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The date on which shares officially quoted on the designated stock exchange for the trade
The date on which IPO shares starts traded on the stock exchanges (Bombay Stock Exchange, National Stock exchange) is called Listing Date.
After an IPO comes to a close and shares are allotted, the company’s shares are officially listed on the stock market. The day shares open for trading on the markets is called the listing date. This date is important as investors who missed out on the IPO can finally buy it on the stock market. Further, investors who were allotted shares in the IPO may look to make listing gains by selling their shares.
The Lead managers and registrar make sure that the allotment of shares is done in a proper and transparent manner and shares gets credited in allottee's demat account before it gets listed on stock exchanges. This will help investors to buy or sell the shares of the company in the secondary market on listing day itself.
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