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Netweb Technologies IPO Opens On Monday; Subscribed 2.33 Times On Day 1 Of Offer

He initial public offering (IPO) has a fresh issue of up to Rs 206 crore and an offer for sale of up to 85,00,000 equity shares. The price range for the offer is Rs 475-500 a share. ....

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Share Market Highlights 17 July 2023: Sensex gains 529 pts, Nifty settles above 19,700; SBI, Dr Reddy's, Wipro up over 2.5%

Share Market Highlights 17 July 2023: Sensex gains 529 pts, Nifty settles above 19,700; SBI, Dr Reddy's, Wipro up over 2.5%
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IPO market continues momentum with two more issues set to hit the Street this week

The IPO market has picked up pace in the second half of the year with three issues delivering strong listing gains. Netweb Technologies IPO comprises a fresh issue of equity shares of up to Rs 206 crore and an offer-for-sale of up to 8.5 million equity shares by promoter-selling shareholders. ....

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Next stop or target would be 20K on NIFTY

Markets were on a roll last week and it seemed that there was no stopping their upward rise. They gained on four of the five trading sessions and continued to scale new heights on virtually every session.There was a small setback on Thursday . ....

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Netweb Technologies Ipo Subscription: Netweb Technologies IPO: What GMP signals ahead of subscription tomorrow?

The public issue with a face value of Rs 2 per equity share comprises Rs 206 crore of fresh issue and an offer for the sale of 8.5 million equity shares. The offer also includes a reservation for a subscription by eligible employees.The company is offering its shares in the range of Rs 475–Rs 500 per equity share. Investors can bid for 30 shares in one lot and in multiples thereafter.The IPO will fetch Rs 631 crore at the upper end of the price band. ....

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