Yes, you can sell IPO shares after the listing. Regular trading in IPO shares begins at 10:00 a.m. on the day of listing.
Only anchor investors have a lock-up period for IPO shares. Retail investors, QIB, HNI and employees can sell IPO shares at any time once they are listed on the stock exchange.
An investor may also place a sell order for its IPO shares during the pre-open session (9:00 to 9:45 a.m.) at a price determined by the investor. The pre-open orders will be executed at 9:45 a.m. based on the discovered IPO listing price established by the Exchange. If your order does not find a matching order, your unexecuted order will be carried over into the normal trading session. Based on the listing price, you can decide whether to leave the order open or cancel it and hold the shares until you achieve the expected return.
