What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial premium over the issue price that investors pay in the unlisted market prior to official listing on NSE/BSE.

How is the estimated listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit made by selling an IPO application before allotment, irrespective of whether the application is allotted shares.

What is Subject to Sauda?

Subject to Sauda is an agreement where payment is made only if the seller receives share allotment in the IPO.

When is NovaNet Telecom IPO listing date?

NovaNet Telecom Infrastructure IPO is scheduled to list on NSE and BSE on 25 September 2026.

What is the current GMP for NovaNet Telecom IPO?

The current GMP is ₹18 (12% above issue price). Note: GMP has declined from its peak of ₹32 — it is unofficial and does not guarantee listing performance.

How can I check NovaNet Telecom IPO allotment status?

Allotment is being processed today. Check KFin Technologies website using your PAN or application number.

NovaNet Telecom Infrastructure Limited

ClosedMainboard

Telecommunications · NSE / BSE

NovaNet Telecom Infrastructure manages 18,000+ telecom towers across 12 states, providing passive infrastructure services to leading telecom operators.

Price Band

₹142 – ₹150

Issue Size

₹540 Cr

Lot Size

100 shares

GMP

₹18

+12.0%

Est. Listing

₹168

at current GMP

Subscribed

22.60x

overall

Open

18 Sep 2026

20 Sep 2026

Allotment

23 Sep 2026

Refund

24 Sep 2026

Demat Credit

24 Sep 2026

Listing

25 Sep 2026

Last updated 12 days ago

Overview GMP Subscription Financials IPO Details Company Promoters Objects Peers Documents Allotment FAQs

Key Highlights

•18,500 telecom towers under management
•Long-term MSAs with top telecom operators
•Average tenancy ratio of 1.85
•Stable, contracted revenue streams