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
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.