Please forward this error screen to 188. The IPO Grey Market is an ‘over-the-counter market’ where dealers may execute orders for ‘preferred customers’ as well as provide support for a new issue kis lunches it is actually issued.
It also allows investors to sell the IPO Shares or IPO Application at certain premium before they list. This page is a discussion forum for grey market premium of public offers in India at BSE and NSE. Attention: Pls do not use IPO Grey Market Forum to discuss secondary market. Some clients have lost their transit shares to this bankruptcy.
These brokers were aggressively advertising their Zero Brokerage plans. In fact one of them was giving a tablet free if you open an account. Please be careful if something is being offered free. These discount brokers use your transit shares to offer margin funding to their high trading clients. This can get really risky when markets fall sharply. Most discount brokers started after 2012 and are yet to see a bad cycle. Two of the above got bankrupt in the recent fall.