Netweb Technologies India IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Jul 19, 2023The upcoming Netweb Technologies India IPO has generated significant buzz in the investment community, presenting a compelling opportunity for investors looking to capitalize on the thriving technology sector in India.
The company aims to list its equity shares on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). With fresh issues worth Rs 206 crore and an offer for sale (OFS) of up to 85 lakh equity shares, the IPO holds immense potential for both institutional and retail investors.
This blog will delve into the important aspects of the Netweb Technologies India IPO, including its financial performance, key dates, pricing, subscription status, and a Netweb Technologies India IPO review of the company.
| Face Value | Rs 2 |
| Price Band | Rs 475 to Rs 500 |
| Listing At | BSE, NSE |
| Min. Order Quantity | 30 Shares |
| Listing Date | 27 July 2023 |
| Offer for Sale | Rs 631.00 Crore |
| Fresh Issue | Rs 206.00 Crore |
| IPO Size | Rs 425.00 Crore |
| Tick Size | 1 |
Netweb Technologies India IPO Overview
Netweb Technologies, a leading high-end computing solutions (HCS) provider in India, will launch its IPO on July 17. The Netweb Technologies India IPO will be open for a 3-day subscription and will close on July 19.
The company aims to list its equity shares on the BSE and NSE stock exchanges. The IPO consists of fresh issues worth Rs 206 crore and an offer for sale (OFS) of up to 85 lakh equity shares.
The IPO price band and lot size will be announced later. Selling shareholders include Sanjay Lodha, Navin Lodha, Vivek Lodha, Niraj Lodha, and Ashoka Bajaj Automobiles LLP. Anchor investors can bid on July 14.
Netweb Technologies India IPO Important Dates
| Events | Date |
| IPO Opening Date | 17 July 2023 |
| IPO Closing Date | 19 July 2023 |
| Basis of Allotment Finalization | 24 July 2023 |
| Refunds Initiation | 25 July 2023 |
| Credit of Shares to Demat Account | 26 July 2023 |
| Share Listing Date | 27 July 2023 |
The upcoming Netweb Technologies India IPO dates have been. The IPO is scheduled to open on July 17, 2023, allowing investors to subscribe to the shares until July 19, 2023.
The basis of allotment, which determines the allocation of shares to investors, is expected to take place on July 24, 2023. Refunds for unsuccessful applicants will be initiated on July 25, 2023, followed by the credit of shares to demat accounts on July 26, 2023.
The listing of Netweb Technologies India shares on the stock exchanges, including the NSE and BSE, is anticipated to occur on July 27, 2023.
It is important to note that the cut-off time for UPI mandate confirmation is 5 PM on July 19, 2023. Investors should stay updated with official announcements for any changes to these dates.
Netweb Technologies India IPO Price, Size, Share Offerings
| Face Value | Rs.2 |
| Price Band | Rs 475 to Rs 500 |
| Offer for Sale | Rs 631.00 Crore |
| Fresh Issue | Rs 206.00 Crore |
| IPO Size | Rs 425.00 Crore |
The Netweb Technologies India IPO price is between Rs 475 and Rs 500 per share, with a face value of Rs 2 per share. The lot size for the IPO is 30 shares. The total Netweb Technologies India IPO size comprises 12,620,000 shares, aggregating up to Rs 631.00 crore.
Of the total issue size, the fresh issue consists of 4,120,000 shares, amounting to Rs 206.00 crore. The offer for sale includes 8,500,000 shares of Rs 2, aggregating up to Rs 425.00 crore. Additionally, there is an employee discount of Rs 25 per share.
The IPO is categorized as a Book Built Issue IPO and is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Before the issue, the company’s shareholding stood at 50,923,980 shares. Post-issue, the shareholding will increase to 55,043,980 shares.
Netweb Technologies India IPO Grey Market Premium
| Date | GMP (Rs.) | Kostak Rate (Rs.) | Subject to Sauda (Rs.) |
| Not Disclosed | |||
The Netweb Technologies India IPO GMP is an unofficial market where shares of a company are traded before their official listing on the stock exchange. The GMP reflects the premium or discount at which these shares are bought and sold based on investor demand and sentiment.
The Netweb Technologies India IPO GMP has not been made public yet. The absence of a premium on the share price in the grey market indicates a lack of substantial demand or interest among investors at the moment.
It is important to note that the grey market premium is influenced by various market factors and can change over time.
