What are the timelines for Book Building IPOs in India?

As per SEBI, the regulator of stock markets in India, the companies coming up with IPOs should follow the strict timelines in India. As there are multiple parties and steps involved in IPO process, SEBI has well defined rules for time taken by each of these steps. Following are the timelines declared by SEBI for Book Building IPO’s in India: Bidding Process (Minimum / Maximum): 3 – 7 Working Days Basis of allotment is finalized by lead manager: within 2 weeks from the date of closure of the issue. Share allocation in Demat Account by the registrar: within 15 days from the date of closure of the issue. Listing of IPO Shares by the issuer company: within 7 days from the finalization of the issue