How long does it take to get listed on NSE or BSE?

The process of listing a company on the National Stock Exchange (NSE) or Bombay Stock Exchange (BSE) typically takes around 8 to 12 weeks. However, the exact time frame depends on regulatory approvals, documentation, and meeting eligibility criteria.

1. Pre-Listing Preparation (2-4 Weeks)

Companies must prepare financial records, meet eligibility criteria, and appoint advisors such as investment bankers and legal consultants.

• Financial audits: Ensuring compliance with SEBI norms.
• Board approvals: The company’s board must approve the listing process.
• Appointment of underwriters: They assist in the IPO or direct listing process.

2. SEBI and Stock Exchange Approval (4-6 Weeks)

The company submits a listing application along with necessary financial and legal documents.

• Draft Red Herring Prospectus (DRHP): Submitted to SEBI for review.
• Regulatory review: SEBI and the stock exchange review the application.
• Approval process: Once approved, the company can proceed with the public offering.

3. IPO and Share Allotment (2-3 Weeks)

After approval, the company launches its IPO, inviting investors to subscribe.

• Price band announcement: The company sets the IPO price range.
• Public subscription: Investors subscribe to shares.
• Share allotment: After the IPO, shares are allotted and credited to investors' accounts.

4. Listing on NSE/BSE (1 Week)

Once the IPO is complete, the company's shares are listed on the stock exchange.

• Stock exchange approval: The final listing approval is received.
• Trading begins: The company starts trading publicly on NSE/BSE.
• Market reaction: Share prices may fluctuate based on investor demand.

5. Conclusion

The listing process typically takes 8-12 weeks, depending on regulatory approvals and market conditions. Companies must prepare well in advance to meet SEBI and exchange requirements.