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Net Avenue Technologies IPO Details

IPO Date: November 30, 2023
Listing Date: [.]
Face Value: ₹1 per share
Price: ₹16 to ₹18 per share
Lot Size: 8000 Shares
Total Issue Size: aggregating up to ₹10.25 Cr
Fresh Issue: aggregating up to ₹10.25 Cr
Issue Type: Book Built Issue IPO
Listing At: NSE SME
Share holding pre issue: aggregating up to ₹15,758,078 Cr
Share holding post issue: aggregating up to ₹21,454,078 Cr
Market Maker portion: aggregating up to ₹288,000 shares

Net Avenue Technologies IPO Timeline (Tentative Schedule)

Net Avenue Technologies IPO opens on November 30, 2023, and closes on December 4, 2023.

IPO Open Date: Thursday, November 30, 2023
IPO Close Date: Monday, December 4, 2023
Basis of Allotment Date: Thursday, December 7, 2023
Initiation of Refunds: Friday, December 8, 2023
Credit of Shares to Demat Account: Monday, December 11, 2023
Listing Date: Tuesday, December 12, 2023
Cut-off time for UPI mandate confirmation: 5 PM on December 4, 2023

Net Avenue Technologies IPO Promoter Holding

Mr. Rajesh Nahar and Mr. Ritesh Katariya are the promoters of the company.

Share Holding Pre Issue: 45.31%
Share Holding Post Issue: 33.28%

Net Avenue Technologies IPO Anchor Investors Details

Bid Date Shares Offered Anchor Portion Size (In Cr.) Anchor lock-in period end date for 50% shares (30 Days) Anchor lock-in period end date for remaining shares (90 Days)
November 29, 2023 1,616,000 2.91 January 19, 2024 April 12, 2024