Netweb Technologies is expected to announce its share allotment status today i.e. July 24.The shares of Netweb Technologies were subscribed by 90.55 times
Netweb Technologies IPO: The company plans to use proceeds to the tune of Rs 32.77 crore to fund capital expenditure, Rs 128.02 crore to support long-term working capital, Rs 22.5 crore for debt payment, besides for general corporate purposes. Last month, Netweb Technologies raised Rs 51 crore from institutional investors in a pre-IPO placement round., Markets News, Times Now