What is IPO Listing Time?

IPO listing starts at 9 AM on the listing day. A special pre-open trading session runs from 9:00 AM to 10:00 AM, followed by regular trading from 10 AM onward.
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IPO Listing Time
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11-June-2025

IPO listing begins at 9 a.m. with a ceremony. A special pre-open session runs from 9 to 10 a.m. for trading IPO shares, and regular trading starts at 10 a.m. By investing in an IPO, you can buy shares when a company goes public and potentially earn profits as it grows.

While the share market opens at 9:15 a.m. on working days, the listing hours for a stock on its listing day are different. Additionally, as various factors are involved in the listing of an IPO, the timings of an IPO listing are split into several segments. These segments are highlighted below.

Session

Time

Action

Order entry period

9.00 a.m. - 9:45 a.m. (approximately)

Orders for new listings (IPO) and re-listed instruments can be entered, modified, or cancelled.

Order matching & confirmation period

9:45 a.m. - 9.55 a.m.

Order placement, modification, or cancellation will be stopped.

Opening price will be determined; order matching and confirmation.

Buffer period

9:55 a.m. - 10:00 a.m.

Facilitates the transition from pre-open to normal market.

Normal trading for IPOs (new listing) and re-listed scrips

10:00 a.m. - 10:30 a.m.

The exchange will move all unmatched market orders to the continuous session at the opening price.
  • Between 9:00 a.m. and 9:45 a.m., a stock’s opening price is determined through price matching and the stock’s demand. Order cancellation and modification happen during this period, and it is known as the IPO pre-open time.
  • Between 9:45 a.m. and 9:55 a.m., the IPO listing’s pre-market session closes, and modifications and cancellations are no longer possible.
  • Between 9:55 a.m. and 10:00 a.m., the shift from the call auction in the pre-open session to the continuous trading session takes place and is considered a buffer period.
  • Between 10:00 a.m. and 3:30 p.m., the normal trading session resumes, and shares are bought and sold in the secondary market.

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IPO listing date

The IPO listing date refers to the day when a company's shares are initially available for trading on a recognised stock exchange. This marks the debut of the company's shares in the public market, enabling investors to buy or sell them. The tentative IPO listing date is set for six business days following the IPO's closing date. However, please note that the company may revise this date and announce the final listing date through a notice published on the exchange's website.

Important note: Effective December 1, 2023, the listing timeline for all public issues will be shortened to three working days after the issue closure.

IPO listing process in India

The IPO listing process in India involves several steps to transition a privately held company into a publicly traded one. Here's a detailed overview:

1. Preparation phase

  • The company decides to go public and appoints investment banks as underwriters.
  • Conducts extensive due diligence, including financial audits and legal compliance checks.

2. DRHP filing

3. Select the stock exchange

  • Decide on the exchange for listing shares and apply to the selected exchange.

4. Roadshow

  • Conduct a roadshow with underwriters to promote the IPO to potential investors.

5. Pricing

  • Determine the offering price based on investor demand and market conditions.
  • Issue the final prospectus, known as the Red Herring Prospectus (RHP), with the offer price range.

6. Allocation

  • Allocate shares to various investor categories, including Qualified Institutional Buyers (QIBs), Non-Institutional Investors, and Retail Individual Investors.
  • Bidders apply for shares within the specified price range.

7. Listing

  • List the company's shares on stock exchanges like NSE and BSE.

8. Trading commences

  • Shares become available for trading in the secondary market on the IPO day.
  • Investors can buy and sell shares at market prices.

9. Lock-up period

  • Promoters and certain shareholders are subject to lock-up periods, during which they cannot sell their shares.

10. Post-IPO reporting

  • Provide regular financial and operational updates to stock exchanges and investors.

11. Stabilisation period

  • Underwriters may engage in stabilising activities to support the stock's price during the early trading period.

The IPO process in India ensures regulatory compliance and investor scrutiny to maintain transparency and fairness in the capital markets.

