Net Avenue Technologies IPO Allotment Status Declared: Check GMP, Listing Date, and More

The allotment status for Net Avenue Technologies IPO has been finalized, and investors can now verify their status on the registrar portal provided by Bigshare Services Pvt Ltd. Investors can determine the quantity of shares allocated to them by referring to the basis of allotment, which provides information about the number of shares assigned. In case of non-allotment, the company will initiate the refund process for the concerned applicants, while those allocated shares will find them credited to their demat accounts.

Net Avenue Technologies IPO is set to list on NSE SME, with a tentative listing date scheduled for Tuesday, December 12, 2023.

To check the Net Avenue Technologies allotment status, applicants can visit the IPO registrar’s website, Bigshare Services Pvt Ltd.

Steps to Check Allotment Status:

Step 1: Login at the direct Bigshare link – Net Avenue Technologies Allotment Link

Step 2: Select “Net Avenue Technologies” in the company name section.

Step 3: Choose ‘Application No/CAF No or Beneficiary ID or PAN Number.

Step 4: Click on ‘Search.’

The Net Avenue Technologies IPO allotment details will be displayed on the screen.

Additionally, investors can check the allotment status on BSE using the following steps:

Step 1: Visit the BSE link directly – BSE IPO Allotment Check

Step 2: Choose ‘Net Avenue Technologies IPO.’

Step 3: Enter the application number or PAN details.

Step 4: Select the “I’m not a robot” button and click “Submit.”

As for the Grey Market Premium (GMP), Net Avenue Technologies IPO GMP today is +18, indicating a premium of ₹18 in the grey market. This suggests that the IPO is trading at a premium, and the estimated listing price is indicated at ₹36 per share, which is 100% higher than the IPO price of ₹18. The ‘Grey Market Premium’ reflects investors’ willingness to pay more than the issue price.