How do I sell shares received in IPO allotment in minor demat account?

Save over 60% on Brokerage

We can help you save between 60% to 90% brokerage fee & taxes. Contact us today...

Are you a day trader?

There are two ways:

  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.

Note that as tax liability lies with the account Guardian, it actually doesn't matter where you sell it from.


Add a public comment...

Ask Your Question


Download Our Mobile App

Android App iOS App