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5paisa has some good features but I would like to alert the readers about their cheating tactics.
1. The online IPO facility is never available on the last day of the application. Religare issue was supposed to close for subscription on Nov 1 at 5 PM but it was not available on the 5paisa website in the morning of Nov 1.
2. The shares alloted to you through IPO are never available for you to sell on the opening day. They are cheaters... I suspect that they sell those sharer at openong high and then put them in your account later. making themselves some money in the process.