On Boarding Process Steps
Process for Company to list its shares
- 01
Company files DRHP/DP with Stock Exchange
- 02
Exchange uploads the DRHP/DP on the website of the Exchange
- 03
Company files application on MYListing portal and attaches relevant documents as per the exchange checklist
- 04
Exchange performs preliminary checks and seeks clarifications, if any
- 05
Exchange issues in-principle approval to the company
- 06
Company opens issue within 12 months post SEBI approval (Main Board)
- 07
One day before issue opening, company submits 1% security deposit to designated stock exchange (DSE)
- 08
One day before issue opening, company allots shares to the anchor investor (if any)
- 09
Issue remains open for minimum 3 days and maximum 10 days
- 10
Issue closes (T Day - working day)
- 11
On T+1 working day, company submits exchange checklist documents
- 12
On T+1 working day, basis of allotment is carried out at DSE
- 13
On T+2 working day company submits the Listing Documents to the Exchange
- 14
On T+2 working day company submit Credit Confirmation from the Depository i.e. dematerialised shares to the allottee’s account & Exchange will issue a circular to the Market for listing of shares with effect from T+3 working day
- 15
On T+3 working day Company gets listed on the Exchange