The Netweb Technologies IPO commenced on July 17, 2023, and concluded on July 19, 2023. The allotment of shares took place on July 24, 2023, and the initiation of refunds began on July 25, 2023. The shares were credited to the demat accounts of investors on July 26, 2023. Finally, the listing of Netweb Technologies on the stock exchange occurred on July 27, 2023.
The Netweb Technologies IPO was priced at ₹475 to ₹500 per share, with a lot size of 30. The total issue size was ₹631 crores, comprising a fresh issue of ₹206 crores and an offer for sale of ₹425 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 75% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 10% of the shares.
Netweb Technologies IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| 26 July 2023 | ₹394 | 78.80% | – | – |
| 25 July 2023 | ₹394 | 78.80% | – | – |
| 24 July 2023 | ₹394 | 78.80% | – | – |
| 23 July 2023 | ₹394 | 78.80% | – | – |
| 22 July 2023 | ₹394 | 78.80% | – | – |
| 21 July 2023 | ₹394 | 78.80% | – | – |
| 20 July 2023 | ₹372 | 74.40% | – | – |
| 19 July 2023 | ₹372 | 74.40% | – | – |
| 18 July 2023 | ₹372 | 74.40% | – | – |
| 17 July 2023 | ₹372 | 74.40% | – | – |
| 16 July 2023 | ₹380 | 76.00% | – | – |
| 15 July 2023 | ₹380 | 76.00% | – | – |
Netweb Technologies India Limited, established in 1999, specializes in providing advanced computing solutions known as High-End Computing Solutions (HCS).
Netweb Technologies HCS offerings include the following:
- High-performance computing (Supercomputing / HPC) systems,
- Private cloud and hyper-converged infrastructure (HCI),
- AI systems and enterprise workstations,
- High-performance storage (HPS / Enterprise Storage System) solutions,
- Data center servers, and
- Software and services related to our HCS offerings.
Netweb Technologies develops and implements HCS solutions using proprietary middleware, user-friendly utilities, and precompiled application stacks. The company designs its own computing and storage technologies and deploys supercomputing infrastructure to meet the growing computational needs of businesses, academia, and research organizations. Notably, two of the company’s supercomputers have been listed among the world’s top 500 supercomputers ten times.
As of February 28, 2023, Netweb Technologies has successfully installed over 300 Supercomputing systems, more than 50 private cloud and HCI setups, over 4,000 AI systems and enterprise workstations powered by accelerators and GPUs, and HPS solutions with impressive storage throughput of up to 450 GB/sec.
Netweb Technologies serves esteemed clients across various industries, including information technology, information technology-enabled services, entertainment and media, banking, financial services, insurance (BFSI), national data centers, government entities (including defense), and educational and research institutions. Some of the notable clients include Indian Institute of Technology (IIT) Jammu, IIT Kanpur, NMDC Data Centre Private Limited (NMDC Data Centre), Airamatrix Private Limited (Airamatrix), Graviton Research Capital LLP (Graviton), Institute of Nano Science and Technology (INST), HL Mando Softtech India Private Limited (HL Mando), Dr. Shyam Prasad Mukherjee International Institute of Information Technology, Naya Raipur (IIIT Naya Raipur), Jawaharlal Nehru University (JNU), Hemvati Nandan Bahuguna Garhwal University (Hemvati University), Akamai India Networks Private Limited (Akamai), A.P.T. Portfolio Private Limited (A.P.T.), and Yotta Data Services Private Limited (Yotta).
Additionally, Netweb Technologies serves a space research organization of the Indian Government and an R&D organization under the Ministry of Electronics and Information Technology, Government of India. These organizations are actively involved in research and development related to information technology, electronics, and other associated areas, including Supercomputing.
Netweb Technologies IPO More Details Click Here
