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The Economic Times
The Economic Times
Ritesh Presswala

Xtranet Technologies IPO allotment likely today; GMP signals modest listing gains. Here's how to check status

Xtranet Technologies IPO Grey Market Premium BSE KFin Technologies NSE

Xtranet Technologies is expected to finalise its IPO allotment on Tuesday, with investors who subscribed to the Rs 166.80 crore issue set to find out whether they have been allotted shares. The stock is scheduled to debut on the BSE and NSE on July 30.

Grey market sentiment remains positive ahead of the listing. The latest Grey Market Premium (GMP) stands at around Rs 8 per share, implying a listing price of about Rs 135, around 6% above the IPO's upper issue price of Rs 127. While the GMP reflects unofficial market sentiment, it is not a reliable indicator of the stock's actual listing-day performance.

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