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Netweb Technologies India announced the successful completion of its Qualified Institutions Placement (QIP), raising an aggregate of approximately Rs 1,200 crore.
The QIP marks the first equity capital raise by the Company since its listing on the NSE and BSE in July 2023.
The QIP received a strong response from global and domestic institutional investors. Participation from marquee investors such as Goldman Sachs Asset Management, Nomura Asset Management, Amundi Asset Management, Think Investments, ICICI Prudential MF, Edelweiss MF, Invesco MF, HDFC MF, Kotak MF, Tata MF, Motilal Oswal MF, Bank of India MF, Trust MF, Helios MF, among others, reflects their confidence in Netweb's business and the structural growth of India's high-performance computing market and AI ecosystem.
Pursuant to the QIP, the Company allotted 2,505,219 equity shares of face value Rs 2 each at an issue price of Rs 4,790 per equity share (including a premium of Rs 4,788 per equity share).
The fund-raising committee of the board of directors approved the allotment of equity shares under the QIP at its meeting held on 20 August 2026.
The QIP saw participation from from marquee investors such as Goldman Sachs Asset Management, Nomura Asset Management, Amundi Asset Management, Think Investments, ICICI Prudential MF, Edelweiss MF, Invesco MF, HDFC MF, Kotak MF, Tata MF, Motilal Oswal MF, Bank of India MF, Trust MF, Helios MF, among others.
Pursuant to the QIP, the company allotted 2,505,219 equity shares of face value Rs 2 each at an issue price of Rs 4,790.00 per equity share (including a premium of Rs 4,788 per equity share).
The company intends to utilise the net proceeds of the QIP towards funding its working capital requirements to support the execution of its anticipated growth in the order book and general corporate purposes.
Sanjay Lodha, chairman and managing director, Netweb Technologies, said: 'We are grateful for the trust shown by leading domestic and global institutional investors in Netweb. This QIP represents an important milestone in our journey and reflects confidence not only in our performance, but also in the long-term opportunity across AI and high-end computing infrastructure.'
Netweb Technologies is one of India's leading Indian-origin, owned and controlled high-end computing solutions (HCS) provider, with fully integrated design and manufacturing capabilities. Netweb’s HCS offering comprises high performance computing, private cloud and hyperconverged infrastructure, AI systems, high performance storage solutions (HPS) and data centre servers.
The company's net profit surged to Rs 85.32 crore in the quarter ended June 2026 as against Rs 30.48 crore during the previous quarter ended June 2025. Sales rose 172.13% to Rs 819.69 crore in Q1 FY27 over Q1 FY26.
The scrip fell 3.95% to currently trade at Rs 5242.05 on the BSE.
Post allotment, the paid up equity share capital has increased to Rs 11,88,91,812 consisting of 5,94,45,906 equity shares of Rs 2 each.
CESC Ltd, Netweb Technologies India Ltd, Restaurant Brands Asia Ltd and Hitachi Energy India Ltd are among the other losers in the BSE's 'A' group today, 19 August 2026.
Hatsun Agro Product Ltd lost 6.44% to Rs 924.3 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 5792 shares were traded on the counter so far as against the average daily volumes of 2786 shares in the past one month.
CESC Ltd crashed 5.36% to Rs 159. The stock was the second biggest loser in 'A' group.On the BSE, 1.81 lakh shares were traded on the counter so far as against the average daily volumes of 3.02 lakh shares in the past one month.
Netweb Technologies India Ltd tumbled 5.19% to Rs 5079.45. The stock was the third biggest loser in 'A' group.On the BSE, 1.58 lakh shares were traded on the counter so far as against the average daily volumes of 1.45 lakh shares in the past one month.
Restaurant Brands Asia Ltd corrected 5.04% to Rs 101.24. The stock was the fourth biggest loser in 'A' group.On the BSE, 5.88 lakh shares were traded on the counter so far as against the average daily volumes of 11.49 lakh shares in the past one month.
Hitachi Energy India Ltd plummeted 4.97% to Rs 33470. The stock was the fifth biggest loser in 'A' group.On the BSE, 9065 shares were traded on the counter so far as against the average daily volumes of 10810 shares in the past one month.
One97 Communication (Paytm)’s promoter entity, Resilient Asset Management B.V, proposes to sell up to 4.98% equity in fintech firm through a block deal under its existing optionally convertible debenture (OCD) agreement with Antfin (Netherlands) Holding B.V. (Antfin). The economic value to be received by Resilient will be retained by Antfin under the OCD agreement.
DCX Systems received purchase order from its customers worth Rs 15.19 crore. Further, its wholly owned subsidiary, Raneal Advanced Systems received purchase order from its customer worth Rs 3.09 crore.
Manipal Health Enterprises has signed business transfer Agreement (BTA) to acquire the entire operations and assets of Kinder Women’s Hospital and Fertility Centre in Bengaluru for Rs 130 crore, strengthening its hospital network in the city.
Jyoti CNC Automation plans to invest Rs 1,020.65 crore over the next five years at its existing manufacturing facility after receiving approval under the Electronic Components Manufacturing Scheme.
Indo-MIM reported 31.64% jump in consolidated net profit to Rs 240.12 crore in Q1 FY27 compared with Rs 182.41 crore in Q1 FY26. Revenue from operations increased 9.39% YoY to Rs 12,18.74 crore in Q1 FY27.
The floor price of Rs 4,885.90 per share is at a discount of 6.28% to the scrip's previous closing price of Rs 5,213.45 on the BSE.
The company may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined in consultation with the bookrunning lead managers appointed for the issue.
Netweb Technologies is India’s leading high-end computing solutions (HCS) provider, with fully integrated design and manufacturing capabilities. The company’s HCS offering comprises HPC, private cloud, HCI, AI systems and enterprise workstations, high-performance storage (HPS), and data center servers.
The company’s standalone net profit soared 179.92% to Rs 85.32 crore on a 172.13% surge in revenue from operations to Rs 819.69 crore in Q4 FY26 over Q4 FY25.
Zaggle Prepaid Ocean Services Ltd fell 3.09% today to trade at Rs 155.5. The BSE Information Technology index is down 0.86% to quote at 29341.07. The index is up 3.95 % over last one month. Among the other constituents of the index, Netweb Technologies India Ltd decreased 1.85% and NELCO Ltd lost 1.48% on the day. The BSE Information Technology index went down 13.78 % over last one year compared to the 4.74% fall in benchmark SENSEX.
Zaggle Prepaid Ocean Services Ltd has lost 25.81% over last one month compared to 3.95% gain in BSE Information Technology index and 0.94% drop in the SENSEX. On the BSE, 1.85 lakh shares were traded in the counter so far compared with average daily volumes of 1.1 lakh shares in the past one month. The stock hit a record high of Rs 417.4 on 19 Aug 2025. The stock hit a 52-week low of Rs 154.4 on 18 Aug 2026.