Xtranet Technologies IPO Day 3: GMP holds at 7%; Check subscription status and other key details

Xtranet Technologies' initial public offering concluded its final bidding day with robust investor interest. The grey market premium indicated expectations for a positive stock market debut. The IPO was subscribed 1.96 times, with retail investors showing strong demand. The company aims to raise Rs 166.8 crore through this entirely fresh issue. Proceeds will fund working capital, debt repayment, and capital expenditure.