Xtranet Technologies IPO subscribed 1.4x on Day 2 so far, GMP signals 6% listing gains. Check details

Xtranet Technologies IPO was subscribed 1.4 times on Day 2, with the retail portion booked 1.76 times and QIBs at 91 percent subscription. The Rs 167 crore fresh issue is priced at Rs 120-127 per share, with bidding open from July 23 to July 27 and listing expected on July 30. Grey market premium has moderated to around 6 percent from 20 percent earlier in the week.