Expert: Paul Henneman - 3/10/2004

Question
Hey, thanks for ur answer, but this is not what i meant! i meant that for example Bank of Maharashtra's IPO Bid closed on 4th of March.. Now after how many days will it appear for trading in Market?
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Followup To
Question -
After how many days of close of IPO, a stock opens in the market?
Answer -
Kanika,
Thank you for your question!
An IPO (Initial Public Offering) is a corporations initial sale of stock to the public. The day the company goes public (IPO Date) is the day that the general public can purchase stock in that company. Stock will already be held by other parties that had invested in the company prior to going public such as venture capitalists, wealthy individuals, and executives of the company. But, investors can rarely participate in this pre-IPO activity and must wait for the public trading of the stock.
I hope that answers your question! Please do not hesitate to follow up with me if I can be of any additional service,

Sincerely,
Paul Henneman
President
ValuEngine, Inc.
www.ValuEngine.com  

Answer
I apologize for getting your question wrong! I am honestly not sure of how long it takes for a company after IP0 close before it begins trading. I believe that this can vary according to how the IPO was structured, but honestly do not have much more information to offer on that.
I do suggest that investing in IPO's is very risky. Just be sure to do your homework!

Sincerely,
Paul Henneman
President
ValuEngine, Inc.
www.ValuEngine.com