Netweb Technologies India IPO

Netweb Technologies India IPO will open for subscription from 17 July 2023. the company aims for an issue size of ₹631 Cr through this IPO.

Company Overview

Full nameNetweb Technologies India Limited
SectorConsumer Durables
Company Website

About Company

The company is among India’s leading high-end computing solutions (HCS) providers, with fully integrated design and manufacturing capabilities. Its HCS offerings comprise (i) high-performance computing (Supercomputing / HPC) systems; (ii) private cloud and hyper-converged infrastructure (HCI); (iii) AI systems and enterprise workstations; (iv) high-performance storage (HPS / Enterprise Storage System) solutions; (v) data center servers; and (vi) software and services for our HCS offerings.

Between August 2016 and February 2023, it 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 designs manufactures and deploys its HCS comprising proprietary middleware solutions, end-user utilities, and precompiled application stack. It develops homegrown computing and storage technologies and deploys supercomputing infrastructure to meet the rising computational demands of businesses, academia, and research organizations under India’s National Supercomputing Mission.

The Objective of the Issue

  • 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),
  • Funding of long-term working capital requirements,
  • Repayment or pre-payment, in full or in part, of certain outstanding borrowings, and
  • General corporate purposes.

IPO Timetable

IPO Opening date17 July 2023
IPO Closing19 July 2023
Basis of Allotment24 July 2023
Initiation Refund25 July 2023
Credit to Demat Account26 July 2023
Listing Date27 July 2023

IPO details

Issue typeBook Built Issue IPO
IPO issue size₹631 Cr – 12,620,000 shares
Fresh Issue₹206 Cr – 4,120,000 shares
Offer for sale₹425 Cr – 8,500,000 shares
Face value₹2 per share
Price Band₹475 to ₹500 per share
Lot size30 Shares
Employee Discount₹ 25 per share
Listing ExchangeBSE & NSE

IPO Lot Size

Retail (Min)130₹15,000
Retail (Max)13390₹195,000
S-HNI (Min)14420₹210,000
S-HNI (Max)661,980₹990,000
B-HNI (Min)672,010₹1,005,000

Reservation Details

QIB Shares Offered50% 
NII (HNI) Shares Offered15% 
Retail Shares Offered35% 

Financial Performance

 FY 2021FY 2022FY 2023
Net income8.1722.5546.94
Margin (%)5.729.1310.55
(Amount in ₹ Crores)

Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio52.37 – 55.13
RONW (%)46.4167.8568.01
ROCE (%)35.5451.6364.42
EBITDA (%)11.1314.3715.89

Company Promoters

  • Mr. Sanjay Lodha
  • Mr. Navin Lodha
  • Mr. Vivek Lodha
  • Mr. Niraj Lodha

Promoter Holding

Pre Issue Share Holding97.80%
Post Issue Share Holding75.45%

Lead Manager(s)

  • Equirus Capital Private Limited
  • IIFL Securities Ltd

IPO Registrar

C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200

Contact Details

Plot No H-1, Pocket 9,
Faridabad Industrial Town (FIT), Sector-57,
Ballabhgarh, Faridabad, Haryana – 121004
Phone: +91 – 1292310416

Allotment Status

Netweb Technologies IPO allotment will be available on Link Intime’s website. Click on this link to get allotment status.

Final thoughts

Netweb Technologies India IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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