Story thread · 8 reports / 2 sources

Xtranet Technologies shares list at 7% premium over IPO price on NSE

economictimes.indiatimes.com · 12dShare

Xtranet Technologies shares made their D-Street debut on Thursday, listing at a premium of up to 7% over the IPO price on the NSE and BSE. The stock opened at Rs 136 on the NSE, a 7.08% premium to the issue price of Rs 127. On the BSE, it listed at Rs 130.10, up 2.44%.The debut fell short of grey market expectations, which had indicated a double-digit listing premium. Ahead of the listing, Xtranet Technologies was commanding a grey market premium (GMP) of around 11%, implying a listing price of about Rs 142 per share, or an estimated gain of nearly 11% over the issue price.The IPO, which was open for subscription between July 23 and July 27, received a strong response from investors across categories, with the issue closing 12.24 times subscribed.The Non-Institutional Investor (NII) segment emerged as the biggest contributor, subscribing 26.65 times its allotted quota. The Retail Individual Investors (RIIs) portion was subscribed 8.98 times, while the Qualified Institutional Buyers (QI

First report: Indo-MIM IPO closes with over 72x subscription on Day 3, QIB portion booked 204x; GMP at 39% — economictimes.indiatimes.com, 15d