How many days an IPO issue is open?
As per Clause 8.8.1, of SEBI’s (Regulator of IPO) subscription list for public issues shall be kept open for at least 3 working days and not more than 10 working days. In case of book built issues, the minimum and maximum period for which bidding will be open is 3-7 working days extendable by 3 days in case of a revision in the price band.
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