Why are the shares credited for an IPO bid are not visible on Jainam pro and spark even after getting confirmation from the CDSL?

• The confirmation email received from CDSL is only for the purpose of informing that shares are being credited to the demat account. 

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• The shares will reflect in Jainam Pro And Spark only after they are listed. If the shares have been allotted, they will be credited to the demat account before the listing date, but the stock price will be displayed as NA on the listing day until it is determined.