Netweb Technologies has maintained a healthy average return on equity of around 46 percent during FY21-23. The company has forayed into developing new product lines, namely, network switches and 5G ORAN Appliances, in FY23
Netweb Technologies IPO: The public issue aims to raise Rs 631 crore and includes an offer for the sale of 8.5 million equity shares. The price band for the shares has been set at Rs 475-500 per.
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.