Upcoming IPO: Xtranet Technologies IPO to hit Dalal Street on 23 July. GMP hints 20% listing pop. Should you buy?
New Delhi, July 21 -- Xtranet Technologies IPO is set to hit the primary market next week, adding to the busy mainboard IPO calendar. The Xtranet Technologies IPO date is scheduled from 23 July to 27 July, with the company fixing the Xtranet Technologies IPO price band at Rs.120-127 per equity share. The shares are proposed to be listed on both the BSE and NSE, with a tentative listing date of 30 July.
The Xtranet Technologies IPO is a completely fresh issue of 1.31 crore equity shares, aggregating Rs.166.8 crore, with no offer for sale (OFS) component. As the issue consists entirely of fresh shares, the net proceeds will accrue to the company. The basis of allotment is expected to be finalised on 28 July, while refunds and credit of sha...
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