How many days is an IPO open for bidding?
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Although there is no fixed period for this, there is a time frame for an IPO to be open for public bidding. SEBI rules state that this period needs to be a minimum of three working days and a maximum of ten. The company issuing the IPO can decide on any number within this range. In exceptional cases, such as a price band revision, the period may be extended as long as it stays within the cap of ten working days.