SMEClosed

Net Avenue Technologies Limited IPO Subscription Status

📅Offer Date: 30 Nov 2023 – 04 Dec 2023

Minimum investment
₹1,44,0008000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total511.18x
QIB0.00x
NII0.00x
Retail721.68x

Net Avenue Technologies Limited IPO was subscribed 511.18x in total when bidding closed on 04 Dec 2023, with 0.00x in the QIB category, 0.00x in NII, 721.68x in retail. The issue ran from 30 Nov 2023 to 04 Dec 2023 at a price band of ₹16.00–₹18.00 per share.

QIB0.00xNII0.00xRetail721.68xTotal511.18x1×

Times subscribed by category against the 1× line.

722
≈ 1 in 722 retail allotment
low allotment chance

Based on retail subscription (721.68x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail18,96,0001,36,83,05,280721.68x
Total37,92,0001,93,83,94,560511.18x
QIB / NII10,80,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail3.412462.95721.68x
QIB / NII1.94—0.00x
Total5.362462.95511.18x

Values derived from share count × issue price (₹18.00)

What this means for allotment & listing

Because Net Avenue Technologies Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Net Avenue Technologies Limited IPO subscription FAQs