Can I do intraday on IPO listing date?

Yes, you can trade intraday on the day of the IPO listing, but with some limitations. Due to higher volatility on the day of listing, there may be margin constraints on intraday trading of IPO stocks. This varies from broker to broker.

Zerodha broker intraday trading strategy on the day of listing

• Intraday long positions are allowed, but with full margin. This is like a delivery buy order (CNC).
• Short selling isn't allowed on the day of listing even with full margin (CNC) unless you hold IPO allocated shares in your demat account.