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How long does an IPO process take?

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The IPO process is lengthy, costly and time-consuming. The IPO process for mainboard companies takes between 6 to 12 months and depends on several factors. The IPO process for small and medium-sized enterprises (SMEs) takes 3-4 months.

The issuer intends to open the issue within 12 months of obtaining SEBI approval in the case of a mainboard issue and stock exchange approval in the case of an SME issue.

IPO Process Tentative Timelines

Platform Duration

Mainboard IPO

6 to 12 months

SME IPO

3 to 4 months.


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