IPO Opened Today : Today i.e. on July 17, two companies have opened their Initial Public Offering. The closing date of both the IPOs is also the same. Investors will be able to place bets till July 19. Netweb Technologies India Limited (Netweb Technologies India Limited IPO) and Asarfi Hospital Limited IPO are included in this list.
Netweb Technologies India Limited IPO
Netweb Technology India Limited has issued 12,620,000 shares. The company aims to raise Rs 631 crore through the issue. 4,120,000 shares will be offered as fresh issue and 8,500,000 shares will be offered as Offer for Sale (OFS).
The face value of the IPO is Rs 2 per share. The price band is from Rs.475 to Rs.500. Lot size is 30 shares. Employee Discount Rs.25 per share Yes. The listing platform is BSE and NSE. The listing of the shares will take place on July 27.
29.95% shares have been reserved for Anchor Investors, 19.97% for QIB, 14.98% for NII, 34.95% for Retail and 0.15% for Employee. The IPO has been subscribed 0.45 times till 11:07 am. Retail subscription is 0.69 times and NII subscription is 0.48 times. LINK Intime India is the registrar to the Private Offering.
Let us tell you that the company provides high-end computing solutions since the year 1999. The pre-issue shareholding of the promoters is 97.80% and the post issue shareholding is 75.45%.
Asarfi Hospital IPO
This company providing health services in Jharkhand has opened its IPO. Has issued 5,180,000 shares to raise a fund of Rs 26.94 crore. The face value is Rs 10 per share. The listing platform is BSE or SME. The issue will be listed on July 27. The IPO has been subscribed 0.28 times so far. 28.49% shares have been reserved for Anchor Investors, 5.02% for Market Makers, 19.00% for QIBs, 14.25% for NII and 33.24% for Retail.
The lot of the issue is 2000 shares. The face value is Rs 10 per share. The price band is from Rs 51 to Rs 52. The post shareholding of the promoters is 61.17%. Harendra Singh, Nayan Prakash Singh, Uday Pratap Singh, Madhuri Singh and Neetu Singh are the Promoters of the company.
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