Netweb Technologies India IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP

Let’s have a detailed review of the company and analytics of the Netweb Technologies India IPO release date, IPO offer price, subscription, Netweb Technologies India IPO Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.

Netweb Technologies India IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.

Netweb Technologies India IPO – Summary

They are one of India’s leading high-end computing solutions (HCS) providers, with fully integrated design and manufacturing capabilities.

Their 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 centre servers; and (vi) software and services for their HCS offerings. 

The Promoter of this company is SANJAY LODHA, NAVIN LODHA, VIVEK LODHA AND NIRAJ LODHA. The lead manager of the issue is Equirus Capital Private Limited and IIFL Securities Limited, and the Registrar of this issue is BIG SHARE SERVICES PRIVATE LIMITED.

Netweb Technologies India IPO Date

The opening and closing dates of Netweb Technologies India IPO are not available yet.

Netweb Technologies India IPO Subscription

The shares subscribed by the public will be updated here.

Netweb Technologies India IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Allotment of Equity Shares is pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.

Netweb Technologies India IPO Limited IPO Listing Date

Find the dates below on basis of allotment, refund, listing, and more:

Netweb Technologies India IPO Price Band

The face value of each share is Rs.2, but the price band of the IPO is Rs.[●] 

Netweb Technologies India IPO Equity Size

This Initial Public Issue of 8,500,000 Equity Shares of Rs.2 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Million.

Netweb Technologies India IPO Share Offering

Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 8,500,000 Equity Shares of Rs.2/ each.

Issue Size: 8,500,000 Equity Shares of Rs.2 each, aggregating to Rs.[●] Million

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Netweb Technologies India IPO – Live Performance

The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.

Netweb Technologies India IPO Grey Market Premium

The Netweb Technologies India IPO Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X. 

Netweb Technologies India IPO – Company Overview

They are one of India’s leading Indian-origin, owned and controlled OEMs in the space of HCS providing Supercomputing systems, private cloud and HCI, data centre servers, AI systems and enterprise workstations, and HPS solutions.

In terms of the number of HPC installations, they are one of the most significant OEMs in India amongst others.

Since the inception of the erstwhile sole proprietorship, one of their Promoters, Sanjay Lodha, M/s Netweb Technologies, which their Company had acquired in August 2016, until February 28, 2023, they have undertaken installations of (i) over 300 Supercomputing systems, (ii) over 50 private cloud and HCI installations; (iii) over 4,000 accelerator / GPU based AI systems and enterprise workstations; and (iv) HPS solutions with throughput storage of up to 450 GB/ sec.

They design, manufacture and deploy their HCS comprising proprietary middleware solutions, end-user utilities and a pre-compiled application stack.

Netweb Technologies India IPO – Financial Statements

A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

Financial Summary:

Earnings per Equity Share (in Million)

Further, their PAT for the period ended on Sep 30, 2022, Sep 30, 2021, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 147.32 Million, Rs. 81.96 Million, Rs. 224.53 Million, Rs. 82.30 Million and Rs. 39.06 Million respectively.

Netweb Technologies India IPO – Promoters

The Promoter of this company is:

1. SANJAY LODHA
2. NAVIN LODHA
3. VIVEK LODHA
4. NIRAJ LODHA

List of Related Parties (Key Managerial Personnel)

• Sanjay Lodha, Chairman and Managing Director
• Navin Lodha, Whole Time Director
• Vivek Lodha, Whole Time Director
• Niraj Lodha, Whole Time Director
• Mrutyunjay Mahapatra, Independent Director

Netweb Technologies India IPO – Promoters Holding

• Pre-Issue Share Holding – %
• Post-Issue Share Holding – %

Netweb Technologies India IPO Offer Details or Issue Details

Netweb Technologies India IPO Issue Object

Their Company proposes to utilize the Net Proceeds towards funding the following objects:

1. 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 their new SMT production line (SMT Line);(collectively, Capital Expenditure).
2. Funding their long-term working capital requirement;
3. Repayment or pre-payment, in full or in part, of certain of their outstanding borrowings; and
4. General corporate purposes

Netweb Technologies India IPO – Business Strategy

• Expanding and augmenting their product portfolio
• Expanding geographic footprints in EMEA (i.e., Europe, Middle East and Africa)
• Deepen their penetration across verticals

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 OEMs 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
• They are one of India’s leading HCS provider and they 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
  .

The relevant quantitative factors are:

Netweb Technologies India IPO: Competitive Peers

Netweb Technologies India IPO Lead Managers

Netweb Technologies India IPO Registrar to offer

Netweb Technologies India IPO – Other Details

• Statutory Auditor – SS Kothari Mehta & Company
• Legal Counsel to the Company – Bharucha & Partners
• Bankers to the Company – Indian Bank and HDFC Bank

Netweb Technologies India IPO Review by Stock Brokers

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Netweb Technologies India IPO Limited IPO News

News 1 – IPO DRHP Download

News 2 – IPO RHP Prospectus Download

Netweb Technologies IPO Review FAQs

Check out various FAQs related to Netweb Technologies IPO:

What is the Issue Size of Netweb Technologies IPO?

The Company is making an initial public offer of 8,500,000 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 IPO?

The price band for this particular IPO ranges between Rs NA. As far as the face value of the share is of concern, it is Rs. 2 per share.

What is the Netweb Technologies IPO Open Date?

The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.

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 NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.

What is the Netweb Technologies IPO Listing Date?

Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.

Who is the Registrar of Netweb Technologies 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 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 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 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 IPO 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 2022 in Million is 224.53, 2021 is 82.30, and 2020 is 39.06. PAT from Sep 2022 is 147.32.

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