What is the listing of ipo and how the listing done ?

In IPO listing, the securities of the company are listed in recognised stock exchanges for trading. After listing, investors can trade the company's shares. For a successful listing, the company has to go through a process.

• An issuer appoints a Lead Manager.
• Work with LM for due diligence certificate.
• Apply to SEBI with the registration statement.
• Get approval/disapproval from SEBI to initiate IPO.
• If SEBI approves, it prepares listing documents including DRHP with the help of LM.
• Appoints registrars, banks, institutions and other intermediaries.
• Do marketing of IPO through advertisements.
• Decide the price per share either through fixed price or book building mode.
• The application window opens generally for few days for subscription and closes on the predetermined date.
• After the window closes for subscription, the registrar of the public issue allots shares to the investors.

On the listing date, the shares are available at stock exchanges for trading.