Netweb Tech Raises Rs 1,200 Cr via QIP, Allots Shares to Top Investors
By Business Desk
Netweb Technologies India Ltd successfully raised Rs 1,200 crore by allotting 2.5 million shares to Qualified Institutional Buyers (QIBs) at Rs 4,790 each, significantly boosting its equity capital.
Netweb Technologies India Ltd has approved the allotment of 2,505,219 equity shares to Qualified Institutional Buyers (QIBs), raising Rs 1,200 crore. This significant fund-raising initiative was finalized at an issue price of Rs 4,790 per equity share.
- Issue price per equity share: Rs 4,790
- Total shares allotted: 2,505,219
- Total capital raised: Rs 1,200 crore
Following this allotment, Netweb Technologies India’s paid-up equity share capital increased from Rs 11,38,81,374, representing 5,69,40,687 shares, to Rs 11,88,91,812, comprising 5,94,45,906 shares.
Key Institutional Allottees
The fund-raising committee confirmed a diverse list of institutional investors participating in the QIP, with several prominent funds securing substantial allocations.
- ICICI Prudential Flexicap Fund: 7.69% of the issue
- ICICI Prudential AMC’s schemes (collectively): 16.67%
- Nomura India Investment Fund (Mother Fund): 13.10%
- Goldman Sachs India Equity Portfolio: 11.21%
- Edelweiss funds: 8.33%
- Think India Opportunities Master Fund: 8.33%
- Invesco India Flexi Cap Fund: 6.25%
Robust Stock Performance
Netweb Technologies India shares have demonstrated strong market performance, with substantial gains recorded across multiple timeframes, highlighting investor confidence.
- Past year increase: 162%
- Past five years increase: 502%
- Year-to-date (2026) increase: 76%
The company operates in the “Computer Server” business, delivering advanced solutions in Servers, Workstations, Storage, Cloud, High-Performance Computing (HPC), Artificial Intelligence (AI), and Big Data.
This capital infusion positions Netweb Technologies India to potentially strengthen its market position and expand its innovative offerings in the rapidly evolving technology infrastructure sector.