Netweb Technologies Launches ₹1200 Cr QIP at Discount

Netweb Technologies Ltd has initiated a Qualified Institutional Placement (QIP) aiming to raise up to ₹1,200 crore. The high-performance computing server manufacturer is offering shares at an indicative price range reflecting an 8.1–9.6% discount from its last closing price.

QIP Details and Pricing

• Indicative Issue Price: ₹4,710 to ₹4,790 per share
• Discount to Last Closing Price: 8.1–9.6%
• Equity Shares to be Issued: Approximately 25.05 lakh to 25.48 lakh
• Relevant Date for Issue: August 17, 2026

The company also holds the right to offer a discount of up to 5% on the floor price. This was approved by shareholders on August 1, providing flexibility in the placement.

First-Quarter Financial Performance

Netweb Technologies reported robust first-quarter results, with significant surges across its key financial metrics. Profit after tax saw a substantial increase compared to both the previous year and the prior quarter, underscoring strong operational performance.

• Profit After Tax (Q1): ₹85.3 crore (vs ₹30.4 crore last year, ₹70.5 crore previous quarter)
• Revenue (Q1): ₹819 crore (vs ₹301 crore last year, ₹773.7 crore sequentially)
• EBITDA (Q1): ₹119.8 crore (vs ₹44.5 crore last year)
• EBITDA Margin: 14.6%

Order Book and AI Growth Drivers

The company’s order book stands strong, with the Artificial Intelligence (AI) segment continuing to be a significant growth driver. This segment alone contributed a majority of the revenue and demonstrated exceptional year-on-year expansion.

• Current Order Book: ₹2,506 crore
• AI Segment Revenue Contribution: 63%
• AI Segment Growth (Year-on-Year): 484%
• Net Working Capital Days: 96 days
• Order Book (June Quarter End): ₹2,506.9 crore (up from ₹2,097.6 crore at March quarter end)

The substantial rise in the order pipeline, including strategic orders, highlights the company’s expanding market presence and strong demand for its high-performance computing solutions.