What are the timelines for Book Building IPOs in India?

Stock Market IPO Basics
1

The timelines include the bidding process, the allocation period, share allocation, finalization of the shares allocated, and listing them.

2

For any company looking to undergo an IPO, multiple steps and procedures have to be maintained. These are regulatory steps laid down by the SEBI the enable a systematic flow of how an IPO can come into existence and its operations. To learn more about these steps, there are timelines illustrated in the book building of an IPO coming to existence which has been illustrated in detail below.

  1. The first process is the bidding process. These usually last for roughly around 3-7 working days, giving investors and traders enough time to invest money in the IPO.

  2. After which is the finalization of the allotment. It’s a crucial step to allot all the shares to the bidders for the IPO, and it has to be concluded within two weeks of the bidding process’s closure.

  3. Thirdly, once the allocation is finalized, it is then the step to allocate all the shares to the respective investors within 15 days of the allotment’s finalization.

  4. Finally, when all the shares have been allocated, then the IPO shares have to be listed by the issuer company.