the above article is quite clear...however if u wanna sell on listing and opt for part payment there is a risk that if ipo is not subscribed by more than 4 times(retail) u cannot sell on listing...ie,u have to make remaining payment and shares will be credited within 26 days...
so my suggestion is u wait until 18'th and if the data suggests an over subscription by at least around 3-3.5 times by then u can take a gamble by part payment...
ps: going by the euphoria the issue has created it is highly unlikely that it'll be subscribed less than 4-5 times...
also there is a risk that if there is too much supply things may not be as rosy as one imagines(Grey market is only an indicator to be taken with a pinch of salt)
so my suggestion is u wait until 18'th and if the data suggests an over subscription by at least around 3-3.5 times by then u can take a gamble by part payment...
ps: going by the euphoria the issue has created it is highly unlikely that it'll be subscribed less than 4-5 times...
also there is a risk that if there is too much supply things may not be as rosy as one imagines(Grey market is only an indicator to be taken with a pinch of salt)