Netweb Technologies Raises ₹12 Billion in QIP Funding

FARIDABAD, India — Netweb Technologies India Limited (BSE: 543945, NSE: NETWEB) announced on Tuesday, August 25, 2026, the successful completion of its Qualified Institutions Placement (QIP), raising aggregate proceeds of approximately ₹12 billion (₹1,200 crore).

The capital raise represents the first equity dilution for the Faridabad-headquartered High-end Computing Solutions (HCS) provider since its initial public offering in July 2023[cite: 4]. Approved by the company's Fund-Raising Committee on August 20, 2026, the transaction strengthens Netweb's balance sheet as demand accelerates for artificial intelligence systems, supercomputing infrastructure, and sovereign cloud deployments across India.

Terms of the Issue and Institutional Allocation

Under the approved placement terms, Netweb Technologies allotted 2,505,219 new equity shares of face value ₹2 each at an issue price of ₹4,790.00 per share, which includes an issue premium of ₹4,788.00 per share.

The placement drew anchor allocations from both global asset managers and domestic mutual funds[cite: 4]. Participating institutions included Goldman Sachs Asset Management, Nomura Asset Management, Amundi Asset Management, Think Investments, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Kotak Mutual Fund, Edelweiss Mutual Fund, Invesco Mutual Fund, Tata Mutual Fund, Motilal Oswal Mutual Fund, Bank of India Mutual Fund, Trust Mutual Fund, and Helios Mutual Fund.

Use of Funds and Corporate Expansion Intent

According to regulatory filings submitted under SEBI guidelines, Netweb Technologies will utilize the net proceeds to finance working capital needs stemming from a growing order book across enterprise, research, and defense verticals[cite: 4]. Remaining funds are allocated for general corporate purposes.

Netweb manufactures High-end Computing Solutions at three facilities located in the Delhi-NCR (Faridabad) region and operates 23 locations across India[cite: 4]. The company provides integrated hardware architecture for high-performance computing, private cloud systems, enterprise AI servers, and high-performance storage solutions.

Official Sources Section

Regulatory filings, transaction updates, and operational metrics were submitted to financial markets through official market releases:

• Regulatory disclosure submitted to the National Stock Exchange of India (NSE)

• QIP completion notification filed with BSE LimitedCorporate press releases published by

• Netweb Technologies India Limited

• Capital deployment guidelines managed by the Securities and Exchange Board of India (SEBI)

Executive Statements

"This QIP represents an important milestone in our journey and reflects confidence not only in our performance, but also in the long-term opportunity across AI and high-end computing infrastructure," said Sanjay Lodha, Chairman and Managing Director of Netweb Technologies.

"India is entering a significant multi-year build-out of AI and advanced computing infrastructure, supported by national initiatives, enterprise adoption and growing requirements for secure and sovereign computing," Lodha stated[cite: 4]. "The capital raised strengthens our balance sheet and financial flexibility and enhances our ability to support the working-capital requirements in line with anticipated growth in our scale of operations and order book."

Why It Matters

As Indian enterprises and government entities ramp up data center and artificial intelligence deployments, domestic original equipment manufacturers (OEMs) require expanded working capital to source specialized hardware components and support large-scale enterprise tenders.

For investors and public markets, Netweb's ₹12 billion capital infusion highlights institutional demand for Indian hardware infrastructure suppliers participating in national computing and "Make in India" manufacturing initiatives.

Key Facts at a Glance

• Capital Raised: Aggregate proceeds of approximately ₹12 billion (₹1,200 crore) via QIP.

• Share Pricing: Allotted 2,505,219 shares at an issue price of ₹4,790.00 per share.

• Institutional Participation: Subscribed by global firms including Goldman Sachs, Nomura, and Amundi alongside major domestic mutual funds.

• Capital Purpose: Funding working capital for order book expansion and general corporate goals.

• Corporate Footprint: Headquartered in Faridabad, operating 3 manufacturing units in Delhi-NCR and 23 locations across India.

Frequently Asked Questions (FAQ)

What is the total amount raised by Netweb Technologies in the QIP?

Netweb Technologies raised approximately ₹12 billion (₹1,200 crore) through its Qualified Institutions Placement.

At what price were the new equity shares issued?

The equity shares were issued at a price of ₹4,790.00 per share, which includes a face value of ₹2.00 and a premium of ₹4,788.00 per share.

How will Netweb Technologies use the raised funds?

The company intends to use the net proceeds primarily to fund working capital requirements for executing its expanding order book and for general corporate purposes.

Source: Netweb Technologies India Limited Regulatory Filings, National Stock Exchange of India (NSE), BSE Limited.