Volume activity in IPO visible before Listing

@siva @ShubhS9
In the following screenshot from Kite, we can see volume happening at 9:40 am in Clean Science IPO. But the IPO itself is listed at 10 am. Then who trades at 9:40am ?


I believe you can see some volume during this period due to the pre-opening session on a listing day

Exchange Call auction in Pre Open session for IPOs (New listing) and Re-listed Scrips Order Entry Period. 9:00am - 9:44/45am (approx) Orders for new listings (IPO) and re-listed scrip’s can be placed /modified /cancelled in the Call auction in Pre Open session. Open
Exchange Call auction Pre Open session for IPOs (New listing) and Re-listed Scrips Order Matching & Confirmation Period. 9:45am - 9:55am Order placement /modification /cancellation in the call auction in Pre Open session will be stopped.

Check this link to know more in detail.

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But then why there is no pre opening volume seen in GR Infra ?

The trading is also done during the pre opening session. So probably it depicts that in the screenshot.

Trading done in pre-opening session is mainly to determine the equilibrium price / opening price.

@arjundave @MightyBulls
But why then no pre market volume is seen in GR Infra (refer above screenshot), which also got listed on the same day as Clean Science IPO ?

It may be an error, because in the trading view chart there is a volume bar at 9:40 in GR infra…

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