Hi All,
This is a generic question applicable to any IPO.
I am using ICICIDirect. I see that after IPO allotment, I see shares credited to my demat account but having no code name (eg ICIBAN) . Neither is the buy or sell option.
The result is that it takes a few minutes for Company code to appear in demat account on the listing day . Hence, it is not possible to sell the shares within a fcouple of minutes of market opening.
How can we sell the shares within a couple of minutes on the listing day
OR
How can we set the limit price for selling on the IPO listing
day before market opens ?
Please share your views.
This is a generic question applicable to any IPO.
I am using ICICIDirect. I see that after IPO allotment, I see shares credited to my demat account but having no code name (eg ICIBAN) . Neither is the buy or sell option.
The result is that it takes a few minutes for Company code to appear in demat account on the listing day . Hence, it is not possible to sell the shares within a fcouple of minutes of market opening.
How can we sell the shares within a couple of minutes on the listing day
OR
How can we set the limit price for selling on the IPO listing
day before market opens ?
Please share your views.