IPO timeline shows key stages from DRHP filing to listing, helping investors track allotment, refunds, and listing dates effectively.
An IPO timeline outlines the sequence of events in the process of a company going public. It begins with the appointment of merchant bankers and legal advisors, followed by the filing of the Draft Red Herring Prospectus (DRHP) with SEBI. After regulatory approvals, the company announces the IPO opening and closing dates.
Investors can apply during this period. Post closure, applications are evaluated, shares are allotted, and refunds (if any) are issued.
Finally, the shares are credited to the investors' Demat accounts and listed on the stock exchange. Understanding the IPO timeline is crucial for investors to stay informed and act at the right stages, ensuring smooth participation and tracking of their investment journey.
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