Netweb Tech raises Rs 1,200 crore via QIP at 1.96% discount to floor price

QIP at a discountFund Raising View source PDF Explain this filing

NETWEB · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.9%Reaction day

₹5411.00

prior close

₹5400.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.4%+2.5% vs market

IT Enabled Services peers, median of 78sector+0.4%+2.5% vs sector

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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.6

10m

+2.0

15m

+1.7

30m

+2.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.9+0.4+2.5+0.4+2.5

Next day

+0.4+0.2+0.2+0.2+0.2

-2.1+0.0-2.2-0.5-1.6

-2.3+0.6-2.9-0.7-1.6

-2.1+0.5-2.7-0.6-1.5

-1.6+0.9-2.5-0.1-1.5

-4.8+0.1-4.9-0.2-4.6

15d

-6.8+0.0-6.8-1.2-5.5

-12.8-0.3-12.5-0.9-11.9

-15.3-7.1-8.2-7.6-7.7

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UpDownMarket · Nifty Smallcap 250Sector · IT Enabled Services peers, median of 78Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Netweb Technologies allotted 25.05 lakh equity shares at Rs 4,790 per share to qualified institutional buyers, raising Rs 1,200 crore. Issue closed on August 20, 2026 at a 1.96% discount to the floor price. Marquee allottees include Goldman Sachs India Equity Portfolio, Nomura India Investment Fund, ICICI Prudential Mutual Fund schemes, Think India Opportunities Master Fund, Edelweiss Mutual Fund and Invesco India Flexi Cap Fund. Paid-up share capital increased to Rs 11.88 crore from Rs 11.38 crore.

Likely market impact

About 4.4% dilution for existing holders, but strong demand from top global and domestic institutions signals confidence. Funds to support growth plans.