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Netweb opened its qualified institutions placement on August 17 and approved the preliminary placement document. The floor price is ₹4,885.90 per share, with discretion to offer up to a 5% discount; the final issue price remains to be determined. Context: formalizes the previously proposed capital raise.
Netweb Technologies Completes ₹1,200 Crore QIP At ₹4,790 Per Share
Netweb Technologies Closes ₹120 Crore QIP At ₹4,790 Per Share
Netweb Technologies Board Approves ₹1200 Crore Equity Fundraise Plan