Netweb Technologies India Limited has closed its qualified institutional placement (QIP), raising ₹1,200 crore through the allotment of 25,05,219 equity shares at an issue price of ₹4,790 per share.

The Fund Raising Committee approved the allotment on August 20, 2026. The final issue price represents a discount of ₹95.90 per share, or 1.96%, to the floor price of ₹4,885.90 established when the issue opened on August 17, 2026. This pricing adheres to Regulation 176 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, which permits a maximum discount of 5% on the floor price.

Issue closure and allocation

The Committee approved the closure of the issue following the receipt of application forms and funds in the escrow account from eligible qualified institutional buyers. The allocation note confirming the allotment to these buyers has been finalized and approved for dispatch.

The company adopted the final placement document dated August 20, 2026, which is available on its website. This filing serves as compliance under Regulations 29(1) and 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investor participation and use of proceeds

This QIP marks the first equity capital raise by Netweb since its listing on the NSE and BSE in July 2023. The issue received strong participation from global and domestic institutional investors, including Goldman Sachs Asset Management, Nomura Asset Management, Amundi Asset Management, Think Investments, ICICI Prudential MF, Edelweiss MF, Invesco MF, HDFC MF, Kotak MF, Tata MF, Motilal Oswal MF, Bank of India MF, Trust MF, and Helios MF.

IIFL Capital Services Limited, CLSA India Private Limited, and Resurgent India Limited acted as Book Running Lead Managers. Khaitan & Co. served as domestic legal counsel, while Hogan Lovells Cadwalader acted as international legal counsel. Uirtus Advisors LLP advised the company.

Netweb intends to utilize the net proceeds towards funding working capital requirements to support execution of anticipated growth in its order book and for general corporate purposes.

Key issue details

The following table summarises the final parameters of the QIP:

The trading window for designated persons remains closed until 48 hours after the determination of the final issue price, in accordance with the company's Code of Conduct for Insider Trading.

Management commentary

Sanjay Lodha, Chairman and Managing Director, stated that the QIP reflects confidence in Netweb’s performance and the long-term opportunity across AI and high-end computing infrastructure. He noted that India is entering a significant multi-year build-out of AI and advanced computing infrastructure, supported by national initiatives and enterprise adoption.

Lodha added that the capital raised strengthens the balance sheet and financial flexibility, enhancing the ability to support working-capital requirements in line with anticipated growth in scale of operations and order book. The company remains committed to strengthening Make in India design and manufacturing capabilities and deepening technology partnerships.

Netweb Technologies India Limited will conduct in-person meetings with institutional investors and analysts in Hong Kong on August 10, 2026, and in Singapore on August 11 and 12, 2026. These engagements are designed to facilitate direct dialogue between the company’s senior management and the investment community regarding the firm’s business outlook and operations. The interactions will take place on a one-to-one basis across both locations, ensuring focused discussions while maintaining regulatory compliance.

The company has notified the Listing Departments of both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) regarding these scheduled engagements. Lohit Chhabra, Company Secretary & Compliance Officer, signed the intimation filed with the exchanges on August 4, 2026. This filing serves as a formal record of the upcoming investor relations activities.

Meeting Details

The schedule for the analyst and investor meetings is outlined below:

The dates are subject to change due to exigencies involving the investors, analysts, or the company. Management has emphasized that these sessions are part of ongoing efforts to maintain transparency with its global investor base.

Regulatory Compliance

The meetings are being conducted under Regulation 30 read with Schedule III (A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates that listed entities provide equal access to information to all investors and prohibits selective disclosure of unpublished price-sensitive information (UPSI).

Netweb Technologies India Limited explicitly stated that discussions during these meets will be based solely on publicly available information. No UPSI will be shared during the interactions. This ensures compliance with insider trading regulations and maintains market integrity by preventing any unfair advantage to specific participants. Headquartered in Faridabad, Haryana, the company continues to engage with its investor base through structured roadshows and meetings.