According to market observers, unlisted shares of Net Avenue Technologies were trading Rs 11 higher in the grey market as compared with its issue price.
Net Avenue Technologies IPO, which opened for November 30, has been subscribed over 511.10 times on the last day of its bidding.
Net Avenue Technologies IPO: The company will finalise the basis of allotment of IPO shares by December 7 and the shares will be credited to demat accounts ...
Net Avenue Technologies, an emerging player in the technology sector, opened its Initial Public Offering (IPO) for a total of Rs 10.25 crores.
The IPO allocated 1,896,000 shares for retail investors, 1,080,000 shares for qualified institutional buyers, and 816,000 shares for non-institutional investors ...