Netweb Technologies IPO is an initial public offering (IPO) by Netweb Technologies.

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A high-end computing solutions (HCS) provider in India.

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The IPO opened on July 17, 2023, and closed on July 19, 2023.

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The pricing range for the shares was established at Rs. 475-500 per share.

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IPO aims to raise Rs. 631 crore, with fresh equity of Rs. 206 crore and an offer for sale of 8.5 million shares.

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At the upper limit of the price range, the total amount reached Rs. 425 crore.

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The IPO was subscribed 1.46 times, with retail investors subscribing 1.98 times.

The shares are expected to be listed on BSE and NSE on July 27, 2023.

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Issue price band: Rs. 475-500 per share

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Size of the IPO: Rs. 631 crore

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Offer for sale: Rs. 425 crore

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Date of opening: July 17, 2023

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Date of closing: July 19, 2023

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Listing date: July 27, 2023

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