Netweb Technologies India IPO Subscription Status
Netweb Technologies India IPO was subscribed 90.54 times when bidding closed on 19 Jul 2023: QIB 220.69x, NII 83.21x, Retail 19.48x.
The Netweb Technologies India IPO has been subscribed 90.54x times overall. Retail investors have shown interest with bids for 19.48x the shares available. The Non-Institutional Investor (NII) category has been subscribed 83.21x. Within NII, Big HNI (B-HNI) subscribed 88.29x and Small HNI (S-HNI) subscribed 73.07x. Qualified Institutional Buyers (QIBs) have subscribed 220.69x. Data last updated on 10 Nov, 11:53 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 17 Jul, 2023 and closes on 19 Jul, 2023. The shares are expected to list on stock exchanges on 27 Jul, 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 220.69x |
| NII | - of - - | 83.21x |
bHNI — bid amount above ₹10 Lakh |
- - | 88.29 |
sHNI — bid amount ₹2–10 Lakh |
- - | 73.07 |
| Retail | - of - - | 19.48x |
| Employee | - of - - | 53.13x |
| TOTAL | - - | 90.54x |
Netweb Technologies India IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 5.1% for a single lot.
Market Sentiment
Strong grey market premium of 75% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 220.69x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
19 Jul 2023
Day 3 |
90.54x | ▼ | |
|
QIB220.69x
BHNI88.29x
SHNI73.07x
Retail19.48x
Employee53.13x
|
|||
|
18 Jul 2023
Day 2 |
9.09x | ▼ | |
|
QIB2.66x
BHNI16.68x
SHNI20.47x
Retail8.75x
Employee16.55x
|
|||
|
17 Jul 2023
Day 1 |
2.33x | ▼ | |
|
QIB0.03x
BHNI3.17x
SHNI4.49x
Retail3x
Employee6.6x
|
|||
Netweb Technologies India IPO dates
From the bidding window 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
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Netweb Technologies India IPO?
As of IPO close date (19 Jul, 2023), the Netweb Technologies India IPO is subscribed 90.54x times. Retail category is 19.48x, and NII is 83.21x subscribed.
When is the allotment date for Netweb Technologies India IPO?
The allotment for Netweb Technologies India IPO is expected to be finalized on 24 July, 2023.
What is the GMP of Netweb Technologies India?
The Grey Market Premium (GMP) for Netweb Technologies India is currently ₹375, indicating a potential listing gain of 75%.
When will Netweb Technologies India IPO list on the stock market?
Netweb Technologies India is scheduled to list on BSE and NSE on 27 July, 2023.
What are the chances of getting allotment in Netweb Technologies India IPO?
The retail category is oversubscribed at 19.48x, meaning allotment is by lottery. Statistically, approximately 1 in 20 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 220.69x mean for Netweb Technologies India IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 220.69x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Netweb Technologies India IPO allotment status?
After the allotment date (24 Jul, 2023), you can check your Netweb Technologies India IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Netweb Technologies India IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
