Can I sell my shares after pledging at FYERS?

Can I Sell My Shares After Pledging at FYERS?

Yes, you can sell your pledged shares during market hours on FYERS without unpledging them first. Although pledge and unpledge requests are processed only at the end of the day (EOD), your pledged holdings remain fully sellable throughout the trading session. When you sell pledged shares, we will automatically reverse the margin benefit for the sold quantity during EOD processing.

How is share selling prioritised?

When you place a sell order, we follow this sequence to determine which shares are debited first:

  1. Free quantity – Unpledged shares available for trading
  2. Newly pledged quantity – Shares pledged on the same day
  3. Pledged quantity – Shares already pledged and approved as collateral
  4. T1 holdings – Shares bought but not yet settled

Example scenarios

  • Selling after unpledge request: If you unpledge and sell the same shares on the same day, both actions are reconciled at EOD automatically.
  • Partial unpledging: If you unpledge part of a holding and sell another part, we reconcile both adjustments during EOD processing.
  • Pending pledge request: If you raise a pledge request and sell the same shares before EOD, the pledge request is automatically cancelled for the sold quantity.

Need help unpledging? Follow this step-by-step guide.

You can sell pledged shares at any time during market hours, and we will automatically prioritise free quantity first and reverse collateral margins at EOD.

What if...

ScenarioSolution
You submitted an unpledge request and also sold the same sharesNo action is required because both actions are processed together at EOD.
You placed a pledge request, but sold the shares before EODThe pledge request is automatically cancelled for the quantity sold.
You want to sell pledged shares without waiting for unpledged sharesYou can sell pledged shares directly during market hours; we adjust the margin and settlement at EOD.
You sold both free and pledged shares and want to know which was sold firstWe sell free shares first, then pledged shares, and then T1 holdings according to the priority order.

Last updated: 05 Dec 2025