The company, on Thursday, informed the exchanges that its fund raising committee at its meeting held during the day approved the issue and allotment of 25.05 lakh equity shares of face value of ₹2 each to eligible qualified institutional buyers at the issue price of ₹4,790 per equity share. That is a discount of 11.5% to Thursday’s closing price for the stock.
Post the allotment of equity shares in the issue, the paid-up equity share capital of the firm is increased to ₹11.88 crore comprising of 5.94 crore equity shares from ₹11.38 crore consisting of 5.69 crore equity shares.
Here are the fund houses who were issued more than 5% of the total equity as part of the QIP:
| Fund House | % Of QIP |
| ICICI Prudential AMC (Multiple Schemes) | 16.67 |
| Nomura India Investment Fund Mother Fund | 13.1 |
| Goldman Sachs India Equity Portfolio | 11.21 |
| Think India Opportunities Master Fund LP | 8.33 |
| Edelweiss MF (Multiple Schemes) | 8.33 |
| Invesco India Flexicap Fund | 6.25 |
Netweb Technologies had launched its QIP on Monday, August 17, to raise up to ₹1,200 crore with an indicative issue price between ₹4,710–₹4,790 per share.
The company’s board had approved the QIP at its meeting on July 1, 2026 and shareholders approved the fundraising via a special resolution on August 1, 2026.
Netweb Technologies reported a profit after tax (PAT) of ₹85.3 crore in the first quarter compared to ₹30.4 crore last year and ₹70.5 crore in the previous quarter.
Its revenue rose to ₹819 crore from ₹301 crore in the previous fiscal and from ₹773.7 crore sequentially.
The company’s EBITDA margin contracted to 14.6% from 14.8% annually but expanded on a sequential basis from 12.5%.
Shares of Netweb Technologies ended the previous session 6.8% higher at ₹5,411 apiece. The stock has increased 27.1% in the past month and is up 75.9% this year, so far.
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