Private & public company
2 Answer(s)
ANKUR
As per SEBI guidelines, A company has to list its shares with 12 days of closing the subscription (i.e. closure of IPO application process)
Its not the allotment exactly. from allotment it may differ a bit as allotment may be somewhat a few days sooner or later in case of different companies. but every company has to get its shares listed as below within 12 days of closure of IPO Subscription
1. IPO Subscripion closes
2. Share Allotment done
3. IPO gets lIsted
The time frame from 1 to 3 is 12 days.
May 01 2014 07:39 PM
Its not the allotment exactly. from allotment it may differ a bit as allotment may be somewhat a few days sooner or later in case of different companies. but every company has to get its shares listed as below within 12 days of closure of IPO Subscription
1. IPO Subscripion closes
2. Share Allotment done
3. IPO gets lIsted
The time frame from 1 to 3 is 12 days.
Bhupendra Singh
It takes 12 days for a company to get listed in stock exchange after the issue is closed for application. Before may 2010 the time taken was about 22 days though the time taken has been significantly reduced.
May 18 2014 08:28 AM