IPO Website from Winspire

What happens on IPO listing day?

On listing day, the allotted shares begin trading on the relevant stock exchange. The market price can open above, near or below the issue price and can continue moving after trading starts. A strong listing is a market outcome; it does not by itself prove that the underlying business is strong.

Can an IPO list below its issue price?

Yes. An IPO can list below its issue price and can also fall below the issue price later. Market prices respond to demand, valuation, broader market conditions and new information. IPO returns are not guaranteed.