This IPO Gained 133% on Listing Day!

Net Avenue Technologies stuns NSE SME with a 133.3% higher listing at ₹42. A strong start for this IPO sensation.

Source: Mint

IPO Bidding Blitz

Bidding frenzy from Nov 30 to Dec 4 for Net Avenue Technologies. Allotment finalized on Dec 7, marking an exciting IPO journey.

Source: Mint

Grey Market Premium

Grey market premium at +24 signifies investor eagerness. Net Avenue Technologies shares trade at a ₹24 premium, indicating strong demand.

Source: Mint

Stellar Listing Price

Estimated listing at ₹42, a whopping 133% surge from the IPO price. The grey market's enthusiasm propels Net Avenue Technologies.

Source: Mint

IPO Overview

Net Avenue Technologies’ ₹10.25 crore IPO is an entirely fresh issue. 56.96 lakh shares, a minimum lot size of 8000 shares. A retail investment minimum of ₹144,000.

Source: Mint

Company Snapshot

Net Avenue Technologies, born in 1998, is a digital-to-consumer force in Indian Ethnic wear. Revenue was up by 5.34%, PAT was down by -32.55% in the fiscal year ending Mar 31, 2022.