·        The IPOs lists at 9:00 a.m. on the listing day.

·        Stock exchanges hold a special Pre-Open Trading Session for the first 60 minutes to facilitate better price discovery.

·        At 10:00 a.m., regular trading in IPO shares begins.

·        The Pre-Open session allows market participants to place orders and determine the opening price of the IPO shares. 

Regular trading enables investors to buy and sell IPO shares like other listed stocks on the exchange. This structured approach helps ensure a smooth and orderly listing process for the IPO.