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The Economic Times
The Economic Times
Business
Ritesh Presswala

Xtranet Technologies IPO Day 3: GMP holds at 7%; Check subscription status and other key details

Xtranet Technologies IPO GMP Stock Market

The initial public offering (IPO) of Xtranet Technologies entered its final day of bidding on July 27, drawing healthy investor interest. The grey market premium (GMP) stood at around 7% over the upper price band of Rs 127, signalling expectations of a positive stock market debut if the current sentiment continues.

By the end of the second day of bidding, the IPO was subscribed 1.96 times against the 91.93 lakh shares on offer. The Retail Individual Investors (RIIs) category witnessed robust demand, with subscriptions reaching 2.50 times.

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