Netweb Technologies Limited is one of India’s leading high-end computing solutions (HCS) provider, with fully integrated design and manufacturing capabilities.
Netweb Technologies HCS Offerings Comprises:
- High Performance Computing (Supercomputing / HPC) systems;
- Private cloud and hyperconverged infrastructure (HCI);
- AI systems and enterprise workstations;
- High performance storage (HPS / Enterprise Storage System) solutions;
- Data Centre servers; and
- Software and services for our HCS offerings.
Netweb Technologies Limited is one of India’s leading Indian origin, owned and controlled OEM in the space of HCS providing Supercomputing systems, private cloud and HCI, data centre servers, AI systems and enterprise workstations, and HPS solutions.
The companies is cater 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.
The company design, manufacture and deploy its HCS comprising proprietary middleware solutions, end user utilities and pre-compiled application stack.
Netweb Technologies IPO – Details
| IPO Opening Date | 17 July 2023 |
| IPO Closing Date | 19 July 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1,26,20,000 Shares Worth ₹631 Crore Fresh Issue: 41,20,000 Shares Worth ₹206 Crore Offer For Sale: 85,00,000 Shares Worth ₹425 Crore |
| Face Value | ₹2 per equity share |
| IPO Price | ₹475 – ₹500 |
| Market Lot | 30 Shares |
| Min Order | 30 Shares (1 Lot) |
| Employee Discount | ₹25 Per Share |
| Listing At | BSE, NSE |
| Register | Link Intime India Private Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Netweb Technologies IPO – Date Schedule
| IPO Open Date | 17 July 2023 |
| IPO Close Date | 19 July 2023 |
| Basis of Allotment Date | 24 July 2023 |
| Initiation of Refunds | 25 July 2023 |
| Credit of Shares to Demat Account | 26 July 2023 |
| IPO Listing Date | 27 July 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 19, 2023 |
Netweb Technologies IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 30 | 15,000 |
| Retail (Max) | 13 | 390 | 1,95,000 |
| S-HNI (Min) | 14 | 420 | 2,10,000 |
| S-HNI (Max) | 66 | 1980 | 9,90,000 |
| B-HNI (Min) | 67 | 2010 | 10,05,000 |
Competitive Strengths
- One of India’s leading Indian origin owned and controlled OEM for HCS with integrated design and manufacturing capabilities;
- Long standing relationship with a marquee and diverse customer base;
- Significant product development and innovation through R&D;
- Netweb Technologies is one of India’s leading HCS provider and company operate in a rapidly evolving and technologically advanced industry with high entry barriers;
- Experienced Board and Senior Management; and
- Track record of financial performance and consistent growth.
Company Promoters
- Sanjay Lodha
- Navin Lodha
- Vivek Lodha
- Niraj Lodha
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2020 | 157.23 | 151.90 | 3.90 | 15.23 |
| 31 March 2021 | 144.29 | 133.19 | 8.23 | 30.54 |
| 31 March 2022 | 247.94 | 217.71 | 22.45 | 34.48 |
| 31 March 2023 | 445.65 | 382.68 | 46.93 | 35.60 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E | 59.67 |
| Market Cap (₹ Cr.) | 2803.2 |
| ROE | 68.01% |
| ROCE | 64.62% |
| Debt/Equity | 0.3 |
| EPS (Rs) | 9.22 |
| RoNW | 68.01% |
Object Of The Issue
- Funding company’s capital expenditure requirements.
- Funding company’s long term working capital requirements.
- Repayment or pre-payment, in full or in part, of certain of company’s outstanding borrowings.
- General corporate purposes.
Netweb Technologies IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 10 | Syrma SGS Technology Limited | 59.72 |
| 2 | 10 | Kaynes Technology India Limited | 76.77 |
| 3 | 2 | Dixon Technologies (India) Limited | 102.97 |
Netweb Technologies IPO Promoter Holding
| Pre Issue Share Holding | 97.80% |
| Post Issue Share Holding | 75.45% |
Netweb Technologies IPO Prospectus
- Netweb Technologies IPO DRHP
- Netweb Technologies IPO RHP
- Anchor Investors in Netweb Technologies India IPO
Company Contact Information
| Netweb Technologies Limited Plot No H-1, Pocket 9, Faridabad Industrial Town (FIT), Sector-57, Ballabhgarh, Faridabad, Haryana – 121004 Phone: +911292310416 Email: complianceofficer@netwebindia.com Website: www.netwebindia.com |
Netweb Technologies IPO Registrar
| Link Intime India Private Limited Phone: +91 8108114949 Email: netwebtechnologies.ipo@linkintime.co.in Website: www.linkintime.co.in |
Netweb Technologies IPO Lead Manager(s)
| 1. Equirus Capital Private Limited 2. IIFL Securities Limited |
Netweb Technologies IPO FAQs
| What is Netweb Technologies IPO? Netweb Technologies IPO is a main-board IPO. The issue is priced at ₹475 to ₹500 per equity share. The IPO is to be listed on BSE & NSE. |
| When Netweb Technologies IPO will open? The IPO is to open on 17 July 2023 for QIB, NII, and Retail Investors. |
| What is Netweb Technologies IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Netweb Technologies IPO? You can apply Netweb Technologies IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Netweb Technologies IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Netweb Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Netweb Technologies IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Netweb Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Netweb Technologies IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Netweb Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Netweb Technologies IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Netweb Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Netweb Technologies IPO Size? Netweb Technologies IPO size is ₹631 Cr. |
| What is Netweb Technologies IPO Price Band? Netweb Technologies IPO Price Band is ₹475 to ₹500. |
| What is Netweb Technologies IPO Minimum and Maximum Lot Size? The minimum bid is 30 Shares with ₹15,000 amount while the maximum bid is 390 shares with ₹1,95,000. |
| What is the Netweb Technologies IPO Allotment Date? Netweb Technologies IPO allotment date is 24 July 2023. |
| What is the Netweb Technologies IPO Listing Date? Netweb Technologies IPO listing date is 27 July 2023. The IPO is to list on BSE and NSE. |
