Netweb Technologies IPO: Listing date for the initial public offering (IPO) has been fixed on 27th July 2023 i.e. today.
As per the BSE notification, effective from Thursday, July 27, 2023, the equity shares of Netweb Technologies India Limited shall be listed and admitted to dealings on the Indian stock market exchange in the list of 'B' group of securities. Netweb Technologies shares will be listed on BSE and NSE in a Special Pre-open Session (SPOS) at 10:00 AM during Thursday deals.
According to stock market experts, Netweb Technologies IPO received strong response from investor, despite the book build issue was aggressively priced. They said that the public issue may list around 70 per cent to 80 per cent premium.
On Netweb Technologies IPO listing price, stock market experts said that in bulls case, Netweb Technologies share price may open around ₹900 apiece levels whereas in bear case the listing could be around ₹850 to ₹870 apiece levels. Expecting strong listing premium from Netweb Technologies IPO, Abhay Doshi, Founder at UnlistedArena.com — a company that deals in unlisted stocks said, "Netweb Technologies' initial public offering (IPO) received a favorable response from investors, even though it was aggressively priced.
This positive response can be attributed to the company's strong growth and its presence in a niche segment, which has attracted investor interest. Given the current momentum, there are expectations of a blockbuster listing with a potential premium of over 70 per cent." Anubhuti Mishra, Equity Research Analyst at Swastika Investmart said, "As per the grey market signals, Netweb Technologies IPO listing price could be around ₹890 to ₹900 apiece, which means around 80 per cent listing gain for
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