This IPO Time and Responsibility Schedule details, week by week, the tasks to be performed in the months leading up to the IPO. It lists the activities to be undertaken and the participants assigned to each task.
This IPO Time and Responsibility Schedule details, week by week, the tasks to be performed in the months leading up to the IPO. It lists the activities to be undertaken and the participants assigned to each task.
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Key Takeaways An IPO lock-up is period of days, typically 90 to 180 days, after an IPO during which time shares cannot be sold by company insiders. Lock-up periods typically apply to insiders such as a company's founders, owners, managers, and employees but may also include early investors such as venture capitalists.
Stock exchanges accept IPO applications during the IPO subscription period from 10 am to 5 pm. However, many brokers/banks offer the opportunity to submit IPO applications after p.m., except on the last day of the subscription period.
Orders for an IPO can be placed from AM on the day it opens until PM on the day it closes.
Bidding for IPO shares on the stock exchange is possible from 10 a.m. to 5 p.m., when the IPO is open to the public. However, most banks do not accept IPO bids until 5 p.m. on the last day. The cut-off time for IPO applications varies from bank to bank.