Netweb Technologies India Limited IPO
Netweb Technologies India Limited was a mainboard IPO in the IT Enabled Services sector, offered at ₹475–₹500 per share to raise ₹425 crore. The issue was subscribed 90.36× overall (QIBs 228.91×, NIIs 81.81×, retail 19.15×). It listed on 27 Jul 2023 at ₹947 and closed its first day at ₹910, a listing gain of +82.1% versus the ₹500 issue price. It now trades around ₹4,173 (+734.5% versus the issue price).
Frequently asked questions
- How many times was the Netweb Technologies India Limited IPO subscribed?
- The Netweb Technologies India Limited IPO was subscribed 90.36× overall — 228.91× in the QIB category, 81.81× among non-institutional investors, 19.15× in retail.
- What were the Netweb Technologies India Limited IPO listing gains?
- Netweb Technologies India Limited listed on 27 Jul 2023 at ₹947, closing its first day at ₹910 — a listing gain of +82.1% versus the ₹500 issue price.
- What were the retail allotment odds for the Netweb Technologies India Limited IPO?
- Retail was subscribed 19.59×, so a single-lot application had roughly a 5.1% chance of allotment (about 1 in 20), and allotment was finalised on 21 Jul 2023.
- What was the price band and lot size of the Netweb Technologies India Limited IPO?
- The price band was ₹475–₹500 per share, with a minimum lot of 30 shares (₹15,000 at the upper band).
- Who were the registrar and lead manager for the Netweb Technologies India Limited IPO?
- Link Intime India Private Limited was the registrar, and Equirus was the book-running lead manager.