Netweb Technologies raises Rs 1,200 crore through qualified institutions placement
Mumbai, Aug. 25 -- The fund-raising committee of the board of directors approved the allotment of equity shares under the QIP at its meeting held on 20 August 2026.
The QIP marks the first equity capital raise by the Company since its listing on the NSE and BSE in July 2023.
The QIP saw participation from from marquee investors such as Goldman Sachs Asset Management, Nomura Asset Management, Amundi Asset Management, Think Investments, ICICI Prudential MF, Edelweiss MF, Invesco MF, HDFC MF, Kotak MF, Tata MF, Motilal Oswal MF, Bank of India MF, Trust MF, Helios MF, among others.
Pursuant to the QIP, the company allotted 2,505,219 equity shares of face value Rs 2 each at an issue price of Rs 4,790.00 per equity share (including a premium...
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