IPO listing price

The IPO listing price is the initial price at which a company's shares are offered to the public for trading on a stock exchange during its initial public offering (IPO). This price is determined through the IPO pricing process, which considers factors such as market demand, company valuation, investor appetite, and prevailing market conditions. The IPO listing price plays a crucial role in attracting investors and determining the company's market capitalisation upon listing.

Can I sell IPO on listing day?

After knowing the IPO opening time, you should know the IPO listing day’s trading rules. Can you sell IPO shares on the listing day? The answer is yes. Investors often opt for IPOs to capitalise on listing gains. However, to make prudent decisions, you must understand the IPO process and strategise when and how to sell the IPO shares.

As per the experts and market researchers, it is better to sell your shares on the listing day than exit the market at a later date. According to market research, nearly 50% of the IPOs’ listing day prices are more than their year-end prices. Thus, the profit you can make on the listing day is considerably more than what you can make at the end of the year. Additionally, it is suggested that after an IPO gets listed, the prices usually drop as a result of market trends and sentiments, which can influence the shares. Furthermore, you can minimise the loss by exiting the market on the listing day.

Let us now look at how you can sell IPO shares on the listing day.

How to sell IPO on listing day?

Once the IPO gets listed on the stock exchanges, you can begin trading in the IPO shares. As already mentioned, the IPO trading time starts at 10:00 a.m. on the listing day for the specific IPO stock. After receiving your allotted shares, selling your shares is very similar to selling other securities. This process is outlined below.

  • Visit your preferred stockbroker’s trading platform (you must have an active Demat account with the stockbroker)
  • Navigate to the holdings section and choose the shares you want to sell
  • Next, you must choose the quantity and price and select the ‘Sell’ option
  • The listing price must be equal to or less than the selling price for the order to be executed in the market.

Alternatively, you can only sell a part of the shares on the listing day and sell the remaining shares at a later date. In addition to the allotted shares, it is also possible for you to purchase and sell shares directly from the secondary market.

IPO issue price and listing price

The IPO issue price refers to the price at which a company initially offers its shares to investors during the IPO subscription period. It is the price at which investors purchase shares directly from the company. The issue price is determined based on various factors such as company valuation, market demand, and the advice of underwriters.

On the other hand, the IPO listing price is the price at which the shares of the company begin trading on the stock exchange after the IPO subscription period ends. It is the price at which investors can buy and sell shares in the secondary market. The listing price is determined through market mechanisms such as price discovery during the pre-open session on the listing day, based on investor demand and supply.

In summary, the IPO issue price is set by the company during the IPO process, while the IPO listing price is determined by market forces when the shares are listed for trading on the stock exchange.

Conclusion

The listing time of IPOs is different from the normal trading session. On the day the company is listed on the stock market, you can only start trading after 10:00 a.m., and the session lasts until 3:30 p.m. You can sell your IPO shares on the listing day and enjoy significant profits, but you will have to trade between this five-and-a-half-hour period.

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Frequently asked questions

What time do IPOs start trading?

In India, IPOs typically start trading on the stock exchange (NSE/BSE) at 10:00 AM on the day of their listing.

Here’s how it works:

  • Listing day trading starts at 10:00 AM, not at the regular market opening of 9:15 AM.
  • The stock is available for pre-open session between 9:00 AM and 9:45 AM, during which price discovery happens based on demand and supply.'
  • Final listing price is determined around 9:45–10:00 AM, and live trading begins from 10:00 AM.
What is the time to fill IPO?

Investors can submit their bids for an IPO during the specified bidding period, which generally lasts for a few days. Bids can be placed online through their respective bank's net banking or UPI account.

At what time is IPO listed?

IPOs are usually listed on the stock exchanges in India at around 9:00 AM on the scheduled listing day.

Can I buy and sell IPO stock on listing day?

Yes, you can typically buy and sell IPO stocks on the listing day. However, the exact timing may vary depending on the exchange and the specific IPO. It's advisable to check the listing schedule for the particular IPO to know the exact time when trading will begin.

When can we sell IPO shares on listing day?

IPO shares usually start trading on the listing day at a specific time, which is typically announced in advance. The exact timing can vary depending on the exchange and the IPO itself. It's important to consult the listing schedule for the IPO to determine the precise time when you can start selling your shares.

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