NSE & BSE Listing Dates for 2024
Table of contents
Process of Listing
The IPO listing is the process where a company’s shares become available for public trading on stock exchanges, marking the final stage of the IPO process.
Steps for Listing:
- Appointment of Merchant Bankers: The issuing company hires one or more merchant bankers (lead managers) to oversee the process.
- Evaluation of Eligibility: The merchant bankers assess the company’s eligibility and ensure it meets listing requirements.
- Approval from Stock Exchanges: The lead managers secure in-principle approval for the IPO from the stock exchanges.
- Preparation of Documents: Merchant bankers prepare and submit the draft offering documents to SEBI and the stock exchanges for approval.
- Hiring of Intermediaries: The merchant bankers engage other necessary intermediaries for the IPO process.
- Publicity Campaign: The company promotes the IPO through public relations and advertising agencies.
- Launch of IPO: Investors begin bidding on the IPO.
- Allotment of Shares: The stock exchanges help complete the share allotment.
- Refund and Credit of Shares: The system initiates refunds and credits shares to the allottees’ demat accounts.
- Listing on Stock Exchange: Finally, the shares list on the chosen stock exchange platform(s) for public trading.
Listing of New IPO
| Company Name | IPO Type | IPO Listing Date |
|---|---|---|
| Garuda Construction and Engineering Oct 08-10 | Mainboard | Oct 15 |
| Shiv Texchem Oct 08-10 | BSE SME | Oct 15 |
| Pranik Logistics Oct 10-14 | NSE SME | Oct 17 |
| Hyundai Motor Oct 15-17 | Mainboard | Oct 22 |
| Lakshya Powertech Oct 16-18 | NSE SME | Oct 23 |
| Freshara Agro Exports Oct 17-21 | NSE SME | Oct 24 |
FAQs
After the SEC approves the IPO, the effective date is set. The day before, the issuing company and the underwriter set the offer price (the price at which the company sells the shares) and determine the exact number of shares to be sold.
1. Determine the company’s share price. This can be found in its financial filings or from a broker.
2. Multiply the share price by the number of shares being offered. This will give you the total value of the IPO.
3. Divide the total value by the number of outstanding shares.
After listing, any stock market investor can buy or sell these shares through a stock broker. IPO listing is the final step in the IPO process. It occurs after allocating and crediting IPO shares to the investor’s demat account. The issuing company decides on which stock exchange to list the IPO shares.
Investing in a pre-IPO requires the help of a broker. Your broker discloses details about pre-IPO companies, including brokerage fees and share prices. If you wish to invest in the pre-IPO, you must send the investment amount to the broker, who will transfer the amount to the company’s account.
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