Unregulated trading of IPO allotments before listing
Opaque pricing and off-the-books speculation
A “when listed” segment on exchanges
Enables transparent trading of IPO allotments
Transparent transactions with visible prices
Gradual price discovery, reducing listing day spikes
Simplifies capital gains tax clarity
Reduces grey market window
Helps regulators track IPO activity
Aligns with faster settlement cycles
Rs 1.6 trillion raised in 2024 by 91 IPOs
High demand fuels grey market trading
Transparent and regulated trading space
Supports India’s dynamic, tech-driven markets