How to sell in one lot?

#1
Hi everyone,

Myself Varun. I am new to Stocks and online trading. I am facing following difficulty while selling/buying shares on HDFC sec:

Suppose I want to sell 200 shares of a company, then when I place a limit order, I leave the 'Disclosed quantity' blank so that all of my shares are sold in one go. But unfortunately, they shares are sold in small lots (like 99 + 51 + 50 etc.) and I end up paying more brokerage (as minimum brokerage is Rs. 25). This happens at buy time also. Is there any method by which I can make sure that shares are sold in a single lot only? Also is this problem faced only on HDFC sec or it happens with other online trading platforms (like ICICI, Geojit etc.) also? As I understand, this should happen only when I use disclosed quantity. By disclosing only say 100 out of 200 shares, I am forcing to have the transaction being done in lots of 100. Please correct me if I am wrong.

Thanks.
 

deb99891

Active Member
#2
Hi everyone,

Myself Varun. I am new to Stocks and online trading. I am facing following difficulty while selling/buying shares on HDFC sec:

Suppose I want to sell 200 shares of a company, then when I place a limit order, I leave the 'Disclosed quantity' blank so that all of my shares are sold in one go. But unfortunately, they shares are sold in small lots (like 99 + 51 + 50 etc.) and I end up paying more brokerage (as minimum brokerage is Rs. 25). This happens at buy time also. Is there any method by which I can make sure that shares are sold in a single lot only? Also is this problem faced only on HDFC sec or it happens with other online trading platforms (like ICICI, Geojit etc.) also? As I understand, this should happen only when I use disclosed quantity. By disclosing only say 100 out of 200 shares, I am forcing to have the transaction being done in lots of 100. Please correct me if I am wrong.

Thanks.
you have to place all or none order
check with hdfc sec... weather they r having it.
 

sudoku1

Well-Known Member
#3
I am facing following difficulty while selling/buying shares on HDFC sec:

Suppose I want to sell 200 shares of a company, then when I place a limit order, I leave the 'Disclosed quantity' blank so that all of my shares are sold in one go. But unfortunately, they shares are sold in small lots (like 99 + 51 + 50 etc.)
u can do it by putting the order as 'market rate' instead of limit order:)
 
#7
Go to Reliance Money instead online trading in better n easier there, :)
Thanks for suggesting Reliance money, but are you sure Reliance money provide this facility of 'all or none' ?
I have heard of numerous problems with Reliance money interface. Anyone using it might confirm.
 

Similar threads