nkumar You can sell it safely tomorrow. 99% chance that the shares will be in your DP latest by Thursday evening. In all probability they will be credited tonight only. I have seen in the recent past that mostly the shares are credited in the DP, the day the ASBA money is debited in the accounts
786. PSR| Link| Bookmark|
May 24, 2011 3:08:27 PM
IPO Guru (1200+ Posts, 700+ Likes)
The chances of getting shares into Demat account by tomorrow night are 95%. a person willing to take 5% chance of going into AUCTION can sell today it self.
I have been allotted with 286 shares and I am not selling today as I do not want take any risk.
Allotment process is very slow . it affect very much in case of FPO...... so please guide me whether i sell directly without confirming allotment status .b'coz i applied for 980 Shares