
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
Overall Subscription
95.11x
Total Demand
QIB Multiplier
240.96x
Institutions & Funds
NII / HNI
86.11x
High Net-Worth
Retail (RII)
20.16x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 2,308,198 | 556,185,540 | 240.96x |
| NIB | 1,826,551 | 157,285,800 | 86.11x |
| HNIs(10L +) | 1,217,701 | 111,250,980 | 91.36x |
| HNIs (2-10L) | 608,850 | 46,034,820 | 75.61x |
| RETAIL | 4,261,950 | 85,913,910 | 20.16x |
| EMPLOYEES | 19,000 | 1,062,480 | 55.92x |
| Total | 10,242,250 | 957,733,530 | 95.11x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 147,233 | 2,968,217 | 20.16x |
| HNIs (10L +) | 942 | 81,116 | 86.11x |
| HNIs (2-10L) | 4,507 | 388,098 | 86.11x |
| Total Applications | 152,682 | 3,437,431 | 22.51x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Netweb Technologies India Limited IPO is ₹430 per equity share. Based on the upper price band of ₹475 to ₹500 per equity share, the estimated listing price is ₹930 (+86.0% expected listing gain).
With a lot size of 30 shares and current GMP of ₹430, the expected profit per application lot is approx ₹12,900 (+86.0% gain). Minimum application cost is approx ₹15,000.
The Netweb Technologies India Limited IPO aggregate issue size is ₹631 Crores with an equity price band set at ₹475 to ₹500 per equity share. The retail lot size is 30 shares requiring a minimum capital outlay of approx. ₹15,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 95.11x (Retail: 20.16x, QIB: 240.96x, NII: 86.11x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-07-24. Investors can verify status using PAN card or application number.
Netweb Technologies India Limited shares are scheduled to list on NSE and BSE on 2023-07-27.