Recently Closed IPOs

Closed IPO is when the initial public offering (IPO) of a company closes and is no longer open for application. The company's underwriters allot shares to successful bidders and refund money to unsuccessful bidders. The company is then listed on stock exchanges like ‘NSE’ and ‘BSE’. Once it is listed, it is open for investors to trade in the market.

Once the IPO is closed, the final price at which the shares will be issued is determined after assessing the demand. IPO shares are issued to successful bidders. The stock is then listed on the stock exchange where trading for its shares begins.

No, you cannot invest in an IPO once it closes. The subscription for an IPO is limited and can only be issued during the allotment period of the IPO. However, once the IPO closes it is listed on the stock exchange. You can invest in them as shares will be available for trading in the open market.

To track the performance of an IPO you can visit the registrar’s website, check stock exchanges websites like NSE or BSE or look at broking apps like INDmoney. From here you can check the following details:

• Trading volume
• Market sentiment
• Stock price movement
• Sector performance

You can sell your IPO shares once it is listed on the stock exchange. Usually, the shares of a company are listed within T+3 days of the IPO closing date. However, you must note there are a few circumstances under which selling these shares may be impacted, this includes:

1. Market volatility: Say, the stock gets listed, but the price is fluctuating. In this case, you can hold off selling these shares until the market sentiment is more stable.

2. Market’s closed: The ability to sell your shares also depends on market conditions. If you want to sell immediately after listing, the market must be open, and you can place a sell order on your trading platform.