Netweb Tech QIP closes; 25 lakh shares allotted at Rs 4,790 each
NETWEB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.5 pts more than Nifty Smallcap 250 and 2.5 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Netweb Technologies' QIP closed on August 20, 2026. The company allotted 25,05,219 equity shares at Rs 4,790 per share, a 1.96% discount to the floor price of Rs 4,885.90. Total issue size is about Rs 1,200 crore. Face value is Rs 2 with a premium of Rs 4,788 per share. The placement document has been approved.
Equity dilution of about 25 lakh shares; small discount to floor price is standard but adds near-term supply.