Listing day After IPO issued....

#3
it takes 21 days to list (From the day the ipo ended). like HDIL ended on 3rd July and its listing on 24th July.
Also allotment status generally comes in 10 days( please confirm) and its mandatory for the company to refund the money in 15 days from the day of the IPO closing.

and oh beml was an FPO.... so i dont know the rulez that apply to an FPO.. lol
 
#4
hi! i want to know on what basis are shares alloted for IPO. is it first come first serve basis or quota avail to different brokerage houses.
 
#7
Hello! newbie question!
So We are able to purchase from an ipo correct? then the stock closes and open again at a later date? i think i'm way off here, but i've searched and i can't find an answer to this specific question that i'm so confused about.. thanx in advance for all the much needed input! :)
 

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