
Technology Hardware & Equipment · NSE / BSE
Incorporated in 1999, Netweb Technologies India Limited provides high-end computing solutions (HCS) including supercomputing systems, private cloud and hyper-converged infrastructure, AI systems, enterprise workstations, high-performance storage solutions, data center servers, and related software and services. The company designs, manufactures, and deploys HCS with proprietary middleware, utilities, and precompiled application stacks, and has played a key role in India’s National Supercomputing Mission with two of its supercomputers being listed 10 times in the world’s Top 500. As of February 28, 2023, Netweb has installed 300+ supercomputing systems, 50+ private cloud/HCI setups, 4,000+ GPU-based AI systems, and high-performance storage solutions delivering up to 450 GB/sec throughput. The company caters to leading clients across IT, ITeS, media, BFSI, government, defence, education, and research sectors, including IITs, JNU, major data centres, space research organizations, and R&D institutes under the Ministry of Electronics and IT.
Price Band
₹475 – ₹500
Issue Size
₹631 Cr
Lot Size
30 shares
GMP
+86.0%
Est. Listing
₹930
at current GMP
Subscribed
95.11x
overall
Open
17 Jul 2023
Close
19 Jul 2023
Allotment
24 Jul 2023
Refund
25 Jul 2023
Demat Credit
26 Jul 2023
Listing
27 Jul 2023
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹500
Band: ₹475 – ₹500
Estimated Listing Price
₹930
Upper price + GMP
Lot Size
30 shares
Min investment ₹15,000
Estimated Profit / Lot
₹12,900
30 × ₹430
Grey Market Premium trend
+₹430
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹430 | 86.0% | ₹930 |
| 30 Oct 2026 | +₹430 | 86.0% | ₹930 |
| 29 Oct 2026 | +₹387 | 77.4% | ₹887 |
GMP is unofficial market data. Not a guarantee of listing performance.
Netweb Technologies India Limited is bringing an initial public offering (IPO) in the Technology Hardware & Equipment sector with an aggregate issue size of ₹631 Crores. The shares are offered at a price band of ₹475 to ₹500 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-07-19, the basis of allotment is scheduled to be finalized on 2023-07-24. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest grey market premium for Netweb Technologies India Limited IPO is ₹430, which indicates an expected listing price of ₹930.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.