Xtranet Technologies IPO allotment likely today; GMP points to modest listing gains
Key Takeaways
- •The Xtranet Technologies IPO was subscribed 12.24 times, driven mainly by non-institutional investors.
- •The issue size was Rs 166.80 crore.
- •The stock is scheduled to list on July 30.
- •The grey market premium is Rs 8, implying a possible listing gain of about 6% over the upper price band of Rs 127.
- •Applicants can check allotment status through KFin Technologies, NSE, or BSE portals.
Xtranet Technologies is expected to finalise its IPO allotment today, with the stock scheduled to list on July 30.
The Rs 166.80 crore issue was subscribed 12.24 times, led by strong demand from non-institutional investors (NIIs). The grey market premium is Rs 8, indicating a possible listing gain of about 6% over the upper issue price of Rs 127, although GMP is not a reliable indicator of listing performance.
For investors who applied, the key step now is checking allotment status across the registrar and exchange portals. Once allotment is finalised, successful applicants will be able to see the number of shares credited to their application, while unsuccessful bids will be marked accordingly before the listing date.
How to check Xtranet Technologies IPO allotment status
1. KFin Technologies (registrar)
Visit the KFin Technologies IPO allotment page:
Select Xtranet Technologies from the drop-down menu.
Enter your PAN, application number, or DP/Client ID.
Click Submit to view your allotment status.
2. NSE
Visit the NSE IPO allotment page:
Select Equity.
Choose Xtranet Technologies from the list.
Enter your application number and PAN to check the status.
3. BSE
Visit the BSE IPO allotment link:
Tick Equity under issue type.
Choose Xtranet Technologies from the drop-down menu.
Enter your application number or PAN.
Complete the captcha verification and click Search to view your allotment details.