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Netweb Technologies shares surged 10% after the company partnered with NVIDIA to explore the potential of AI and high-performance computing. Netweb will manufacture server designs for the NVIDIA Grace CPU Superchip and GH200 Grace Hopper Superchip MGX server designs.
Bajaj Finserv, Nestle India Q1 Results, Netweb Technologies listing in Top News on July 27: Hero MotoCorp, Ultratech Cement, Pidilite Industries ex-dividend stocks, share markets, Nifty in focus.
Netweb Technologies IPO will be listed on BSE and NSE today. Experts predict a listing premium of 70-80%
Netweb Technologies is well-positioned to benefit from the growth of the high-end computing market in India.
The IPO of Netweb, a leading high-end computing solutions (HCS) provider with fully integrated design and manufacturing capabilities, was subscribed 90.36 times at close. The qualified institutional buyer portion was the most subscribed with a subscription of 228.91 times, followed by non-institutional investors with 81.81 times. The retail category was subscribed 19.15 times.