{
  "id": 3215729,
  "title": "Netweb Technologies shares fall 4% after raising Rs 1,200 crore through QIP",
  "url": "https://urgent.news/2026/08/25/netweb-technologies-shares-fall-4-after-raising-rs-1-200-crore",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-25T05:24:55.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/netweb-technologies-shares-fall-4-after-raising-rs-1200-crore-through-qip/articleshow/133494330.cms"
  },
  "original_language": "en",
  "account": "Netweb Technologies' shares experienced a 4% decline on Tuesday, plummeting to a low of Rs 5,220 on the NSE following the company's announcement of successfully completing its Rs 1,200 crore Qualified Institutional Placement (QIP). The QIP, the company's first equity capital raised since listing on the NSE and BSE in July 2023, garnered attention from global and domestic investors, with major players including Goldman Sachs, Nomura, and various mutual funds showing strong interest.",
  "summary": "Netweb Technologies shares fell nearly 4% after the company completed its Rs 1,200 crore Qualified Institutions Placement (QIP), its first equity capital raise since listing in July 2023. The issue drew strong participation from global and domestic institutional investors, including Nomura, Goldman Sachs Asset Management and several mutual funds. The company will use the proceeds to meet working…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}