Can I do intraday on IPO listing date?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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.

Topic: IPO Listing Feedback

1 Comments

1. Khushal

| Link|September 2, 2024 8:03:49 AMReply

available on grow and angelone?
are there any rules or regulations from regulator? or it varies on brokers to allow intraday on listing day?

Find more questions on this topic

Ask Your Question