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netweb technologies ipo subscription status: Netweb Technologies IPO subscribed 23 times so far on last day; check GMP and other details

The initial public offering (IPO) of Netweb Technologies has been subscribed 23.65 times on Day 3, with demand from qualified institutional buyers picking up pace, while the category reserved for retail investors was subscribed 13.91 times. The IPO comprises fresh equity of INR206 crore and an offer for sale of 8.5 million equity shares. ....

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netweb technologies ipo subscription: Netweb Technologies IPO opens for subscription. Should you bid?

The company is offering its shares in the price range of Rs 475-500, and at the upper end, the valuation is at a P/E of 55-59x. The IPO will fetch Rs 631 crore at the upper end of the price band. ....

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