Netweb Tech QIP closes at Rs 4,790/sh, 1.96% discount to floor price
NETWEB · price
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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.
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Netweb Technologies closed its QIP on Aug 20, 2026, allotting 25.05 lakh shares at Rs 4,790 each to qualified institutional buyers. The price is at a 1.96% discount to the floor price of Rs 4,885.90, with a premium of Rs 4,788 over face value of Rs 2. Total issue size is around Rs 1,200 crore. Fund Raising Committee approved closure and adopted the placement document.
Minor dilution of around 25 lakh shares at small discount to floor price. Signals capital raise for growth, marginal short-term supply impact.