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As per the Securities and Exchange Board of India (SEBI) regulations, the timeline for IPO allotment and listing is T+3 days, where 'T' is the date the IPO issue closes. The entire process, from the closure of the IPO to its listing on the stock exchange, is streamlined into three working days.
This T+3 timeline benefits both investors (faster access to shares or refunds) and issuers (quicker access to the raised capital), making the IPO process more efficient and transparent.
Below is the timeline of IPO :
|
Activity |
Timeline |
|
Issue Closure |
T day |
|
Approval of basis by the Stock Exchange |
T+1 day |
|
Issuance of fund transfer (debit and unblock) |
T+2 day |
|
Credit of shares to the Demat |
T+2 day |
|
The basis of allotment is published |
T+3 day but not later than T+4 day |
|
Listing on the stock exchange |
T+3 day |