Timeline for Listings 

 

  • Application to QSE to admit Shares submitted simultaneously with issue and listing application (1)
     
    40 Business Days (2)

    Application to QFMA to Issue and List Shares (1)

  •  
    Variable

    QFMA Approval

  •  
    1 Week (at least) (3)

    Announce Offering

  •  
    2-6 Weeks (4)

    Start of Subscription

  •  
    1 Week (5)

    End of Subscription

  •  
     

    Allotment

  • Completion of admission application at QSE
     
    1 Week (6)

    Announcement of Allotment (within 2 days from completion).

    QFMA review allotment results and send Listing approval to QSE within one week.

  • QSE Approval to admit shares. Market notice issue regarding trading date.
     
    1 Week

    Refunding

  • Start of Trading
     
     

     

  •  

Legal References

(1) Article 39 Para A & D of QFMA Listing Rules

(2) Article 40 of QFMA Listing Rules

(3) Article 77 of Commercial Companies Law

(4) Article 8 of QFMA Listing Rules

(5) Article 9 Para A of QFMA Listing Rules

(6) Article 9 Para B of QFMA Listing Rules