Since there are no directly comparable peers in the listed space within the HCS industry, Nirmal Bang compares Netweb Technologies India with EMS players.
Netweb Technologies IPO subscribed 94% on Day 1 so far, with strong response from retail investors and employees. Issue open until July 19, with price band of ₹475 to ₹500 per share. Company aims to raise ₹631 crore.