If you are allotted IPO shares then the shares will be transferred or credited to the Angel One Demat account that can be sold on the exchange on or after the share listing date. You can place a sell order (either market or limit order) to sell IPO shares from the Demat account.
Step to place IPO sell order in Angel one
- Log in to your Angel One account on app or the web.
- Check your portfolio holdings.
- Tap on the three lines icon respective to the IPO shares and click on the “Sell” option.
- Enter the number of shares (Quantity) and select the order option “market” or “limit”
- In case of a limit order, enter the price at which you want to sell IPO shares.
- Click on the “Sell” button to place the IPO sell order on the exchange.
- Once the order is matched, it will be executed and the amount will be credited to your trading account.
