How to Check Your Holdings in Zerodha After Placing an Order

If you have placed an order for shares on Zerodha and are now wondering how to check your holdings, this guide will walk you through the steps. Whether you placed a bid or have a power of attorney (POA) issue, this article will help you understand the process and provide clarity.

Checking Your Holdings: Market Watch Indication

Once you have added a stock to your market watch, there will be an indication in your market watch section, typically near the stock script name. This indication might look like a suitcase or the company's initials (e.g., CNC). It is standard for your shares to take around T2 days to appear in your demat account. Therefore, it is recommended to check for your shares either tomorrow or the day after tomorrow.

Addressing POA Issue

If you do not see your shares in your holdings and are experiencing issues, the primary reason often is a lack of submission of your POA, which stands for power of attorney. You must ensure you have submitted the POA in order for your shares to be listed in your holdings. You can find the POA in your documents; print it out and send it to the Zerodha office in Bangalore.

POA is a legal document that allows the broker to buy, hold, or sell your shares on your behalf. Once your POA is submitted, your shares will be reflected in your holdings. It is a crucial step to ensure your stocks are correctly accounted for in your Zerodha account.

Awaiting Shares Delivery

Typically, it will take an additional two days after placing an order for your shares to be delivered to your account. If you have any concerns, do not hesitate to contact Zerodha's helpdesk for further assistance. They can provide you with the latest status of your order.

Acknowledging Recent Account Opening

It is important to note that if you have recently opened a Zerodha account and are in the process of making your first transaction, your shares might not appear in your holdings immediately. This is because your shares are still in the process of being delivered to your demat account. Do not worry; your shares will reflect in your holdings within a day or two.

Understanding Positions vs. Holdings

Your positions will show the shares you have bought but have not yet been delivered to your demat account. On the other hand, holdings refer to the shares that have been delivered to your demat account and you currently own.

For instance, if you placed a bid for shares in the day, the shares will not appear in your holdings until the bid is cancelled, at which point they will move to your positions and eventually to your holdings after the delivery time.

By following these steps and understanding the nuances of Zerodha's processes, you can successfully monitor and manage your stock holdings. Good luck!