Chapter 3 of 71 min read

Understanding IPO Key Dates

Know what each IPO date means — opening, closing, balloting, allotment, and listing — and how they affect your application.

Published 2026-06-26

Understanding IPO Key Dates

Every IPO on Bursa Malaysia follows a timeline of key dates. Below is an interactive demonstration of the typical IPO lifecycle. Click on any milestone to explore what it means, what action you need to take, and inside tips:

Interactive Timeline Walkthrough

Select a milestone to see what happens and what to do.

Step 1 of 5
Click any milestone above to view details
Step 1 of 5 · Opening

Opening Date

The IPO is officially launched. The company publishes its full prospectus containing the share price, company financials, Shariah status, and what the raised money will be used for. Retail applications start today.

What you should do
Check the details on ipotracker.my, read the prospectus or research reports, and decide how much capital you want to invest.
Tips

You can apply online via your bank’s eIPO portal (like Maybank2u, Public Bank, Alliance) or your stockbroker’s online platform.

On every IPO detail page on our tracker, you will see a similar visual timeline showing where the IPO currently stands in its lifecycle—from Upcoming all the way to Listed. This gives you an at-a-glance status update on your investments.

Tip: Filter by "Application Open" on the main tracker page to see only IPOs you can currently apply for.