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What are the trading hours for a stock on the listing day after its IPO?

On the day a stock is listed following an IPO, it begins trading on the exchanges at 10:00 AM and continues until 3:30 PM. However, there is a pre-open session between 9:00 AM and 10:00 AM, during which the following activities take place:

Timings Activity
9:00 AM to 9:35 AM Only limit orders for new listings (IPOs) and re-listed instruments can be placed, modified, or cancelled.
9:35 AM to 9:45 AM Only limit orders can be placed, modified, or cancelled. However, the system will randomly close all pending orders between 9:35 AM and 9:45 AM.
9:45 AM to 9:55 AM The exchange matches the orders to determine the opening price of the stock.
9:55 AM to 10:00 AM Buffer period to ensure a smooth transition into the normal trading session. During this time, orders cannot be placed, modified, or cancelled.
10:00 AM to 3:30 PM Normal trading hours. Orders can be placed, modified, or cancelled.

For more information about normal trading hours, visit the stock market timing page.