:48 I Like It. | Report Abuse Reply 0
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.
Rohit
1. Rohit  Jan 23, 2021 10:37 I Like It. | Report Abuse Reply 0
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.
su
1.1. su  Mar 16, 2021 10:49 I Like It. | Report Abuse 0
yes

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