Netweb Technologies India IPO GMP Today, Netweb Technologies India Grey Market Premium Updates | Netweb Technologies India , Latest target, Opening gain

The Netweb Technologies IPO has begun on 17-Jul-2023. It will close on 19-Jul-2023. The Total IPO Size is 631 Crore. The company set its IPO price is 475-500 Rs Per Share. Basically, there are three basic categories in Netweb Technologies IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail.

Incorporated in 1999, Netweb Technologies India Limited provides high-end computing solutions (HCS).

Netweb Technologies’ HCS offerings comprise:

  1. High-performance computing (Supercomputing / HPC) systems,
  2. Private cloud and hyper-converged infrastructure (HCI),
  3. AI systems and enterprise workstations,
  4. High-performance storage (HPS / Enterprise Storage System) solutions,
  5. Data center servers, and

Check out Netweb Technologies India IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Netweb Technologies IPO Details:

Issuer Netweb Technologies ltd
Issue Type Book Built Issue IPO
Issue Period Issue Opens: JULY 17, 2023
Issue Closes: JULY 19, 2023
Price Brand ₹475 to ₹500 Per Share
Issue Size ₹631 crores
Face Value ₹ 2 per share
Market Lot 30 Shares
Retail (Max) ₹195000
QIB 75%
NIB 15% of the issue size
Retail Individual Bidders 10%
Listing at NSE & BSE
✔️ Apply With ? ANGEL Free DEMAT Account
Total Issue size 12,620,000 shares
Angel Free Demat Account

Netweb Technologies IPO GMP Rates day by day

Netweb Technologies Bank IPO Grey market premium as of today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
11 JULY 2023
12 JULY 2023 ₹315
13 JULY 2023 ₹ 315
14 JULY 2023 ₹325
16 JULY 2023 ₹370
17 JULY 2023 ₹369
18 JULY 2023 ₹372
19 JULY 2023 ₹352
20 JULY 2023 ₹381
21 JULY 2023 ₹387
23 JULY 2023
24 JULY 2023 ₹360
25 JULY 2023 ₹400
26 JULY 2023 ₹425
27 JULY 2023

Netweb Technologies Bank IPO Market Lot:

Application Lots Shares Amount
Retail (Min) 1 30 ₹15000
Retail (Max) 13 390 ₹195000
S-HNI (Min) 14 420 ₹210000
B-HNI (Min) 67 2010 ₹1005000

Netweb Technologies Bank IPO Allotment & Listing:

Netweb Technologies ltd.

 IPO Opening Date: JULY 17, 2023
Netweb Technologies IPO Closing Date : JULY 19 , 2023
Basis of Allotment: JULY 24, 2023
Refunds: JULY 25, 2023
Credit to Demat Account: JULY 26, 2023
Listing Date: JULY 27, 2023

How to Apply for Netweb Technologies IPO?

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How to Apply Netweb Technologies IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Netweb Tech”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply Netweb Technologies IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Netweb Tech”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.



Check:- Netweb Technologies IPO Allotment Status


– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
– This is only coverage of News related to Grey Market. We don’t deal in Grey market premium, nor do we recommend dealing in Grey Market. Investment decisions based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into the grey market nor do we facilitate buying or selling of IPO firms.

What is Grey Market?

Grey Market is the term used to describe an unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:


IGL Limited
Issue Price: Rs 301 Per Equity Share (Maximum Bid price)
Lot Size: 30
Grey Market Premium: Rs 475 to Rs 500
Kostak (Rs 13770): Rs 680 to Rs 720

This means IGL IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.