Netweb Technologies India IPO Subscription Status
| Day / Date | QIB | NII | RII | Emp | Total Subscription |
| 1st Day – 17th Jul | 0.03x | 3.70x | 3.13x | 7.10x | 2.38x |
| 2nd Day – 18th Jul | 2.57x | 18.47x | 9.04x | 17.87x | 9.23x |
| 3rd Day – 19th Jul | 220.69x | 83.21x | 19.48x | 55.92x | 90.55x |
| Shares Offered or Net Issue | 2,520,200 | 1,890,150 | 4,410,350 | 19,000 | 12,620,000 |
The Netweb Technologies India IPO Subscription status is not known yet as per the information provided. The IPO subscription status indicates the level of investor interest and demand for the company’s shares.
It typically shows the number of times the shares on offer are subscribed by investors in different categories, such as retail, qualified institutional buyers (QIBs), and non-institutional investors (NIIs).
Monitoring the subscription status can provide valuable insights into the market sentiment and help investors make informed decisions about their investment in Netweb Technologies India.
Netweb Technologies India IPO Allotment Status
The Netweb Technologies India IPO Allotment Status is currently not available. Interested individuals can stay updated on the Netweb Technologies India IPO Allotment Status by regularly checking the official website of the company or visiting the specific link provided by the firm.
It is important to note that the allotment status will be determined after the completion of the necessary procedures, including regulatory approvals and the bidding period.
Netweb Technologies India IPO Live Performance
Investors should closely monitor the live performance of the IPO, which include updates on share prices, trading volumes, and market sentiment.
Netweb Technologies India specializes in software development, web development, mobile apps, cloud computing, and digital marketing. By tracking the Netweb Technologies India IPO live performance, investors can gain insights into market demand and the company’s growth potential.
Staying informed through reliable sources can help investors make informed decisions. However, it’s important to remember that the IPO’s live performance is influenced by market conditions and external factors, necessitating careful research and analysis.
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Latest Netweb Technologies India IPO News
Netweb Technologies India, an IT services provider, has filed draft papers for an IPO to raise funds. The IPO will include a fresh issue of equity shares, with the proceeds allocated for working capital and general corporate purposes.
Investors are advised to stay updated on the latest news and official sources for information on the Netweb Technologies India IPO news.
As with any investment, a thorough analysis of the company’s financials and industry trends is essential. The IPO presents an opportunity to participate in the growth of India’s IT services sector.
Netweb Technologies India – Company Review
Netweb Technologies India Ltd is a well-established company that has been operating for 24 years since its inception in the year 1999.
The company specializes in providing high-end computing solutions (HCS) to meet the diverse computing needs of its customers.
Their offerings include computing and supercomputing systems, shared infrastructure facilities such as private cloud and hyper-converged infrastructure (HCI), AI systems, high-performance storage, and data centre servers.
One of the core areas of expertise for Netweb Technologies India Ltd is the design, manufacturing, and deployment of high-end computing systems.
These systems consist of not only hardware components but also proprietary middleware solutions, end-user utilities, and precompiled application stacks. The company leverages its supercomputing infrastructure to address the growing computational requirements of businesses and research organizations.
Netweb Technologies India Ltd has an impressive track record with a substantial number of installations under its belt.
They have successfully deployed over 300 supercomputing systems, 50 private cloud, and HCI installations, and more than 4,000 accelerator-based AI systems. This demonstrates their capability to deliver advanced computing solutions at scale.
Overall, Netweb Technologies India Ltd has a strong reputation for providing comprehensive high-end computing solutions, including supercomputing systems, private cloud infrastructure, AI systems, and more.
With their extensive experience, wide customer base, and successful installations, they continue to be a prominent player in the computing industry, catering to the evolving needs of businesses, research organizations, and government institutions.
Products or Services
Netweb Technologies India is a leading provider of IT solutions and services for various sectors and industries. Netweb offers a range of products and services, such as cloud computing, data centre, cybersecurity, artificial intelligence, blockchain, IoT, and digital transformation.
Thus, Netweb helps its clients to leverage the power of technology to achieve their business goals and enhance their competitive edge. Netweb has a team of experienced and certified professionals who deliver high-quality and customized solutions to meet the specific needs and challenges of each client.
Also, Netweb has a strong network of partners and alliances with global technology leaders, such as Microsoft, IBM, Oracle, Cisco, and VMware. Netweb commits to excellence, innovation, and customer satisfaction in every project it undertakes.
The company serves a wide range of customers across various industries. Their clientele includes end-user sectors such as IT, ITES (Information Technology Enabled Services), entertainment, BFSI (Banking, Financial Services, and Insurance), as well as government-owned defence organizations and educational institutions involved in research and development.
