As per the SEBI circular, all IPOs must be listed on exchanges within T+3 days of the IPO closing date, effective from 1st December 2023.
The table below compares the timeline for an IPO to list:
| Steps | Before December 1st | After December 1st |
| The IPO window closes | 5 PM Monday | 5 PM Monday |
| The allotment is finalised | Thursday | 9 PM Tuesday |
| Blocked amount released | Friday | 4 PM Wednesday |
| Credit of shares to demat account | Next Monday | 6 PM Wednesday |
| Listing | 10 AM next Tuesday | 10 AM Thursday |