IPO

Netweb Technologies India Limited IPO

Mainboard

Computers Hardware & Equipment

Listed On: Jul 27, 2023 at ₹ 947.0(NSE)

₹ 15000 /30 Shares

Check Allotment

Price Summary

Last Closing

2,790.15 (458.03%)

52 Week High

2,980.00

52 Week Low

804.00

Last Update

22-Nov-2024 3:30 PM

Netweb Technologies India Limited IPO Details

17 Jul, 2023

Open Date

19 Jul, 2023

Close Date

24 Jul, 2023

Allotment Date

27 Jul, 2023

Listing Date

Issue Price

₹475-500 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

947.0(NSE)

Listing Date

2023-07-27

Market Lot

Retail : 30 Shares (₹15,000/-)
S-HNI : 420 Shares (₹2,10,000/-)
B-HNI : 2,010 Shares (₹10,05,000/-)

Lead Manager

Equirus Capital Private Limited
Iifl Securities Ltd

Issue Size

Total ₹631 Cr :
#Fresh Issue : 41,20,000 shares(aggregating up to ₹206.00 Cr) +
#OFS : 85,00,000 shares of ₹2(aggregating up to ₹425 Cr)

Retail Portion

35% (Number of Retail Applications: 1,47,000 Approx),
(Number of S-HNI Applications : 1,500 Approx),
(Number of B-HNI Applications : 3,000 Approx)

Subscription

90.35 times

IPO Docs

DRHP RHP

Netweb Technologies India Limited IPO Subscription Details

As onQIBNII
bNII   sNII
RetailEmployeeTotal
Shares Offered / Reserved2,528,5961,264,297
842,864    421,433
842,86513,1124,648,870
Day 1 - 17-07-23 05:00 PM0.03 x3.61
3.17 x   4.49 x
3.00 x6.60 x2.33 x
Day 2 - 18-07-23 05:00 PM2.66 x17.94
16.68 x   20.47 x
8.75 x16.55 x9.09 x
Day 3 - 19-07-23 05:00 PM228.91 x81.80
86.79 x   71.83 x
19.14 x53.10 x90.35 x
Total No. of Applications: 22,57,364 (Approx)
Retail Subscription on the basis of Applications: 15.36 times

Netweb Technologies India Limited Valuations

Earnings Per Share (EPS)

₹8.37/-

P/E Ratio

59.72

RoNW

68.01%

Net Asset Value (NAV) - As on 31.03.23

₹18.39

Netweb Technologies India Limited Company Financials All values are in ₹ Cr.

31-Mar-2331-Mar-2231-Mar-2131-Mar-20
Assets265.95148.61110.2050.59
Revenue445.65247.94144.29157.23
Profit After Tax46.9422.458.233.91

About The Company

Netweb Technologies India Limited provides high-end computing solutions (HCS).

Netweb Technologies' HCS offerings comprise:
High-performance computing (Supercomputing / HPC) systems,
Private cloud and hyper-converged infrastructure (HCI),
AI systems and enterprise workstations,
High-performance storage (HPS / Enterprise Storage System) solutions,
Data center servers, and
Software and services for our HCS offerings.

Netweb Technologies designs, manufactures and deploys HCS comprising proprietary middleware solutions, end-user utilities, and precompiled application stack. It develops homegrown compute and storage technologies, and deploys supercomputing infrastructure to meet the rising computational demands of businesses, academia, and research organizations, particularly, under India's National Supercomputing Mission. Two of the company's supercomputers have been listed 10 times in the world's top 500 supercomputers.

As of February 28, 2023, the company has undertaken installations of over 300 Supercomputing systems, over 50 private cloud and HCI installations, over 4,000 accelerator / GPU-based AI systems and enterprise workstations, and HPS solutions with throughput storage of up to 450 GB/ sec.

Netweb Technologies caters to marquee customers across various end-user industries such as information technology, information technology-enabled services, entertainment and media, banking, financial services and insurance (BFSI), national data centres, and government entities including in the defence sector, education and research development institutions (Application Industries) such as Indian Institute of Technology (IIT) Jammu, IIT Kanpur, NMDC Data Centre Private Limited (NMDC Data Centre), Airamatrix Private Limited (Airamatrix), Graviton Research Capital LLP (Graviton), Institute of Nano Science and Technology (INST), HL Mando Softtech India Private Limited (HL Mando), Dr. Shyam Prasad Mukherjee International Institute of Information Technology, Naya Raipur (IIIT Naya Raipur), Jawaharlal Nehru University (JNU), Hemvati Nandan Bahuguna Garhwal University (Hemvati University), Akamai India Networks Private Limited (Akamai), A.P.T. Portfolio Private Limited (A.P.T.), and Yotta Data Services Private Limited (Yotta).

The company also caters to an Indian Government space research organization and an R&D organization of the Ministry of Electronics and Information Technology, Government of India which is involved in carrying out R&D in information technology and electronics and associated areas including Supercomputing.

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Netweb Technologies India Limited - Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Netweb Tech27.1959.768.01%445
Syrma SGS5.6973.211.3%2,048
Kaynes Tech10.410416.4%1,121
Dixon Tech20.210122.4%12,192

Netweb Technologies India Limited - Promoter(s)

Pre Issue Share Holding: 97.80%

Post Issue Share Holding: 75.45%


Company Promoter(s)

  1. Sanjay Lodha
  2. Navin Lodha
  3. Vivek Lodha
  4. Niraj Lodha

Netweb Technologies India Limited IPO - Issue Objectives

  1. Funding capital expenditure requirements for civil construction of the building for the surface mount technology (SMT) line and interior development, and purchase of equipment/machinery for the new SMT production line (SMT Line)
  2. Funding of long-term working capital requirements
  3. Repayment or pre-payment, in full or in part, of certain outstanding borrowings
  4. General corporate purposes.

Netweb Technologies India Limited IPO - Anchor Investors

Netweb Technologies raises Rs 189 crore via anchor book ahead of IPO.

Nomura Funds, Goldman Sachs Funds, Eastspring Investments India Fund, Motilal Oswal MF, Franklin Templeton, Nippon Life India Trusteee, HDFC Mutual Fund, ICICI Prudential, Aditya Birla Sun Life Trustee, Axis Mutual Fund, and Whiteoak Capital are amongst investors invested in the company via anchor book.

Netweb Technologies India Limited IPO - FAQs

Ans. Netweb Technologies India Limited IPO is a Mainboard IPO. The issue is priced at ₹475-500 per equity share. The minimum order quantity is 30 Shares. The IPO opens on Jul 17, 2023, and closes on Jul 19, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Netweb Technologies India Limited IPO opens on Jul 17, 2023 and closes on Jul 19, 2023.

Ans. The size of Netweb Technologies India Limited IPO is Total ₹631 Cr : #Fresh Issue : 41,20,000 shares(aggregating up to ₹206.00 Cr) + #OFS : 85,00,000 shares of ₹2(aggregating up to ₹425 Cr).

Ans. The IPO price band is set between ₹475-500 per equity share.

Ans. To apply for Netweb Technologies India Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Netweb Technologies India Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Netweb Technologies India Limited IPO is Jul 24, 2023.

Ans. The Netweb Technologies India Limited IPO will be listed on Jul 27, 2023.

Ans. Follow the steps to check the allotment status for Netweb Technologies India Limited IPO here.