Mumbai, Aug. 18 -- The company's Fund Raising Committee approved the opening of the issue on 17 August 2026 and approved the preliminary placement document dated the same day.

The floor price of Rs 4,885.90 per share is at a discount of 6.28% to the scrip's previous closing price of Rs 5,213.45 on the BSE.

The company may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined in consultation with the bookrunning lead managers appointed for the issue.

Netweb Technologies is India's leading high-end computing solutions (HCS) provider, with fully integrated design and manufacturing capabilities. The company's HCS offering comprises HPC, private cloud, HCI, AI systems and ent...