Netweb Technologies IPO: Here's how to check allotment status online

Netweb Technologies IPO allotment status check: The basis of the allotment of shares under the High-end computing solutions (HCS) provider Netweb Technologies IPO is to be finalised today, July 24. While successful bidders will get Netweb Technologies shares credited to their demat accounts on July 26, other participants will get refunds initiated on July 25.

There are two ways for bidders to check the status of their application under the Netweb Technologies IPO:  

Netweb Technologies IPO allotment status check BSE

Step 1: A bidder is required to visit the official website of the BSE to check the status of the Netweb Technologies IPO application online. Log in at the direct BSE link — bseindia.com/investors/appli_check.aspx

Step 2: Select the option of 'Equity' under 'Issue Type'

Step 3: Select 'Issue Name'. Either enter your application number in the box or provide your PAN detail to proceed further.

Step 4: Click on 'I'm not a robot' and then submit, the status of your Netweb Technologies IPO application status will appear on the screen.

Netweb Technologies IPO allotment status check online: Through registrar's website 

Step 1: Visit the website of the registrar of the Netweb Technologies IPO, Link Intime. Here's the direct link: https://linkintime.co.in/mipo/ipoallotment.html 

Step 2: Select Netweb Technologies India IPO and enter PAN details/Application no./DP client ID

Step 3: Click on ‘Search’ option

Step 4: One can check Netweb Technologies India IPO allotment status of the application.

Netweb Technologies IPO subscription status

The Rs 631-crore IPO received bids for 80 crore shares as against the 88.6 lakh shares on offer, according to provisional exchange data. The portion reserved for Qualified Institutional Buyers (QIBs) was subscribed 228.9 times and that for non-institutional investors 81.8 times. The quota for retail investors (RIIs) was booked 19.2 times.

Netweb Technologies IPO listing date 

Netweb Technologies shares are set to be listed on stock exchanges BSE and NSE on July 27.

Key things to know about the Netweb Technologies IPO: 

The Netweb Technologies IPO was open for three trading days, from July 17 to July 19.  Under the IPO, potential investors could bid for Netweb shares in a price range of Rs 475-500 in multiples of 30, translating to Rs 14,250-15,000 per lot.

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