Net Avenue Technologies IPO — Listing Performance
Net Avenue Technologies IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 30 Nov 2023 |
| Listing date | 8 Dec 2023 |
| Issue price | ₹18 |
| Listing-day close | ₹39.90 (121.67%) |
| Identifiers | NSE: CBAZAAR · ISIN: INE518X01015 |
How the listing went
Net Avenue Technologies delivered a blockbuster debut, closing its first session 121.67% above the issue price.
Net Avenue Technologies against every other debut on record
- Rank in 2023: 12 of 172 NSE debuts, on a 121.67% first-day close.
- 91st percentile of 116 SME debuts in 2023 (median 20.72%).
- 3rd of 24 debuts in December 2023.
- Opened 133.33% above issue, then gave up 11.66 points to the close.
- Day-one range ₹39.90 to ₹42: a 11.67% swing on the issue price.
- Priced at the top of the ₹16 to ₹18 band.
- Listed 4 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources