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Asked a question last year

Where is the selling option of ipo in fyers ?And what is the procedure ?.... tommorrow is the listing of ipo and I'm unable to find the selling option in fyers

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Hey @Shanu solanki13,

You can sell your IPO Shares just like you sell your holdings. Once the shares are credited to your Demat account, you can sell them. 

To place a Sell order in CNC, you will need to activate EDIS. If EDIS is not activated, then you won't be able to place the order in CNC. Kindly check once. 

To activate the same, you can follow the below steps and activate it:

  • Login to your Fyers Demat account.
  • Use CNC as the product type and place a sell order.
  • A Pop-up window will appear to authorize CDSL DP to execute the sell order.
  • Click on “Yes” and it will direct you to the CDSL authorization page.
  • Enter the TPIN, if you forgot then click on the “Forgot CDSL TPIN” and OTP will be sent to your registered mobile number.
  • Enter TPIN on the e-DIS transaction verification page and click on the "Verify" button.
  • A successful e-DIS confirmation message will appear on the screen. You now would be able to place the sell order.

However, you won't be able to check the buy price for the shares purchased through Net Banking. It will either not reflect or reflect as 0. You will need to mail us the allotment price at support@fyers.in11. Our team will update the same. 

Hope this addresses your query!