Open Date

17 July 2023

19 July 2023

30 shares

Rs. 206.00 Cr

Close Date

Lot Size

IPO Size

Listing At

NSE, BSE

Listing Date

27 July 2023

Price Range

₹ 475 to ₹ 500  per share

Netweb Technologies operates in the business of high-end computing solutions (HCS) with a diverse product offering which includes private cloud and HCI solutions, supercomputing systems, enterprise workstations, AI systems, HPS solutions, and data center servers.

Objective of the Netweb Technologies India IPO: The company intends to utilize the net proceeds from the issue towards the funding of the following objects: 1. ₹22.50 crores: Debt repayment 2. ₹32.29 crores: Capital requirements 3. ₹128 crores: Long-term working capital requirements

Netweb Technologies IPO lot size is 30 shares.

The IPO comprises a total issue of 8,500,000 shares (aggregating up to ₹206.00 Cr).

The allotment date of  Netweb Technologies India  Bank  IPO is set for 24th July.

The book-running lead manager to the offer are Equirus Capital Private Limited and IIFL Securities Limited.