Some notable institutional and academic clients of Netweb Technologies India Ltd include IIT Jammu, IIT Kanpur, NMDC Data Centre, Graviton Research Capital, Institute of Nano Science and Technology, and Jawaharlal Nehru University (JNU).
Additionally, the company has a significant presence in supporting the Indian space research program, showcasing its involvement in critical national initiatives.
Promoters and Holding
Sanjay Lodha, Navin Lodha, Vivek Lodha, and Niraj Lodha were the main promoters of the company. Before the Netweb Technologies India IPO, the promoters held 94.89% of the company’s capital.
After the issue, there will be a dilution of the promoter equity. The extent of dilution will depend on the pricing of the IPO and the actual number of shares issued via OFS and fresh issues.
Is Netweb Technologies India Good for Investment?
Netweb Technologies India is a technology services company specializing in providing customized software solutions and IT consulting services.
The company has steadily grown its presence in the industry, catering to clients across various sectors. Its expertise lies in delivering innovative and scalable solutions to meet the evolving needs of businesses.
Netweb Technologies operates in a highly competitive market, but it has managed to carve out a niche for itself. The company’s competitive advantage stems from its ability to offer end-to-end solutions, including software development, maintenance, and support services.
Additionally, its emphasis on adopting emerging technologies and continuous upskilling of its workforce has helped it stay ahead of the curve.
While specific financial details may not be available at the time of writing this review, it’s essential to evaluate Netweb Technologies’ historical financial performance and growth trajectory.
Investors should carefully analyze the company’s revenue streams, profitability, debt levels, and cash flow statements, which will be disclosed in its IPO prospectus. Consulting financial experts or conducting further research on the company’s financials is advisable before making any investment decisions.
As the technology landscape continues to evolve, Netweb Technologies is well-positioned to capitalize on emerging trends. The company’s focus on digital transformation, cloud computing, artificial intelligence, and other disruptive technologies aligns with the industry’s future trajectory.
A detailed analysis of the market trends and growth potential within the technology sector would provide valuable insights for investors evaluating Netweb Technologies India’s IPO.
Investors must carefully consider the risks associated with any investment opportunity. Netweb Technologies’ IPO prospectus will provide specific details regarding the risks involved.
Common risks in the technology industry include intense competition, changing market dynamics, cybersecurity threats, and regulatory challenges. A thorough understanding of these risks will enable investors to make informed decisions.
Netweb Technologies India Financial Statements
| Amount (in INR & Million) | |||
| 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Assets | 2,659.50 | 1,486.06 | 1,101.95 |
| Revenue | 4,456.50 | 2,479.41 | 1,442.91 |
| Expense | 3,826.87 | 2,177.14 | 1,331.90 |
| Profit After Tax | 469.36 | 224.53 | 82.30 |
The financial performance of Netweb Technologies India Ltd over the last three completed financial years shows positive growth and potential for the company. Here are the key takeaways from the financial highlights:
- Revenue Growth: Netweb Technologies has experienced impressive revenue growth, with a CAGR of over 70% in the last two years. This growth attributes to the increasing demand for shared IT infrastructure and big data in India, indicating a promising future for the company.
- Profitability: The company has consistently grown its profits, with a noticeable uptrend in net margins. This suggests a strong profit potential for Netweb Technologies, as demonstrated by the double-digit return on assets maintained over the past two years.
- Asset Utilization: Netweb Technologies has efficiently utilized its assets, as indicated by the consistently high asset turnover ratio. The average turnover ratio above 1.5 reflects the company’s ability to generate revenue from its assets.
- Future Prospects: While the pricing of the IPO is a crucial factor, the sustained profit margins and asset turnover ratios suggest a positive outlook for the company. Investing in Netweb Technologies India IPO could be a favourable bet on the future of digital India. However, a comprehensive evaluation of valuations is required, which will depend on the IPO pricing.
Overall, Netweb Technologies India’s financial performance highlights its strong revenue growth, profitability, and efficient asset utilization. Investors should consider these factors while assessing the potential of the IPO and determining the valuation of the company.
| Earnings per Equity Share (in Million) | |||
| 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Basic & Diluted | 9.22 | 4.41 | 1.62 |
Netweb Technologies India IPO Review
The Netweb Technologies India IPO is generating significant interest among investors, and it presents a promising investment opportunity.
As a technology services company, Netweb specializes in customized software solutions and IT consulting services. With a strong market presence and a diverse client base, the company is well-position to capitalize on the growing technology sector in India.
