Taxation on IPO listing gain for traders

Taxation
1

I am trading in F&O. Hence profit or loss be considered as non speculative business income. Is it right ?

Secondly, intraday trade in equity cash market is speculative business income of losses. Is it right ?

Thirdly, I do always applied for all the IPO and if share alloted I just sell it @ open price on listing day itself because my intention is for listing gain only.
Now I request to taxation export to please let me know in which the listing gain/loss be classified ?speculative business income or short term capital gain ?

2
  1. F&O is non speculative business income taxed at your income tax slab.
  2. Intraday is speculative income.
  3. IPO will always involve delivery of shares from your demat account. It is short term capital gain if you sell on listing day.