Investment21 Aug 2026, 07:31 am
Netweb Technologies Allots 25.05 Lakh Shares for ₹1,200 Cr
AI Summary
Netweb Technologies India Ltd announced the allotment of 25,05,219 Equity Shares to qualified institutional buyers at an issue price of ₹4,790.00 per share. This Qualified Institutional Placement (QIP) raised ₹1,200.00 Crore. The issue price represents a discount of ₹95.90 per share (1.96%) to the floor price. Following the allotment, the company's paid-up Equity Share capital has increased to ₹11,88,91,812, comprising 5,94,45,906 Equity Shares. The filing also details the shareholding of major allottees, including ICICI Prudential funds, Nomura India Investment Fund, Goldman Sachs Funds, and others, who collectively received a significant portion of the newly issued shares.
Key Highlights
- Netweb Technologies raised ₹1,200 Crore via QIP.
- 25,05,219 equity shares allotted at ₹4,790 per share.
- Issue price was at a 1.96% discount to the floor price.
- Paid-up capital increased to ₹11.89 Crore.
- Major allottees include ICICI Prudential, Nomura, and Goldman Sachs.
Price Impact
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