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IPO INVESTING |
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Listing & Trading
Number of Days for a
Company to get its
Securities Listed
after the Issue
The post-issue lead
manager ensures that
all steps for
completion of the
necessary
formalities for
listing and
commencement of
trading at all stock
exchanges where the
securities are to be
listed are taken
within 7 working
days of finalisation
of basis of
allotment.
With effect from May 1, 2010 the time between public issue closure and listing has been reduced to 12 days from existing of up to 22 days.
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