What is IPO listing date?

The IPO listing date is the date on which the IPO shares are admitted on the exchange for public to trade them.

The IPO Listing Date is *six business days after the IPO Closing Date. For example, if an IPO closes on April 6, 2023, the listing date is April 18, 2023 (considering weekends, April 7 and April 14 as holidays).

For IPO investors who apply in an IPO for listing day gain or sell their IPO application in grey market, the IPO listing date is an important date.

The exchanges conduct a special one-hour trading session, called the pre-open session, to allow for better pricing of IPO shares. This session begins at 9 a.m. and ends at 10 a.m. on the day of listing.

*Note: It is mandatory for all public issues opening on or after 1st December 2023 to reduce the listing timeline to three business days of issue closure. The issues opening on or after 1st September 2023 have an voluntary option in reference to timeline reduction.