Although specific financial details are not provided in the source, Netweb Technologies India has demonstrated robust revenue growth in recent years. Along with consistent profitability and a strong return on assets. These factors indicate a positive financial outlook for the company.
Investors should consider potential risks, such as intense market competition, regulatory challenges, and cybersecurity threats. Conducting thorough due diligence and analyzing the IPO prospectus. It includes financial details and valuation, is essential for making informed investment decisions.
Overall, Netweb Technologies India’s market position, focus on emerging technologies and promising financial performance make it an attractive investment opportunity. Consulting with financial advisors or experts can provide further guidance in evaluating the potential of this IPO.
Netweb Technologies India IPO Details
Here are a few more details you need to know before investing in Netweb Technologies India IPO –
Netweb Technologies India IPO Issue Object
Thus, Netweb Technologies India has proposed diverse objectives for making the IPO offer and some of the objectives are:
- Funding capital expenditure requirements for:
i. Civil construction of the building for the surface mount technology (SMT) line and interior development; and
ii. Purchase of equipment/machinery for our new SMT production line (SMT Line); (collectively, Capital Expenditure). - Funding our long-term working capital requirement;
- Repayment or pre-payment, in full or in part, of certain of our outstanding borrowings; and
- General corporate purposes.
Netweb Technologies India IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- 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;
- We are one of India’s leading HCS providers and we 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.
Quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-22 | 9.22 | 68.01 | 18.39 |
| 31-Mar-21 | 4.41 | 67.85 | 8.71 |
| Mar-20 | 1.62 | 46.41 | 4.28 |
Netweb Technologies India IPO Lead Managers
Here is the list of Lead managers –
- Equirus Capital Private Limited
- IIFL Securities Limited
Netweb Technologies India IPO Registrar to offer
Check out the details of the registrar here –
Link Intime India Private Limited
C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai 400 083, India
Tel: +91 8108114949
E-mail: netwebtechnologies.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor grievance e-mail: netwebtechnologies.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR000004058
Netweb Technologies India IPO – Other Details
- Statutory Auditor – S S Kothari Mehta & Company
- Legal Counsel to the Company – Bharucha & Partners
- Bankers to the Company – Indian Bank and HDFC Bank
Netweb Technologies India IPO Verdict by Stock Brokers
Thus, Netweb Technologies India IPO presents a promising investment opportunity. As a leading high-end computing solutions provider, the company specializes in customized software solutions and IT consulting services.
With a strong market presence and diverse client base, Netweb Technologies is well-position to capitalize on the growing technology sector in India.
The company has showcased robust revenue growth and consistent profitability in recent years. This indicates a positive financial outlook for Netweb Technologies.
Investors should be aware of potential risks, including intense market competition, regulatory challenges, and cybersecurity threats. Conducting thorough due diligence and analyzing the IPO prospectus. It includes financial details and valuation, which is crucial for making informed investment decisions.
Netweb Technologies India IPO – Conclusion
In conclusion, the Netweb Technologies India IPO presents a compelling opportunity for investors.
The firm excels in the technology industry thanks to its focus on high-end computer solutions and its substantial market presence. Financial performance metrics for the IPO, including strong revenue growth, steady profitability, and effective asset utilization, add to its allure.
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Netweb Technologies India IPO Review FAQs
Check out the FAQs on Netweb Technologies India IPO –
What is the Issue Size of Netweb Technologies India IPO?
The Company is making an initial public offer of 12,620,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Netweb Technologies India IPO?
The price band for this particular IPO ranges between Rs 475 to Rs 500. As far as the face value of the share is of concern, it is Rs.2 per share.
What is the Netweb Technologies India IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on 17 July 2023, while the closing date is set for 19 July 2023.
What is the Netweb Technologies India IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on 24 July 2023, refund initiation is on 25 July 2023, credit of shares is on 26 July 2023, and share listing date is on 27 July 2023.
What is the Netweb Technologies India IPO Listing Date?
Shares of this company shall be listed in the exchanges on 27 July 2023. The date, when the listing would be done, is stagnant on 27 July 2023.
Who is the Registrar of Netweb Technologies India IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Link Intime India Private Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Netweb Technologies India IPO?
Here are the promoters of this IPO – SANJAY LODHA, NAVIN LODHA, VIVEK LODHA AND NIRAJ LODHA. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Netweb Technologies India IPO?
They have obtained the GMP of this IPO and it is Rs. NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.
Is Netweb Technologies India IPO Good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Netweb Technologies India Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2023 in Million is 469.36, 2022 is 224.53, 2021 is 82.30.
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