
Direct Listing (DPO)
A streamlined path to public markets without the complexities of a traditional IPO.
QUICK Overview
3-6 months
Time horizon
Low
Cost Level
Direct Listing
Market Access
Low
Market risk
medium
Planning team
What is a Direct Listing?
In a direct listing (Direct Public Offering, DPO), existing shares are listed directly on the stock exchange without issuing new shares or conducting a price-finding process (bookbuilding). INSTANT IPO guides companies through the entire direct listing process.
Advantages
No underwriting or subscription phase required
Lower costs compared to traditional IPOs
Faster time-to-market
No dilution of existing shareholders
Market-driven price discovery
Greater transparency in valuation