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Netweb Technologies Share Price Gains Over 3% After Raising ₹1,200 Crore via QIP

Written by: Team Angel OneUpdated on: 21 Aug 2026, 4:36 pm IST
Netweb Technologies India Limited approves the allotment of 25,05,219 equity shares at ₹4,790 each, raising ₹1,200 crore through qualified institutional placement.
Netweb Technologies Share Price Gains
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On August 20, 2026, Netweb Technologies India Limited announced the approval of a qualified institutional placement of equity shares, as per the exchange filings.  

The company has successfully allotted 25,05,219 equity shares to qualified institutional buyers at an issue price of ₹4,790 per share. 

Details of the Qualified Institutional Placement 

The Fund Raising Committee of Netweb Technologies India Limited approved the allotment of equity shares, which opened on August 17, 2026, and closed on August 20, 2026.  

The shares were issued at a premium of ₹4,788 per share, with a discount of ₹95.90 per share, aggregating to ₹1,200 crore. 

This allotment has increased the company's paid-up equity share capital from ₹11,38,81,374 to ₹11,88,91,812, with the total number of equity shares rising from 5,69,40,687 to 5,94,45,906. 

Allotment to Major Investors 

Several institutional investors received significant allocations. ICICI Prudential Flexicap Fund, Nomura India Investment Fund Mother Fund, and Goldman Sachs Funds - Goldman Sachs India Equity Portfolio were among the top recipients.  

ICICI Prudential Flexicap Fund received 1,92,709 shares, representing 7.69% of the total issue. 

Read More: Mahanagar Gas Share Price Surges Over 3%; To Raise Capex to ₹1,800 Crore for PNG Expansion! 

Impact on Shareholding Pattern 

The shareholding pattern of Netweb Technologies India Limited will be updated and submitted with the listing application, as per SEBI regulations. The company has ensured compliance with all necessary regulations and guidelines throughout this process. 

Netweb Technologies India Share Price Performance 

As of August 21, 2026, at 10:46 AM, Netweb Technologies India share price on NSE was trading at ₹5,615.00, up by 3.60% from the previous closing price. 

Conclusion 

Netweb Technologies India Limited's qualified institutional placement resulted in the allotment of 25,05,219 equity shares at ₹4,790 each, raising ₹1,200 crore. The paid-up equity share capital increased to ₹11,88,91,812, with major investors like ICICI Prudential and Nomura India participating. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Aug 21, 2026, 11:06 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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