Net Avenue Technologies IPO Subscription Details

Bookbuilding IPO | ₹10 Cr | Listed at NSE SME | Thu, Nov 30, 2023 - Mon, Dec 4, 2023

Basis of Allotment - Net Avenue Technologies IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)10,80,00016,16,00026,96,0008,16,00018,96,00054,08,000
Allotment price (Rs.)181818181818
No.of applications2823012,7431,66,9451,79,718
No.of shares applied6,41,76,00022,24,0006,64,00,00050,60,32,0001,33,55,60,0001,90,79,92,000
Amount collected (Rs.cr.)115.52 4.00 119.52 910.86 2,404.01 3,434.39
No.of times subscribed59.421.3824.63620.14704.41352.81
No.of shares allotted10,80,00016,16,00026,96,0008,16,00018,96,00054,08,000
Amount (Rs.cr.)1.94 2.91 4.85 1.47 3.41 9.73
No.of allottees28230102237369

IPO Shares Offered

Net Avenue Technologies IPO is a public issue of 0.54 Cr equity shares. The issue offers 0.19 Cr shares to retail investors, 0.27 Cr shares to qualified institutional buyers, and 0.08 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,88,0000.52 5.06%
QIB 26,96,0004.85 47.33%
    Anchor 16,16,000 2.91 28.37%
    QIB (Ex Anchor) 10,80,000 1.94 18.96%
NII* 8,16,0001.47 14.33%
Retail18,96,0003.41 33.29%
Total56,96,00010.25 100%

Net Avenue Technologies IPO Anchor Investor Allocation

A total of 16,16,000 shares at a price of Rs 18 per share will be allotted to the anchor investors.

Anchor investors bid opening dateNov 29, 2023
Anchor investor price₹18.00
Anchor investors as % of QIBs59.94%
No. of shares locked-in for 30 days8,08,000
No. of shares locked-in for 90 days8,08,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 CHHATTISGARH INVESTMENTS LTD. CHHATTISGARH INVESTMENTS 6,40,000 1.15 39.60 11.24
2 CHANAKYA OPPORTUNITIES FUND CHANAKYA 9,76,000 1.76 60.40 17.13
16,16,0002.9110028.37

IPO Subscription FAQs

The Net Avenue Technologies IPO is subscribed 511.21 times by Dec 04, 2023 19:29.

Net Avenue Technologies IPO Subscription

Investor Category Subscription (times)
Qualified Institutional61.99
Non Institutional616.25
Retail Individual721.89
Total Subscription511.21

Retail category of Net Avenue Technologies IPO subscribed 721.89 times as of date Dec 04, 2023 19:29. The public issue closes on Mon, Dec 4, 2023 for bidding.

An investor can apply in Net Avenue Technologies IPO online via bank (using ASBA) or the broker (using UPI). The Net Avenue Technologies IPO shares are offered online only.

The Net Avenue Technologies IPO is subscribed 511.21 times by Dec 04, 2023 19:29.

The Net Avenue Technologies IPO allotment status is expected on or around Thursday, December 7, 2023. Visit Net Avenue Technologies IPO allotment status to check.

The Net Avenue Technologies IPO listing date is December 8, 2023. The equity share of Net Avenue Technologies IPO will list on NSE SME.

Visit Net Avenue Technologies IPO subscription status page for real-time bidding information about Net Avenue Technologies IPO.

Net Avenue Technologies IPO Timetable

IPO opens OnThursday, November 30, 2023
IPO Closes OnMonday, December 4, 2023
Finalisation of Basis of AllotmentThursday, December 7, 2023
Initiation of RefundsFriday, December 8, 2023
Credit of Shares to Demat AccountMonday, December 11, 2023
IPO Listing DateFriday, December 8, 2023
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