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Overseas IPO education

How can an Indian investor buy a newly listed US share on its first trading day?

Our answer

Use an eligible broker that confirms it will accept orders for that specific security once trading begins. The opening trade can occur later than the normal market open, and the price can be very different from the offer price. Check the ticker, opening status and supported order types before submitting an order.

Price control

A buy limit sets the most you are willing to pay per share. It can leave the order unfilled if sellers never meet it.

Same-day sale

Verify whether the shares are already credited and tradable, and check for any offer restrictions or account-specific rules before planning an immediate sale.

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