After IPO allotment when can I sell?

You may sell the shares allotted under the IPO at any time on or after the listing date. It is up to the investors to decide whether to hold the shares or sell them on the listing date.

If the listing price is higher than the issue price, investors may sell their shares if they realise the targeted profit. They can also hold the shares if they know that prices will continue to rise.

If the stock market price is below the issue price, investors can hold the shares and sell them later when prices rise.