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:
- Free quantity – Unpledged shares available for trading
- Newly pledged quantity – Shares pledged on the same day
- Pledged quantity – Shares already pledged and approved as collateral
- 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...
| Scenario | Solution |
|---|
| You submitted an unpledge request and also sold the same shares | No action is required because both actions are processed together at EOD. |
| You placed a pledge request, but sold the shares before EOD | The pledge request is automatically cancelled for the quantity sold. |
| You want to sell pledged shares without waiting for unpledged shares | You 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 first | We sell free shares first, then pledged shares, and then T1 holdings according to the priority order. |
Last updated: 05 Dec 2025
Related Articles
When Can I Access the Funds After Settling My Trades and Selling Shares?
When you sell stocks or close open positions on FYERS, the proceeds aren’t immediately eligible for withdrawal. The funds become withdrawable only after the T+1 settlement cycle, which is one trading day after the transaction date. Understanding ...
How Can I Pledge and Unpledge in FYERS (Web & App)?
Pledging in FYERS lets you unlock collateral margin from your existing holdings without selling them. The pledged value (after haircut) can be used for trading in derivatives or to meet margin requirements. You can later unpledge your holdings when ...
How do I authorise my holdings before selling in FYERS?
To sell delivery holdings on FYERS, you must authorise the sell quantity using your TPIN and an OTP verification. You can authorise while placing a sell order or pre-authorise from Holdings > Authorisation. This guide covers FYERS App, FYERS Web, and ...
Which Mutual Funds Are Eligible for Pledging in FYERS?
You can pledge mutual fund schemes to receive collateral margins for trading in the Futures & Options (F&O) segment—without having to sell your investments. These collateral margins can be used for intraday, positional, or hedging strategies, ...
How to sell my holdings?
The Holdings section lets you manage your existing stocks and ETFs in one place. From here, you can sell fully or partially, buy more, set GTT (Good Till Triggered) orders, or create price alerts. This guide explains how to sell on both FYERS Web and ...