Bid/Offer Closing Date

This is the final day when investors can submit their IPO applications. After this date, no new applications are accepted.

Key points:

Investors must apply before the deadline (usually till 5 PM)

After closing, the process moves to allotment

Missing this date means you cannot participate in that IPO

Example:

If an IPO closes on March 14, you must apply before that date. After March 14, no applications will be accepted.