Recently Closed IPOs

Closed IPOs refer to public issues whose subscription window has concluded. Once the bidding period ends, the process moves into the post-subscription phase, which includes share allotment finalisation, fund unblocking or refunds (where applicable), and preparation for stock exchange listing. During this stage, updates are released by the issuer, registrar, and stock exchanges regarding allotment status and listing schedules.

Closed IPOs are Initial Public Offerings that have completed their subscription period and are no longer open for new applications. After closure, the registrar evaluates valid bids and determines allotment in accordance with regulatory guidelines and investor category quotas, including retail, institutional, and non-institutional segments.

Under SEBI’s current framework, IPOs typically follow a shortened timeline, with listing on recognised stock exchanges generally occurring within three working days (T+3) from the issue closing date, subject to regulatory approvals and procedural completion.

The list below typically features IPOs that have recently closed and are now in the post-subscription phase:

Note: Listing status and final pricing depend on the company’s allocation and stock exchange guidelines.

Final pricing, allotment, and listing outcomes are determined in accordance with regulatory procedures and stock exchange approvals.

Following issue closure, the registrar processes valid applications and finalises share allotment based on demand and category allocation norms. Allotment status is typically made available through:

• The registrar’s official website (such as KFin Technologies or Link Intime)

• Stock exchange portals, including BSE IPO allotment pages

• Brokerage platforms that provide application tracking services
   

Under the current IPO settlement cycle, allotment is generally finalised within one working day after issue closure, with listing typically scheduled by T+3, subject to completion of procedural formalities.

An IPO refund refers to the release of blocked application funds for investors who do not receive share allotment, or who receive partial allotment, after an IPO closes. In India, IPO applications are processed through the ASBA or UPI mechanism, where funds remain blocked in the applicant’s bank account until allotment is finalised. Once the registrar completes allotment, unutilised amounts are automatically unblocked or adjusted under the ASBA/UPI framework, typically before the company’s listing on the stock exchange, subject to banking and reconciliation timelines.

Once an IPO closes, the process transitions to allotment finalisation, fund unblocking where applicable, and stock exchange listing. Information regarding these developments is published by registrars, depositories, and stock exchanges. Recently closed IPO data provides visibility into post-subscription progress and listing outcomes within the regulatory framework governing public issues in India.

This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.