Why Do Companies Go Public?
Companies embark on the IPO journey for a variety of reasons: Capital infusion: Going public allows companies to raise substantial capital by selling shares to a wide range of investors. This influx of funds can be used for expansion, debt reduction, or various strategic initiatives. Liquidity for investors: Existing shareholders, including founders and early investors, can cash out their holdings and convert them into liquid assets. Enhanced visibility: A public listing can boost a company's visibility and credibility, potentially attracting more customers and business partners.
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How do I sell shares which are under pledge?
Go to portfolio and unpledge the stock. Next day you can sell the stock from your holdings.
How can I sell my Pledged Stocks?
You need to unpledge the stock first to sell the stock. Go to portfolio and unpledge the stock. Next trading day you can sell the stock from your holdings.