What are the Key IPO Dates in the Listing Process?

Key dates in IPO listing process, from rollout to listing

Key IPO dates

DateDescription
Bid/Offer Open DateThe date from which public shareholders (Retail, HNI, FII, QIBs) can start applying for the IPO
Bid/Offer Closes DateLast date for the public shareholders to submit their bids for the IPO
Finalization of Basis of AllotmentThe date on which the registrar finalizes the process for share allotment (Read: How shares are allotted?). Shareholders can check their allotment status on this day or a day after this at the registrar’s website or at BSE
Initiation of RefundsThe date from which funds, either complete or partial, will be refunded to the shareholders, in case shares are not allotted or partially allotted to him/her
Credit of Shares to Demat AccountThe date on which allotted shares will be credited to the shareholder’s Demat account
NSE/ BSE Listing DateThe date on which allotted shares will be listed on the stock exchanges and can be publicly traded for the first time. Listing on the bourses usually happens at 10.00 AM on the listing date

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