New Delhi, July 28 -- Xtranet Technologies IPO allotment is set to be finalised on Tuesday, 28 July, after receiving stellar response from investors during the three-day subscription period.

The IPO, which was available for subscription between July 23 and July 27, received a strong response from investors, with an overall subscription of 12.24 times. The issue was led by the Non-Institutional Investor (NII) category, which was subscribed 26.65 times, followed by the retail segment at 8.98 times and Qualified Institutional Buyers (QIBs) at 7.13 times.

The shares of Xtranet Technologies IPO is commanding a premium of Rs.7.5 in the grey market, according to Investorgain. This means that the estimated listing price of Xtranet Technologies ...