Netweb Technologies India IPO Details
Issue Date
--
Price Range
₹500
Lot Size
30
IPO Size
₹631.05 Cr
Netweb Technologies India IPO Listing Details
Listing On
27 Jul'23
Issue Price
--
Listed Price
₹ 947
Retail Gain/Listing Gain
▲89.40%
Schedule of Netweb Technologies India IPO
Start date
End date
Allotment of bids
Refund Initiation
Listing on exchange
27/07/2023
Company Background
Netweb Technologies India Ltd. is one of India’s leading high-end computing solutions (HCS) providers, with fully integrated design and manufacturing capabilities. (Source: F&S Report). The company’s HCS offerings comprise supercomputing systems, private cloud and HCI, data centre servers, AI systems, enterprise workstations, and HPS solutions (Source: F&S Report).
Netweb Technologies India caters to 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. Some marquee clients include the Indian Institute of Technology (IIT) in multiple locations, the NMDC Data Centre, and the Institute of Nano Science and Technology (INST), among many more.
The company also caters to an Indian Government space research organisation and an R&D organisation of the Ministry of Electronics and Information Technology, Government of India.
Competitive Strengths
Long-standing relationship with marquee and diverse customers
Operates in a technologically advanced industry with high entry barriers
Track record of financial performance and consistent growth
Risk Factors
- The company’s success is dependent on its long-term relationship with customers.
- The majority portion of revenues from operations are from a select few HCS offerings.
- A significant proportion of orders are from government-related entities.
Key Strategies
Here are a few strategies Netweb Technologies India Limited has for its business:
- Expanding and augmenting product portfolio.
- Expanding geographic footprints in EMEA (i.e., Europe, Middle East and Africa).
- Deepen penetration across verticals.
Key Financials
Here are some key financial information for Netweb Technologies India:
How to apply for IPO through ASBA
Kotak Neo
•00m 59s
Netweb Technologies India IPO FAQs
The Netweb Technologies India IPO opens for subscription from [-] to [-], with a total issue size of ₹631.05 Cr. The IPO price band is ₹500 to ₹0 per share with a lot size of 30. The company aims to list the shares on BSE & NSE on 27-07-2023.
The Netweb Technologies India IPO will open for subscription on [-] and will close on [-] for investors.
The minimum lot size for the Netweb Technologies India IPO is 30 equity shares, requiring a minimum investment of ₹[-] for retail investors applying in the IPO.
The price band of the Netweb Technologies India IPO has been fixed at ₹500 to ₹0 per equity share.
You can apply for the Netweb Technologies India IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.
Netweb Technologies India IPO allotment will take place on [-].
You can check the Netweb Technologies India IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.
Netweb Technologies India shares will list on the stock exchanges on 27-07-2023.
The Netweb Technologies India Limited IPO has an issue size of Rs. 631 crores. The IPO opens for subscription on 17th July and ends on 19th July.
Link Intime India Private Limited is the registrar for this IPO.
You can read more about Netweb Technologies India Limited and its IPO from the company’s red herring prospectus (RHP) here: Netweb Technologies India Limited.
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