Can we sell reserved (foreign employment) IPO as regular after listing?
View on r/NepalStock by Ayush-69
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Hey guys, I applied for Sonapur IPO for 20 Kitta and on remark it says amount blocked. What does it mean. It’s my first time filling IPO. Do I have to contact bank?
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No Foreign employment unlike Local shares are not locked for 3 years and can be traded once the IPO is also allotted to the general public. Read this article that I have posted that gives detailed information about the quota allotted to the Foreign Employed Individuals.[Detailed Information about the Quota](https://www.tipsnepal.com/foreign-employment-share-10-ipo-quota/)
It will be locked for 3 years