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 will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 24 Sep 2026.

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 Live GMP Live Subscription Allotment Status

Official Registrar Verification

NovaNet Telecom Infrastructure Limited Allotment Status

Designated Registrar: KFin Technologies Limited

Check on Registrar BSE Portal

Allotment Date

23 Sep 2026

Basis finalization

Refunds Initiate

24 Sep 2026

Mandate release

Demat Credit

24 Sep 2026

Shares in demat

Listing Debut

25 Sep 2026

Trading begins

How to Check NovaNet Telecom Infrastructure Limited IPO Allotment Status

Click the Check on Registrar button above to visit KFin Technologies Limited's allotment portal.
Select NovaNet Telecom Infrastructure Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About NovaNet Telecom Infrastructure Limited Public Issue & Market Profile

NovaNet Telecom Infrastructure Limited is bringing an initial public offering (IPO) in the Telecommunications sector with an aggregate issue size of ₹540 Crores. The shares are offered at a price band of ₹142 to ₹150 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2026-09-20, the basis of allotment is scheduled to be finalized on 2026-09-23. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (KFin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.