Netweb Technologies India IPO GMP History
Netweb Technologies India IPO has been listed on July 27, 2023 at a listing price of ₹947, against the issue price of ₹500 — a gain of ₹447 (+89.4%). The GMP peaked at ₹375 on 26 July 2023 and reached a low of ₹280 on 13 July 2023. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Netweb Technologies India IPO raised ₹631 Cr. through its IPO at a price band of ₹475 to ₹500 per share, with a lot size of 30 shares. The IPO was open for subscription from 17 Jul 2023 to 19 Jul 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:53 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 26 Jul 2023 | ₹ 375 | — | 75% | — | — |
| 25 Jul 2023 | ₹ 375 | — | 75% | — | — |
| 24 Jul 2023 | ₹ 375 | — | 75% | — | — |
| 21 Jul 2023 | ₹ 375 | ▲ | 75% | — | — |
| 20 Jul 2023 | ₹ 370 | — | 74% | — | — |
| 19 Jul 2023 | ₹ 370 | ▲ | 74% | — | — |
| 18 Jul 2023 | ₹ 350 | ▲ | 70% | — | — |
| 17 Jul 2023 | ₹ 330 | ▲ | 66% | — | — |
| 15 Jul 2023 | ₹ 320 | ▲ | 64% | — | — |
| 14 Jul 2023 | ₹ 300 | ▲ | 60% | — | — |
| 13 Jul 2023 | ₹ 280 | — | 56% | — | — |
Netweb Technologies India IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 17 Jul 2023
- Close 19 Jul 2023
- Allotment 24 Jul 2023
- Refund/credit 25 Jul 2023
- Listing 27 Jul 2023
Netweb Technologies India IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹500 |
|---|---|
| GMP-based estimate (pre-listing) | ₹875 (+75%) |
| Listing gain / loss | +₹447 per share |
| Listing date | 27 Jul, 2023 |
| Actual listing price | ₹947 (+89.4%) |
Is Netweb Technologies India IPO GMP reliable?
Grey market premium for Netweb Technologies India IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Netweb Technologies India IPO full review for a fundamentals-based assessment before making any grey market trades.
Netweb Technologies India IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Netweb Technologies India IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Netweb Technologies India IPO
Netweb Technologies India Limited was incorporated as Netweb Technologies India Private Limited at New Delhi on 22 September 1999. As per the F&S report, it is one of India's leading high-end computing solutions providers, with fully integrated design and manufacturing.
Its offerings cover high performance computing and supercomputing systems, private cloud and hyperconverged infrastructure, AI systems and enterprise workstations, high performance storage, data centre servers, and related software and services. By number of HPC installations it is one of the most significant OEMs in India.
It builds supercomputing systems for businesses, academia and research bodies, including under India's National Supercomputing Mission.
The IPO was Rs 631 crore, with Rs 206.03 crore of fresh issue and Rs 424.97 crore of offer for sale by the four promoters and a promoter group entity. A pre-IPO placement of Rs 51 crore was done before the issue. Fresh money was planned for an SMT production line, working capital and repaying debt.
Frequently asked
What is the GMP of Netweb Technologies India IPO?
The current Grey Market Premium (GMP) of Netweb Technologies India IPO is ₹ 375.
What is the Kostak Price of Netweb Technologies India IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Netweb Technologies India IPO is not available.
What is the Subject to Sauda Price of Netweb Technologies India IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Netweb Technologies India IPO?
Netweb Technologies India IPO listed on July 27, 2023 at ₹947, against the issue price of ₹500 — a gain of +89.4%.
How did the GMP of Netweb Technologies India IPO trend before listing?
The GMP of Netweb Technologies India IPO was stable in its final days before listing. The GMP peaked at ₹375 on 26 July 2023. View the day-wise table above for the complete GMP history.
Explore Netweb Technologies India IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
