Where will the shares be listed post IPO?

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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.

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

  Once the IPO bidding period closes, the allotment process is typically completed within a few working days. You will be notified once the results are announced. Please note that allotment is not guaranteed and depends on overall demand.

• 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.

• 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 ...

• Which currency will my IPO be invested in?

  All IPO investments in GIFT City are denominated and settled in USD only.