Bid/Offer Opening Date
Bid/Offer Opening Date is the first day when investors can apply for an IPO.
This is the day when an IPO becomes available for the public to start applying.
Key points:
Marks the beginning of the IPO application period
Investors can submit bids from this date
Usually starts during market hours
It gives investors time to review the IPO details and decide whether to invest.
Example:
If an IPO opens on March 12, investors can start applying from that day until the closing date.