Auction on WebNotes

Auction settlement price on Zerodha

Wed, 20 May 2026 00:00:00 +0000

The auction settlement price for a short-delivery resolution is determined by the auction session matching. Typically:

Aspect	Detail
Determination	Best price among offers + matching demand
Premium to LTP	Often 5-15%+ above day’s LTP
Time priority	Earlier offers at the same price match first
Final	Once matched, settled by exchange

Effect on short-deliverer

The seller who short-delivered pays:

The auction price (which is typically higher than what they sold at).
Plus penalty per SEBI framework.

Total cost can be 20%+ of the original trade value.

How to cancel pending or partial auction orders

Wed, 20 May 2026 00:00:00 +0000

For the detailed how-to on canceling auction orders, see How to cancel pending or partial auction orders (the canonical article).

This article exists for SEO coverage of the cluster’s specific phrasing.

Quick reference

Window: Before 15:00 IST (auction matching).
Channel: Kite Orders tab > Cancel.
Partial fill: Only the unfilled portion can be cancelled.

External references

References

NSE India, Auction order cancellation, nseindia.com.
Zerodha Support, Auction orders, support.zerodha.com.

How to cancel pending or partial auction orders on Kite

Wed, 20 May 2026 00:00:00 +0000

Auction market orders on NSE / BSE are placed during a specific intraday window (14:00 to 15:00 IST for NSE equity short-delivery auctions). Kite lets you cancel pending or partial auction orders within the window. After the window closes (15:00), no cancellation is possible.

Conflict-of-interest disclosure. This guide is published by the WebNotes Editorial Team for informational purposes and is written independently. WebNotes operates a Zerodha account-opening referral programme, disclosed on the pages that carry the referral link; this guide does not carry it and earns no referral commission from the procedure described here.

How to track previous auction trades on Console

Wed, 20 May 2026 00:00:00 +0000

Zerodha Console is the source-of-truth for historical trade data. Auction trades, like all other trades, are recorded in the Tradebook and can be filtered, reviewed, and exported. This guide walks through finding your auction history.

Multiple offers at the same price in an auction

Wed, 20 May 2026 00:00:00 +0000

In a daily NSE / BSE auction session for short-delivery resolution, multiple sellers may offer shares at the same price. Allocation among them follows a specific tie-breaking rule that participants should understand before placing auction orders.

The allocation hierarchy

Auctions are matched on price-then-time priority:

Best price first: The lowest sell offer is matched first against the highest buy bid.
Time priority at same price: Among multiple sellers offering at the same price, the seller who entered the order earliest matches first.
Pro-rata in some segments: For specific auction types (mostly very thin contracts), allocation can be pro-rata.

For NSE equity short-delivery auctions, time priority is the standard rule.

Multiple offers at the same price in auction

Wed, 20 May 2026 00:00:00 +0000

For the detailed framework on how multiple auction offers at the same price are allocated, see Multiple offers at the same price in auction (the canonical article).

Auction on WebNotes

Auction settlement price on Zerodha

Effect on short-deliverer

How to cancel pending or partial auction orders

Quick reference

See also

External references

References

How to cancel pending or partial auction orders on Kite

How to track previous auction trades on Console

Multiple offers at the same price in an auction

The allocation hierarchy

Multiple offers at the same price in auction

Quick summary

See also

External references

References