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Date and Time of Netweb Technologies IPO Allotment; Date of listing; Check status online with PAN number in BSE and link intime direct links

Date and Time of Netweb Technologies IPO Allotment;  Date of listing;  Check status online with PAN number in BSE and link intime direct links

Know How To Check Netweb Technologies IPO Allotment Status Online Link Intime, BSE Directly Using PAN Number.

July 24, 2023 | 12:24 AM IST

NetWeb Technologies IPO Listing Date: The company’s equity shares are likely to be listed on BSE and NSE on July 27, 2023. (Image: NetWeb/ET Now Digital)

Netweb Technologies IPO Allotment Date and Time: Netweb Technologies’ initial public offering ( IPO ) was subscribed 90.36 times on the last day of the offer, helped by huge participation from all categories of investors, especially institutional buyers.

Netweb Technologies IPO Share Date and Time

Finalization of allotment of Netweb Technologies IPO shares is likely to take place on July 24, 2023; Any time of the day

Check Netweb Technologies IPO Allotment Status PAN Number wise online

How to Check Netweb Technologies IPO Allotment Status Directly on Link Intime

Step 1 – Login to Linkintime web link — linkintime.co.in/MIPO/Ipoallotment.html

Step 2 – Select Netweb Technologies IPO

Step 3 – Enter your PAN details

Step 4 – Click on ‘Search’ option

You can know the Netweb Technologies IPO allotment status of your application

How to Check Netweb Technologies IPO Allotment Status Online Directly on BSE:-

Step 1- Login to BSE link – bseindia.com/investors/appli_check.aspx

Step 2- Select Netweb Technologies IPO

Step 3- Enter your Netweb Technologies IPO Application Number

Step 4- Enter your PAN card details

Step 5 – Click on ‘I’m not a robot’

Step 6 – Click on the ‘Submit’ button

You can know the Netweb Technologies IPO allotment status of your application

Netweb Technologies IPO Listing Date

The equity shares of the company are likely to be listed on BSE and NSE on July 27, 2023.

Netweb Technologies IPO Subscription Status: 90.36 times subscribed

– According to an update on the National Stock Exchange (NSE), bids were received for 80,04,52,380 shares in the initial share sale worth Rs 631 crore.

The quota for qualified institutional buyers (QIBs) was subscribed 228.91 times. The non-institutional investors segment was oversubscribed 81.81 times and the retail individual investors (RII) segment was oversubscribed 19.15 times.

Netweb Technologies IPO: Key Details

– The IPO, priced at Rs 475-500 per share, had a fresh issue of up to Rs 206 crore and an offer for sale of up to 8,500,000 equity shares.

– It was fully subscribed on the first day of the offer.

– The homegrown server maker had said it had raised Rs 189 crore from anchor investors.

– The proceeds of the fresh issue will be used for capital expenditure of Rs.32.77 crore, long-term working capital support of Rs.128.02 crore and debt repayment of Rs.22.5 crore, in addition to general corporate purposes.

-Equirus Capital Private Limited and IIFL Securities Limited were the managers of the IPO.

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