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
+12.0%
Est. Listing
₹168
at current GMP
Subscribed
22.60x
overall
Open
18 Sep 2026
Close
20 Sep 2026
Allotment
23 Sep 2026
Refund
24 Sep 2026
Demat Credit
24 Sep 2026
Listing
25 Sep 2026
Overall Subscription
22.60x
Total Demand
QIB Multiplier
48.40x
Institutions & Funds
NII / HNI
28.20x
High Net-Worth
Retail (RII)
12.40x
Individual Bidders
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The NovaNet Telecom Infrastructure Limited IPO aggregate issue size is ₹540 Crores with an equity price band set at ₹142 to ₹150 per equity share. The retail lot size is 100 shares requiring a minimum capital outlay of approx. ₹15,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (KFin Technologies Limited) and the BSE status verification website on or around 2026-09-23.