IPO Allotment Date vs Listing Date
The IPO allotment date is the day when shares are allocated to investors after the IPO closes. On this date, investors can check whether they have received shares or not.
The IPO listing date is the day when the shares start trading on the stock exchange. By this time, allotted shares are already credited to the demat account, and refunds or mandate unblocking for non-allottees are completed.
In simple terms, allotment happens first, and listing happens later.
FAQs
Q1. How many days after allotment does IPO listing happen?
IPO listing usually happens 1–2 working days after allotment.
Q2. Can I sell shares on the allotment date?
No. Shares can be sold only on the listing date.
Q3. When do refunds happen—on allotment or listing date?
Refunds or mandate unblocking generally start after allotment and before listing.
Q4. Do shares appear in demat before listing?
Yes. Shares are credited to the demat account before the listing date.