Why are the shares credited for an IPO bid are not visible on Jainam pro and Jainam lite even after getting confirmation from the CDSL?

Why are the shares credited for an IPO bid are not visible on Jainam pro and Jainam lite even after getting confirmation from the CDSL?

  • The confirmation email received from CDSL is only to inform that shares are being credited to the demat account.
  • The shares will be reflected in Jainam Pro and Jainam Lite on the day of listing. If the shares have been allotted, they will be credited to the Demat account before the listing date, but the stock price will be displayed as NA on the listing day until it is determined.

  • The client can connect to his RM a day before the listing date to know his allotment status.