How long will it take for my shares to be allotted?

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• Can I sell my shares after the bid allotment?

  You can sell your IPO shares after the company is listed on the exchange. The execution of any order will depend on the available liquidity and market demand on the exchange at that time.

• Why can’t I see my completed IPOs on the Allotted IPO page?

  This page displays your IPOs under two tabs: Applied and Completed. If you’re unable to see a past IPO, switch to the Completed tab to view applications that have either been allotted or were not allotted.

• Do I need a demat account to apply for the IPO?

  No, you don't need a demat account to apply for the IPO. However, once the shares have been allotted, then you will need to open a demat account in GIFT City to receive the allotted shares. On successful allotment, Belong will facilitate the opening ...

• Will taxes apply to IPO gains?

  Capital gains from GIFT City IPOs are not taxable in India for eligible non-resident investors. Tax treatment may vary based on your country of tax residency. Resident Indians will have to pay tax in India as per income tax rules.

• When will I know the allotment status of my bid?

  After the IPO bidding period closes, the allotment process is typically completed within a few days. Investors will be notified through the app once the allotment status is available.