Why does the buy average of my IPO holding applied via Net banking ASBA show as the closing price?
When you use Net banking ASBA for IPO applications, we, at FYERS, don't have real-time access to the exact price at which you bid for the IPO or the price at which the shares were allotted to you. Consequently, the system might default to displaying the closing price of the shares on the listing day.
How to Rectify This?
Raise a Ticket: To update the correct allotment price in our records, please raise a ticket by emailing us at [email protected]. Provide the necessary details including the name of the IPO, the number of shares allotted, and the price at which they were allotted.
Price Update: Once we receive the necessary details from you, we'll update the buy average price in our system. This process usually takes about 24-48 working hours.
Use FYERS IPO Portal: For a more seamless experience in the future, we recommend you to apply for IPOs via our IPO Portal. This ensures that the allotment prices get automatically updated in our system, eliminating any discrepancies.
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