Netweb Technologies India Limited
IPO Details
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Lot Distribution
Reservation
Company Fin.
₹430(86.00%)
Premium (ELP)
The public market debut of Netweb Technologies India Limited's was completed on Jul 27, 2023 with its listing on the NSE, BSE exchange. The IPO process raised 1,26,20,000 Shares in total capital, consisting of 41,20,000 Shares in new equity and ₹425.00 Cr in existing share sales through the OFS route.
The offering featured a price range of ₹475 to ₹500 and minimum application size of 30 shares. Investor response during the subscription period from Jul 17, 2023 to Jul 19, 2023 influenced the final allotment ratios across investor categories.
Final allotment was announced on Jul 24, 2023, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 1999, Netweb Technologies India Limited provides high-end computing solutions (HCS) including supercomputing systems, private cloud and hyper-converged infrastructure, AI systems, enterprise workstations, high-performance storage solutions, data center servers, and related software and services. The company designs, manufactures, and deploys HCS with proprietary middleware, utilities, and precompiled application stacks, and has played a key role in India’s National Supercomputing Mission with two of its supercomputers being listed 10 times in the world’s Top 500. As of February 28, 2023, Netweb has installed 300+ supercomputing systems, 50+ private cloud/HCI setups, 4,000+ GPU-based AI systems, and high-performance storage solutions delivering up to 450 GB/sec throughput. The company caters to leading clients across IT, ITeS, media, BFSI, government, defence, education, and research sectors, including IITs, JNU, major data centres, space research organizations, and R&D institutes under the Ministry of Electronics and IT.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Sanjay Lodha
- Navin Lodha
- Vivek Lodha
- Niraj Lodha
Netweb Technologies India Limited
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