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Netweb Technologies IPO Opens Today: Check GMP Today, Key Dates, Price Band, Other Details

Netweb Technologies IPO Opens Today: Check GMP Today, Key Dates, Price Band, Other Details
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Netweb Technologies IPO: GMP, subscription status, other details Apply or not?

Netweb Technologies India, a computing solutions provider, has opened its initial public offering (IPO) for public subscription. The IPO consists of a fresh issue of shares worth INR 206 crore ($27.7 million) and an offer-for-sale of up to 8.5 million shares.

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Netweb Technologies Ltd s IPO to hit markets on Monday July 17, 2023, price band fixed at ₹475 to ₹500 per Equity Share

Netweb Technologies Ltd s IPO to hit markets on Monday July 17, 2023, price band fixed at ₹475 to ₹500 per Equity Share
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netweb technologies ipo: Netweb Technologies sets price band of Rs 475-500 for its IPO, opening on July 17

Netweb Technologies has set the price band for its IPO at Rs 475-500, with the offering opening on 17 July and closing on 19 July. Investors will be able to bid for a minimum of 30 equity shares, with the company anticipating to use the funds for long-term working capital, funding its capital expenditure, as well as debt repayment.

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Netweb Technologies IPO to open on July 17 Check details

The IPO of Netweb comprises a fresh issue of equity shares up to Rs 206 crore and an offer-for-sale (OFS) of up to 8.5 million equity shares by promoter and selling shareholders. The price band for the issue will be announced soon.

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