When you receive a confirmation email from CDSL, it means the shares have been successfully credited to your demat account. However, these shares will only become visible in your Lakshmishree account on the IPO listing day.
Here’s why:
- The shares are credited in your demat account before the listing date, but they will not be displayed in your holdings on Lakshmishree until the stock is officially listed on the exchange.
- Once the company is listed, the shares will reflect in your portfolio, and you can sell or hold them as per your choice.
If your IPO shares are still not visible after the listing day, you can:
- Check if the stock is listed by searching for it in the market watch section.
- Verify with CDSL that the shares are indeed credited.
- Contact Lakshmishree customer support if the issue persists.